Tag: oilfield

Premier Oil interested in MOL’s stake in Catcher oil field – Hungary, 9 March 2018

CEO of Premier Oil Tony Durrant said that the company is interested in increasing its 50 % stake in the Catcher oil field in the North Sea which produced its first oil volumes last December, after the reports that Hungarian oil and gas company MOL is planning to sell its 20 % stake in the […]

Energean to invest 50 million dollars in offshore field – Greece, 29 November 2016

Greek oil producer Energean Oil & Gas announced that it will invest to develop a proven offshore oil and gas field in western Greece, which would be the third field that the company operates in the country. Energean is currently operating two offshore oil fields in Prinos basin in northwestern Greece. The company aims to […]

Shell started test drillings at Shpirag-3 oilfield – Albania, 27 June 2016

The Albanian Ministry of Energy announced that Shell has started drilling an oil appraisal well at Shpirag-3 oilfield in central Albania, in which the company plans to invest more than 65 million euros. The statement from the Ministry further said that the drilling will last for more than a year due to extremely complex geological […]