Oil and Gas Industry Latest News

21.12.2012 Trans Adriatic Pipeline Plans Offshore Surveys in the Adriatic Sea

TAP plans to start offshore surveys in the Adriatic Sea this winter.  The goal is to collect additional data and samples to identify optimal offshore routing.

21.12.2012 Greece and TAP Begin Host Government Agreement Talks

The Trans Adriatic Pipeline (TAP) and the Greek government today formally initiated the process to conclude the Host Government Agreement that will govern the group’s investment.

21.12.2012 Bulgarian Ministry approves NABUCCO National Environmental Impact Assessment Report

Nabucco Gas Pipeline International GmbH has achieved another important milestone in Bulgaria.

21.12.2012 Baker Hughes Issues Outlook for the Fourth Quarter of 2012

Baker Hughes Incorporated provides the following update to North America and International operations for the fourth quarter of 2012:

21.12.2012 Statoil Makes Investment Decision on Mariner project

Statoil has made the investment decision to develop the Mariner oil field development in the UK North Sea. The project entails investments of more than USD 7 billion and is the largest new offshore development in the UK in more than a decade.

21.12.2012 Gazprom Announces Plans to Build Comprehensive Long-Term Investor Relations

The Board of Directors approved Gazprom's current shareholder and investor relations and tasked the Management Committee to take further steps for improving it.

21.12.2012 DNV and GL Announce Merger

An agreement has been signed to merge DNV and GL. The new entity will be called DNV GL Group.

21.12.2012 Gazprom and Hungary highlight strategic significance of South Stream

The Gazprom headquarters hosted December 20 a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Peter Szijjarto, Hungarian State Secretary for Foreign Affairs and External Economic Relations.

21.12.2012 Gazprom pushes ahead with South Stream

The Gazprom Board of Directors discussed progress of the South Stream project December 20.

21.12.2012 Alexey Miller and Almazbek Atambayev discuss Gazprom’s participation in privatization of Kyrgyz oil and gas facilities

The Gazprom headquarters hosted December 20 a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Almazbek Atambayev, President of the Kyrgyz Republic.