Eastern Europe

News
May 22, 2019
Ascent Resources plc, the European focused oil and gas exploration and production company is pleased to announce that it has signed a contract for the purchase of a mobile compressor unit for use at its Petišovci project in Slovenia.

News
April 10, 2019
The Board of Ascent is pleased to announce that our JV partners have been informed by the Slovenian Environment Agency (ARSO) that it has again approved the permit application (IPPC) for the installation of a processing plant at Petišovci, that the Company and its Slovenian partners originally submitted in June 2014, subject to any further appeal.
Article
March 2019
During a recent industry conference in Houston, Croatian Hydrocarbon Agency President Marijan Krpan sat down with World Oil and discussed what his country is doing to improve production, including two new bidding rounds.

News
February 22, 2019
During the recent North American Prospect Expo (NAPE) held in Houston, the president of the Croatian Hydrocarbon Agency (CHA), Marijan Krpan, visited with World Oil about the steps his government is taking, to improve the country’s oil and gas production. Key among these are two new licensing rounds, one to close in June 2019, and the other to finish in September 2019.
Article
February 2019
Russia’s development and the disconnect between oil prices and exchange rates
News
December 06, 2018
Ice-class passenger ferry Suomenlinna II was remotely piloted through test area near Helsinki harbor, proving that human oversight of vessels from anywhere is achievable with today’s technologies.
News
November 19, 2018
The Slovak Republic has made significant progress on several fronts of energy policy, and together with its neighbors and with the support of the European Union, has strengthened cross-border connections for natural gas, oil and electricity.
News
November 07, 2018
Croatia has launched the country’s second onshore license round offering seven onshore blocks all located in Croatia’s prolific Pannonian basin. This is the second of three planned onshore license rounds.
News
September 17, 2018
Prospex Oil and Gas Plc, the AIM quoted investment company, has announced that it has been advised by the operator, Raffles Energy S.R.L., that first gas production has commenced from Bainet gas field in the Exploration Area of the EIV-1 Suceava Concession, northeastern Romania.
News
September 12, 2018
After supplying Europe’s biggest economy with natural gas for more than four decades, Norway is preparing to defend its share as the world’s biggest producers all vie for a larger slice of the $21-billion market.
News
August 30, 2018
Canada is finding new customers for its Newfoundland oil.
News
June 22, 2018
Eni and INA-INDUSTRIJA NAFTE, d.d. have signed an agreement to enable INA-INDUSTRIJA NAFTE, d.d. to acquire 100% of Eni Croatia b.v., that currently produces about 2,500 boed.
News
June 12, 2018
Serinus Energy announced drilling at its Moftinu 1007 well has concluded, achieving a TD of 1,463 m.
News
April 25, 2018
Achimgaz, a German-Russian joint venture of Wintershall and Gazprom, has achieved a new milestone, with total production reaching 30 Bcm of natural gas. In the same period the company has produced more than 13 million tons of gas condensate, to date.
News
April 25, 2018
Are Berlin’s close energy ties with Moscow paying off?
News
April 19, 2018
Frontera Resources set casing based on commercial hydrocarbon shows at its Dino-2 well in the Republic of Georgia, eastern Europe.
News
April 19, 2018
One of Russia’s European neighbors is fully embracing U.S. liquefied natural gas.
News
February 19, 2018
German Chancellor Angela Merkel threw her country’s weight behind the Nord Stream 2 gas pipeline from Russia, boosting the chances that the controversial link will become reality.
News
February 08, 2018
Russia’s oldest natural gas buyer is ready to break up after more than 74 years.
News
January 24, 2018
Gulf Quest LLC has announced that Total’s Benoit Ludot, V.P. of deep water and subsea, upstream, will deliver a keynote presentation at the Marine Construction Engineering Deepwater Development (MCEDD) conference on April 10, 2018 in Milan, Italy.
News
December 05, 2017
Petrofac’s Training Services business and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed a Shareholders Agreement to form a Joint Venture (JV) for the pursuit of training opportunities across the country’s oil & gas and petrochemical industries.