Europe Oil & Gas Views

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Policy Change Key To Stem Decline

The Norwegian oil and gas sector is seeing challenges from rising costs and the scaling back of investment, which could force the delay of some projects as higher margin developments are prioritised...

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Faroe Hits Target At Pil Prospect

UK-based oil and gas company Faroe Petroleum has encountered around 135 metres (m) of oil and 91m of gas pay from the Pil exploration well 6406/12-3S at its Draugen oil field on licence PL 586 in the...

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JOGMEC Targeted For GTL Investment

Uzbekistan hopes to attract Japan Oil Gas and Metals National Corporation (JOGMEC) for the construction of a GTL-plant for production of synthetic fuel in the country's Kashkadarya province.

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