The Norwegian Petroleum Directorate has granted permission to use the facility on the Tambar field in the North Sea until 1 January 2022 to coincide with the expiry of production licence 065.
Business news - 08 July 2016
Kenya Pipeline Corporation may invest in Eurobonds in order to finance the construction of its oil and gas pipeline projects.
Essar Projects has won a new pipeline replacement contract from Indian Oil Corporation for its Koyali-Sanganer pipeline.
Turkey must mend its relations with Cyprus before the Turkey-Israel natural gas pipeline will be allowed to cross through the Cypriot region.