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The operation is highly complex and involves a range of environmental, geopolitical, financial, and humanitarian risks, according to the UNDP.

Union Jack Oil has acquired a 3.22 percent interest in Beacon Energy.

Union Jack will review planning conditions before making plans for progressing operations.

'A revised pay offer by the company was overwhelmingly accepted'.

Unite the union revealed that strike action for over 100 offshore drillers employed by Odfjell Technology (UK) Ltd on Equinor's Mariner platform has been called off.

'Workers at Repsol Resources will have their jobs enhanced through collective bargaining'.

Total and Exxon dominate oil refining in France.

The German authorities and Uniper have agreed to begin the construction of the first terminal for liquefied natural gas in the country.

United Oil and Gas will also let its interest in License P2519, containing the Maria discovery, expire on November 30.

United Oil & Gas posted $6.4 million in revenue for the first two quarters.