http://www.worldoil.com WorldOil Is there a bottom for Europe’s plunging natural gas market? https://www.worldoil.com/news/2020/2/14/is-there-a-bottom-for-europe-s-plunging-natural-gas-market The global glut of the fuel has seen prices plunge in the U.S., Europe and Asia as a wave of liquefied natural gas hits the market. Associated gas from oil fields in North America also boosted supplies at a time when demand growth is under threat from a slowing global economy and the coronavirus. Exxon looks to divest UK, German upstream assets https://www.worldoil.com/news/2020/1/23/exxon-looks-to-divest-uk-german-upstream-assets Exxon Mobil plans to start gauging buyer interest in its UK and German upstream operations in the coming weeks as the oil major continues to divest overseas assets, people with knowledge of the matter said. KCA Deutag secures $460m of land drilling contracts in the Middle East, Africa and Europe https://www.worldoil.com/news/2019/11/18/kca-deutag-secures-460m-of-land-drilling-contracts-in-the-middle-east-africa-and-europe Global drilling and engineering contractor KCA Deutag announced that its land drilling operation has won new contracts worth approximately $460m in the Middle East, Africa and Europe. Jersey Oil and Gas details Buchan’s "significant" resources https://www.worldoil.com/news/2019/10/8/jersey-oil-and-gas-details-buchan-s-significant-resources Jersey Oil and Gas PLC has revealed the findings of a new independent evaluation of its recently acquired Greater Buchan Area project in the North Sea. EU’s lending arm to phase out funding of fossil fuels https://www.worldoil.com/news/2019/7/26/eu-s-lending-arm-to-phase-out-funding-of-fossil-fuels The European Investment Bank plans to stop funding fossil fuels starting in 2021 as Europe steps up the fight against climate change, according to a draft of the EIB’s new energy strategy. Aker BP completes drilling of wildcat northeast of the North Sea's Alvheim field https://www.worldoil.com/news/2019/7/23/aker-bp-completes-drilling-of-wildcat-northeast-of-the-north-seas-alvheim-field Aker BP ASA, operator of production license 442, has completed the drilling of wildcat well 25/2-21 (Liatårnet). New CEO appointed at EnerMech https://www.worldoil.com/news/2019/7/17/new-ceo-appointed-at-enermech EnerMech, the Aberdeen-headquartered provider of specialist services to the energy and infrastructure sectors, has today announced that John Guy has been appointed as CEO, succeeding company founder Doug Duguid, who will assume the role of deputy chairman. Improved reservoir recovery anticipated for Norway’s Gudrun field with new investment https://www.worldoil.com/news/2019/7/16/improved-reservoir-recovery-anticipated-for-norway-s-gudrun-field-with-new-investment The Gudrun partners have decided to invest in a water injection plant on the Gudrun field to improve reservoir recovery. This will extend the field life by three years compared to the original plan. Equinor drills dry Norwegian well west of Johan Sverdrup https://www.worldoil.com/news/2019/7/16/equinor-drills-dry-norwegian-well-west-of-johan-sverdrup Equinor Energy AS, operator of production licence 502, has completed the drilling of wildcat well 16/5-7. Decommissioning in Shetland expands with the arrival of more North Sea structures https://www.worldoil.com/news/2019/7/15/decommissioning-in-shetland-expands-with-the-arrival-of-more-north-sea-structures The Dales Voe decommissioning facility in Shetland is one step closer to becoming a center of excellence for recycling offshore structures from the North Sea with the arrival of two new installations for decommissioning by strategic partners Veolia and Peterson.