Western EuropeHouston. Shell UK and Esso Exploration and Production UK want to dispose of their interests in the Corvette gas field in the UK southern North Sea, according to brokers Indigo Pool, a division of Schlumberger.
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Western Europe
Wood Group enters into contract with BP for Andrew development project
London. Wood Group, an energy services company, has entered into a contract with BP Operating Company to provide topside engineering and project management services for BP's Andrew area development project in the central North Sea.
BP to raise USD363m from Malaysian sales
London. BP is selling its stakes in two Malaysian petrochemical production businesses to Malaysia's Petronas for $363m (£235m) to help raise money to pay for the Gulf of Mexico oil spill.
Turkey to Connect with the European Grid, Expanding Energy and Economic Opportunities
Atlanta. Turkey will connect to the European electrical grid this September using GE’s (NYSE: GE) smart grid technology. The connection will allow for expanded energy and economic opportunities. The Turkish Electricity Transmission Company (TEIAS) will now be able to buy and sell power in the European electricity market and the connection will strengthen the reliability and availability of energy throughout all of Europe.
European Commission to probe Russia-Poland gas deal
Brussels. The European Commission will study a Russian-Polish gas deal to make sure it complies with European Union legislation, European Commission President Jose Manuel Barroso said on Wednesday following a meeting with Poland's President Bronislaw Komorowski.
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