Oil And Gas Updates: 13 November 2018


General

  • Oil prices tumble anew, with record skid set to continue

  • Gas to overtake coal after oil as world's second largest energy source by 2030-IEA


Brazil

  • Eletrobras posts Q3 loss of $427 mln on provisions, write-offs

  • Petrobras announces start-up of P-75 in Buzios field pre-salt of the Santos Basin


Indonesia

  • Cue Energy to flow test Paus Biru-1 exploration well in the Sampang PSC, offshore Indonesia

  • Bass Oil acquires North Madura PSC to expand its Indonesian portfolio


Egypt

  • Eni sells 20 percent stake in the Nour North Sinai Offshore concession in Egypt to Mubadala Petroleum

  • Rockhopper provides update on Egypt operations


Ireland

FEL 3/04 partners approve acquisition of a well site survey over the Dunquin South prospect


Nigeria

Eland Oil & Gas confirms OML 40 licence renewal


Norway

  • Norway’s Sture oil export terminal was operating as normal on Tuesday despite the nearby sinking of a shipwrecked navy vessel, operator Equinor said

  • Aker BP given consent to drill exploration well 25/11-29 S in PL 916

  • Spirit Energy granted drilling permit for well 8/10-7 S in PL 405

  • TGS announces strategic collaboration for ocean bottom node projects in North Sea


Thailand

KrisEnergy commences G10/48 Thai drilling program


UAE

  • ADNOC signs Hail, Ghasha and Dalma Ultra-Sour Gas Concession with Italy’s Eni

  • Wood secures USD53 million of contracts supporting ADNOC Onshore


Ukraine

Cadogan Petroleum announces exit from shale gas project in Ukraine


United Kingdom

  • Corallian Energy provides update on timing for drilling the Wick and Colter wells

  • Jersey Oil & Gas provides update on drilling of the 'Verbier' appraisal well