Oil And Gas Updates: 03 December 2018


Oil surges 5 percent on trade truce, expected supply cuts. Oil (WTI) Opens at $52.45 on Monday Dec 03, 2018


Santos announces Bayu Undan infill program completed under budget and ahead of schedule


Four Libyan oil export ports reopen after closures for bad weather


  • Aker BP completes acquisition of licence portfolio from Total

  • Wellesley Petroleum receives consent to drill exploration wells 35/4-U-1 and 35/4-2


Qatar to leave OPEC starting January and focus on gas as it takes swipe at Riyadh


Black Sea Oil & Gas awards EPCIC contract for the MGD Project to GSP Offshore

United Kingdom

  • Petrofac awarded North Sea contract extension by TAQA

  • EnQuest completes Magnus oil field transaction

  • Reabold Resources announces completion of investment in Rathlin Energy (UK)

  • Union Jack Oil completes farm-in to PEDL183 containing the significant West Newton gas discovery