Oil And Gas Updates: 11 December 2018


General

Output Cuts To Balance Oil Markets In 2019. WTI Crude opens at $50.89


Angola

Eni announces start-up of the Vandumbu field in Block 15/06, offshore Angola


Australia

Jadestone Energy reports progress on Montara shutdown work


Brazil

  • Spectrum acquiring new Potiguar Basin multi-client 3D survey

  • Brazil environment regulator denies Total permit to drill Amazon basin


Georgia

Block Energy signs agreement for multi-well workover programme in Georgia


Norway

Equinor granted drilling permit for well 36/1-3 in PL 885


Oman

Shearwater GeoServices awarded projects equivalent to 8 vessel months in the Arabian Sea


Romania

ADX Energy announces funding options for Parta appraisal drilling onshore Romania


United Kingdom

Verus Petroleum moves to next phase of ambotious growth plan as production rises 12-fold through driiling and acquisitions