Oil And Gas Updates: 13 December 2018


Oil prices steady as China-U.S. trade tensions ease. Oil (WTI) opens at $ 51.20


  • Total reduces its stake in Ichthys LNG: Reduces Total’s interest in the asset to 26 percent

  • ExxonMobil makes final investment decision to develop West Barracouta gas project

  • Western Gas selects McDermott and BHGE as development partner for Equus Gas Project in Australia


  • Aker Solutions, Kvaerner and Equinor celebrate start of fabrication for the second phase of the Johan Sverdrup development

  • Equinor drills dry well and minor oil discovery southwest of the Vega field - 35/10-4 S and 35/10-4 A


Thailand’s PTT Exploration and Production (PTTEP) wins bids for petroleum concessions in Gulf of Thailand

United Kingdom

Magseis awarded seismic contract in the North Sea

Equinor announces refinancing of the Dudgeon wind farm

United States

Elixir wins additional Alaskan acreage