Oil And Gas Updates: 19 December 2018


Oil prices tumbled more than 7 percent on Tuesday, falling to their lowest levels in more than a year. Oil (WTI) opens at $45.93, Wednesday Dec 19, 2018.


Pilot Energy terminates sale of WA-503-P to Black Swan Resources


CNOOC signs Strategic Cooperation Agreements with 9 international oil companies


Eni announces Merakes East gas discovery in the Indonesian offshore


  • Equinor granted drilling permit for well 7132/2-2 in PL 857

  • Processing topside ready for Johan Sverdrup


ADNOC awards Austria’s OMV 5 percent stake in Ghasha offshore ultra-sour gas concession

United Kingdom

  • Angus Energy commences commercial flow test programme at the Brockham oil field

  • Ikon Science acquires Perigon Solutions

  • InfraStrata applies for additional licence for its Islandmagee gas storage project

  • Petrofac awarded Ithaca construction and commissioning contract

  • DOF Subsea awarded three new North Sea contracts

United States

Reabold Resources spuds VG-4 well, West Brentwood Licence, California