HOME SIGNUP FOR FREE NEWS UPDATES NEWS ARCHIVES


Oil And Gas Updates: 09 January 2019


General

Oil WTI hit $50, due to more stable equity markets and OPEC production cuts.


Canada

Canada's Husky Energy considering sale of non-core downstream assets


Curacao

Curacao’s 335,000-barrel-per-day (bpd) Isla refinery resumes work after eight-month stoppage


Indonesia

  • PGS to map North Sumatra in 3D multiclient survey

  • Pertamina to operate Maratua Block investing USD7.75 million


Norway

  • DNO secures control of Faroe Petroleum after raising hostile bid to GBP641.7 million

  • PGS signs vessel sale agreement for Ramform Sterling: sales price is approx. USD100 million

  • Spirit Energy's 8/10-7 S north of the Oda field in the North Sea disappoints


United Kingdom

  • Oil exploration in North Sea 'to bounce back' in coming year - Wood Mackenzie

  • President Energy beats year-end 2018 net Group production target of 3,000 boepd


United States

  • BP plans for significant growth in deepwater Gulf of Mexico

  • Danos secures contract with Equinor in Gulf of Mexico

  • BP unlocks a billion oil barrels in Gulf of Mexico with new technology