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Oil And Gas Updates: 13 February 2019

General

Oil prices jump on Saudi and OPEC cuts. Oil (WTI) Trades Above $54 on February 13, 2019

Australia

BP signs rig contract to drill 15 TCF Ironbark Prospect in WA-359-P offshore Western Australia

Congo

AAOG announces production plan for the TLP-103C well at its Tilapia site in the Republic of the Congo

Egypt

  • Shell, Eni, BP and Exxon among winners in Egypt's oil and gas exploration tender

  • Shell wins most blocks in Egypt oil and gas tender; Exxon makes debut

Gulf of Mexico

BHP approves funding for Atlantis Phase 3 project in the Gulf of Mexico and Trion field appraisal in Mexico

Italy

Italy suspends oil and gas operations for 18 months

Mexico

Rowan announces contract with Petronas Mexico for the Rowan Renaissance

Saudi Aramco

Saudi Aramco will expand into international oil and gas exploration

Uganda

Uganda expects first oil production to be delayed to 2022

United Kingdom

Cuadrilla refused planning permission for fracking at a second site in Lancashire