GlobalData’s analysis of fiscal and regulatory developments in Europe suggests that regular licensing...
- Fiscal incentives support North Sea upstream sector in 2018
- ExxonMobil pursues Ghana’s deepwater exploration acreage, while Hess seeks to exit the country
- Africa to offer numerous bid rounds in 2018 but some regulatory delays are expected
- Deepwater development: outlook for 2018
- Monthly Upstream Deals Review – December 2017
Fiscal incentives support North Sea upstream sector in 2018
GlobalData’s analysis of fiscal and regulatory developments in Europe suggests that regular licensing rounds continue in the UK and Norway.
ExxonMobil pursues Ghana’s deepwater exploration acreage, while Hess seeks to exit the country
GlobalData’s latest analysis of Ghana’s upstream oil and gas industry shows that the country currently has 21 licensed blocks, of which 14 are in the ultra-deepwater terrain, five are in shallow water, and two in deepwater.
Africa to offer numerous bid rounds in 2018 but some regulatory delays are expected
African countries will present a large number of licensing opportunities in 2018, though in many areas regulatory or legislative impediments may slow progress.
Woodside to buy ExxonMobil’s Scarborough gasfield stake, offshore WA
Woodside Petroleum has signed an agreement to acquire ExxonMobil’s stake in Scarborough gasfield in the Carnarvon Basin off the coast of Western Australia (WA).
Deals this week: Woodside Petroleum, Suncor Energy
Woodside Petroleum has agreed to acquire a 50% interest in block WA-1-R in the Carnarvon Basin offshore Western Australia from Esso Australia Resources for $744m.
Statoil awards $481.34m contract for Johan Castberg topsides
Statoil has awarded a Nkr3.8bn ($481.34m) contract for delivery of the topside modules for the floating production vessel (FPSO) on the Johan Castberg field in the Barents Sea to engineering and construction services company Kvaerner.
TAG Oil hits potential find at Puka permit in New Zealand
TAG Oil has indicated that a potential oil pay in a secondary target of its Pukatea-1 exploration well off the coast of New Zealand.
Oil prices continue to rise due to weak dollar and Saudi’s support for output cuts
Oil prices have increased by around 1% on the back of weakening dollar and decision announced by Saudi Arabia to cut output and strengthen its commitment to the OPEC's market stabilisation plan.
Deepwater development: outlook for 2018
Brazil’s pre-salt region is among the areas driving deepwater oil and gas development, while others struggle with costs and technical complexity. So, in a low oil price environment, are such projects viable? Julian Turner checks out the winners and losers in the high-stakes world of deepwater E&P.
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