The latest analytical report from Global Data, ‘Q4 2018 Global FPSO Industry Outlook...
Azinor Catalyst receives interest for stake in planned UK wells
Exploration and production company Azinor Catalyst has received a letter of intent (LOI) from unidentified parties for the acquisition of material interests in three exploration wells planned for 2019 on three of its UK North Sea prospects.
Greater Western Flank Phase 2, North West Shelf
The Greater Western Flank Phase 2 development, located off the north-west coast of Western Australia, is the fourth major gas development for the North West Shelf project in the past seven years.
Egypt approves Mubadala an BP deals for stake in Nour block
The Egyptian Government has approved the sale of 45% interest in Eni’s Nour North Sinai Offshore concession in the Eastern Mediterranean to Mubadala Petroleum and BP.
Qatar Petroleum to buy 10% stake in ExxonMobil blocks in Mozambique
Qatar Petroleum has reached an agreement with an ExxonMobil affiliate to purchase a 10% participating interest in three offshore exploration blocks located in Mozambique’s Angoche and Zambezi basins.
Mexican President announces three-year moratorium on oil block auctions
Mexico’s new President Andres Manuel Lopez Obrador has announced that the government will not offer any new oil blocks for the next three years, while assuring that existing contracts would not be cancelled.
Faroe, Equinor sign deal to swap Norwegian oil and gas assets
British firm Faroe Petroleum has signed an agreement to swap its oil and gas assets in Norwegian Sea and the North Sea region of the Norwegian Continental Shelf (NCS) with Equinor.
South America tops global planned FPSO deployments
The latest analytical report from Global Data, ‘Q4 2018 Global FPSO Industry Outlook – South America and Africa Continue to Lead Global Planned FPSO Deployments’ suggests that a total of 71 planned and announced floating production, storage, and offloading units (FPSOs) are expected to start operations globally by 2025
Indonesia leads spending on new-build projects in Southeast Asia
GlobalData’s latest report, Q4 2018 Quarterly Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Southeast Asia – Indonesia has Highest Capex on New-Build Projects, indicates that a total of 49 crude and natural gas projects are expected to start operations in five countries in Southeast Asia during 2018–2025.
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