Onshore MarketReports

ExxonMobil announced that it has completed an agreement to purchase half of Statoil’s interest in the BM-S-8 block offshore Brazil, which contains part of the pre-salt Carcara oil field. The Carcara field contains an estimated recoverable resource of 2 billion barrels of high-quality oil. The block is located approximately 200…
Kosmos Energy will acquire the assets from Hess; existing investors Tullow Oil and GEPetrol will enter partnership with the new operator US oil company Hess Corporation will give up its 85-percent stake in the producing Ceiba and Okume oilfields offshore Rio Muni, Equatorial Guinea. Kosmos Energy will acquire the assets…
Petrochemical Update released a detailed new whitepaper today, the US Polyethylene Export Market Report 2017-2020 – a large 60+ page report detailing the fast-changing US polyethylene market with in-depth market analysis, charts and leading insight and predictions. To download the full, 60-page complimentary market report, simply visit http://1.petchem-update.com/LP=16876 The increased…
BP and PTT Public Limited Company (PTT) entered into a sales and purchase agreement for liquefied natural gas (LNG). Under the agreement, BP will provide PTT with approximately 1 million tonnes of LNG per annum. The term of the agreement is 20 years. LNG supply will commence in 2017 and…
Glencore and QIA have concluded various agreements which provide for the establishment of a 50:50 consortium (the Consortium). The Consortium has entered into agreements in connection with the further privatisation of Rosneft whereby the Consortium will acquire from Rostneftegaz a 19.5% interest in the issued share capital of Rosneft (the…
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