Statoil to acquire stake in licence in Santos Basin
Statoil has signed an agreement with Petrobras to acquire a 66% stake in the BM-S-8 offshore licence in Brazil’s Santos Basin for $2.5 billion.
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New Tangguh train to boost small-scale market
A third train at BP’s Tangguh LNG plant will help establish a small-scale sector in Indonesia as three-quarters of the offtake has been bought by PLN.
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- Statoil to acquire stake in licence in Santos Basin
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Gloomy Q2 results expected for oil and gas majors
The release of Q2 results by major oil and gas companies will offer insight into how they are coping with the current low price environment.
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