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Asia-Pacific upstream view - December 2014

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Report summary

December saw significant project deals start ups and approvals across the region. First gas was achieved at large projects in Australia (QCLNG) and China (Panyu/Liuhua) while steps were also taken towards the commercialisation of the Lengo field in Indonesia and Hess Equus resource offshore Australia. M&A included the US$5 billion sale of QCLNG s export pipe to APA and Repsol s US$13 billion move for Talisman. PTTEP also cut spending and BP dropped more Indian acreage.

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    Asia-Pacific upstream view - December 2014

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