Insight
Corporate week in brief: BP signs extension to the giant ACG project in Azerbaijan
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Report summary
Lead stories: BP signs extension to the giant ACG project in Azerbaijan. Macro: Brent breaks through US$55/bbl; Bahrain bond issue – what does it mean for investment in the Middle East? Companies: Shell to exit Iraq's Majnoon oil field; BP moves ahead with restructuring its US midstream business. Exploration: Total proves extension of the Zohr play into Cyprus. M&A: BP to hold a 50% stake in new Latin American integrated powerhouse; Premier reveals private equity-backed buyer for Wytch Farm in the UK; Chevron cores up in the Permian. Other: Seadrill files for chapter 11 bankruptcy protection.
Table of contents
- Macro: Brent, oil and gas shares, Middle East bond issue
- Lead story: BP
- Companies: Shell, BP
- Exploration: Total
- M&A: Pan American Energy/Axion merger, Premier, Chevron
- Other: Seadrill
Tables and charts
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BP's Upstream portfolio: strategic fit of regions and importance of AzerbaijanData Dashboard
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