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Corporate week in brief: Statoil transforms its Brazilian deepwater portfolio with IOR-led deal
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Report summary
Lead stories: Statoil leverages IOR expertise in a deal of up to US$2.9 billion with Petrobras. Macro: oil prices up on Forties pipeline outage; US companies underperform again in a mixed week for oil and gas stocks; Wood Mackenzie upgrades 2018 Brent forecast. Companies: BP returns to solar; Saudi Aramco ups ten-year budget; Petrobras raises more cash. M&A: Oasis enters the Permian. Exploration: ExxonMobil hits oil in Equatorial Guinea; Eni upgrades Mexico resource estimates; Kosmos drills a duster – what does this mean for exploration in Mauritania?
Table of contents
- Macro: oil prices, oil and gas shares
- Lead story: Statoil expands in Brazil
- Companies: BP returns to solar, Saudi Aramco, Cenovus, Petrobras
- Exploration: Eni, Kosmos, ExxonMobil
- M&A: Oasis
Tables and charts
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Global upstream capex by theme, 2017 vs 2018Data dashboard
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