Europe upstream week in brief: Aker BP acquires Hess Norway Report

Insight 24 October 2017

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Report summary

This is our latest week in brief where we give you quick, responsive opinion and analysis on all that is going on in European oil and gas. This week includes Aker BP's acquisition of Hess Norway and the sale of Shell's stake in Polarled to CapeOmega in Norway. In the UK, Chevron takes FID on Captain EOR, Premier gives an update on the Greater Catcher Area development and RockRose Energy acquires Idemitsu Petroleum UK.

What you need to know
- Aker BP buys Hess Norway for US$2 billion
- Chevron sanctions Captain Enhanced Oil Recovery (EOR)
In other news
- Shell sells its stake in Polarled to HitecVision-backed CapeOmega
- Premier announces the arrival of Catcher FPSO
- RockRose acquires mature Idemitsu UK portfolio
- Shell makes plans for Fram
- Valeura Energy and Statoil continue exploring for shale gas in Turkey
- Total completes farm-in to Irish licence
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