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Europe upstream week in brief: Shell and ExxonMobil boost UK sector with Penguins FID

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Report summary

Welcome to the Europe week in brief where we bring you quick, responsive opinion and analysis on all that's going on in European oil and gas. This week includes: Shell has taken FID on its Penguins redevelopment project in the UK; Aker BP has outlined some ambitious growth plans at its Corporate Markets Day; and for the first time, field partners at the giant Groningen gas field in the Netherlands have endorsed further production caps following increased seismic activity in the region.

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Table of contents

    • Shell sanctions Penguins redevelopment
    • Aker BP outlines ambitious growth plans at its Capital Markets Day
    • Future production from Groningen lies on shaky ground
    • Exploration news from Albania, Cyprus and Bulgaria
    • Lundin's Hurri well comes up dry
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