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Europe upstream week in brief: Statoil sanctions giant Johan Castberg development

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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: Statoil sanctions giant Johan Castberg development; Maersk Oil sanctions Denmark's US$3.3 billion Tyra redevelopment; Good news for EnQuest as Magnus deal completes and production ramps up at flagship Kraken development; and Lundin Petroleum spuds final Barents exploration well of 2017 on Hurri prospect.

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    Europe upstream week in brief: Statoil sanctions giant Johan Castberg development

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Table of contents

    • Johan Castberg gets the go-ahead
    • Maersk Oil sanctions Denmark's US$3.3 billion Tyra redevelopment
    • Christmas comes early for EnQuest as Magnus deal completes and Kraken production ramps up
    • Lundin Petroleum spuds final Barents exploration well of 2017 on Hurri prospect
    • European backing for Romania's Ana and Doina project
    • Pandion Energy takes 10% in Valhall and Hod from Aker BP
    • Proposed export routes for Bulgaria
    • Read our recent analysis:
  • <span>Vital Statistics</span>

Tables and charts

This report includes 4 images and tables including:

Images

  • Danish production outlook
  • Cash flows from the Magnus field 2017-2025
  • Capital costs, cash flows and production from Magnus 2017-2025
  • Fact of the week

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