Lead stories: sector looking ahead to a year of stabilisation, but also of opportunity.
Macro: Brent settles at US$55/bbl; oil and gas shares power back in 2016 but subdued start to the New Year.
Companies: BP closes in on ACG contract extension; 2017 budgets up 3% year-on-year; 29 companies pre-qualify for Iranian IPC awards.
Exploration: Eni, Total and ExxonMobil/Qatar Petroleum set to snap up exciting acreage in Cyprus; gas discovery in PNG provides a boost for the PNG LNG partners.
M&A: Total acquires more low breakeven Brazilian pre-salt assets; ONGC buys domestic gas-led growth; KKR-backed Venado Oil and Gas makes Eagle Ford acquisition.
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The Corporate Week In Brief report highlights the main corporate events from the past week, and draws out the key implications for those involved.
This report summarises the latest high profile company activity, and provides expert analysis on what it means for corporate strategy and positioning. It gives you an expert point of view to understand the latest industry trends that are shaping the oil and gas sector.
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Insight | Jan 2017
New year, renewed positivity, as companies look to adapt and grow: Corporate week in brief
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