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18 Mar 18
US: Mosman Oil and Gas increases its interest in the Arkoma Stacked Pay Project to 27 per cent
Mosman Oil and Gas has advised that relevant payments have been made by Mosman and Blackstone Oil and Gas and Mosman's interest in the Arkoma Stacked Pay Project in Oklahoma has increased to 27%.
18 Mar 18
Norway: COSLProspector arrives in the North Sea
COSLProspector, COSL Drilling Europe’s newest and largest drilling rig, arrived at CCB outside of Bergen on March 17. The rig is customized for drilling operations in the Barents Sea and will be prepared at CCB in March and April for possible operations in the Norwegian and UK Sector.
16 Mar 18
Egypt: BP seeking buyers for stake in Egyptian business
BP is reported to be seeking buyers for its stake in Gulf of Suez Oil Company (GUPCO), a joint venture with the Egyptian General Petroleum Corporation (EGPC) that was set up in the 1960s, as it focuses on newer deepwater gas fields off the country’s Mediterranean coast.
15 Mar 18
New Zealand: OMV acquires Shell’s upstream business in New Zealand
OMV has agreed to acquire Shell’s Upstream business in New Zealand comprising joint venture interests in Pohokura, the largest gas producing field in New Zealand, and Maui as well as related infrastructure for production, storage and transportation. The purchase price is USD 578 million.

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