Euroil Week 03 2020
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Issue 525 23•January•2020 Week 03
Bargain North Sea deals
The North Sea is set to remain a hot spot for M&A activity this year, with the large number of buyers driving down asset costs.
Nine-year high
Norwegian oil production surged to a nine-year high in December on the back of growth at the Johan Sverdrup field.
RockRose loses Brae
RockRose Energy has ceded operatorship of the Brae area in the UK North Sea to its Abu Dhabi-based partner TAQA following a court ruling.
Extra Saudi supplies
Poland’s top refiner PKN Orlen wants to up supplies of oil from Saudi Arabia, as it continues to cut down on Russian purchases.
