Supreme Court of Yukon Approves Exxon-InterOil Transaction

The Supreme Court of Yukon has granted a final order approving ExxonMobil#s takeover of InterOil. The deal paves the way for the US major to run a bigger gas production and LNG export operation in Papua New Guinea.


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Partners Spend $1bn on Caucasus Line in 2016

Partners spent about $1bn developing the South Caucasus Pipeline Extension (SCPX), Caucasian part of Southern Gas Corridor (SGC) in 2016, BP said February 21.


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Delek Group Signs Leviathan Loan

Delek Drilling and Avner, the two entities controlled by Delek Group, signed February 20 loan agreements for up to $2.5bn with a consortium of more than 20 Israeli and international financial institutions.


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BP's Caspian Sea Output Hits Record

BP-operated gas projects in Azerbaijan’s offshore fields, including Shah Deniz Stage 1 (SD1) and Azeri-Chirag-Guneshli (ACG) produced 13.45bn m³ of commercial gas in 2016, or 71.


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Norwegian Jan Gas Output Beats Dec Forecast

Norway produced more gas in January than it forecast in December and more than it did in January 2016, data from offshore regulator Norwegian Petroleum Directorate show February 21.


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