Europe upstream week in brief: EnQuest to purchase remaining stake in Magnus from BP Report

Insight 11 September 2018

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Report summary

Welcome to the Europe upstream 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 Wellwatcher discusses the rationale for a new wave of UK operators planning to explore HP/HT prospects. Meanwhile, EnQuest has exercised an option to acquire the remaining stake in Magnus from BP; the APA 2018 Norwegian licensing round applications have been announced; and first oil at Total’s Tempa Rossa field in Italy has been delayed.

Wellwatcher
- A new wave of operators for UK HP/HT exploration
- Wellwatcheris a fortnightly column where we give you informed opinions on all things exploration, rounding up the latest wells, trends and what to expect in the coming months. Look out for ‘Dealhunter’ next week.
In other news
- EnQuest exercises Magnus option with BP
- APA 2018 — Barents interest at highest level in a decade
- First oil at Total’s Tempa Rossa delayed
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Vital statistics
- In this section, we provide you with key data metrics on activity in Europe.