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Drilling & production - 10 October 2011

Sinopec to buy Daylight Energy

Sinopec has agreed to buy Daylight Energy, the intermediate oil an gas company, for C$ 2.1 billion, the deal will give Sinopec access to over 300,000 acres of land rich in oil and shale gas reserves.

 

Wintershall restarts Libya oil production

Wintershall has restarted production from the offshore oil field Al Jurf in Libya and has reportedly restarting production at some if its onshore oil fields too after it flew in a skeleton crew of 20 to the south eastern desert to restart the fields.