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Banks working on an initial public offering of ADNOC Drilling are scheduling calls with a local, regional and international institutional investors to sound out appetite for the potential sale, according to unnamed sources.
The transaction is part of OMV Petrom’s strategy to focus its regional expansion towards the Black Sea area.
The MoU also includes possible cooperation within greenhouse gas emissions and carbon management.
Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship.
The El Bibane and Robbana concessions are located in Tunisia.
Shaun Brady, Wood Mackenzie, has said Australia's latest Budget demonstrates the government's commitment to a gas-fired recovery.
Total has added the drilling of one additional appraisal well in Suriname’s Block 58 to the work scope of the semi-submersible rig Mærsk Developer.
The agreement will enable customers to combine Schlumberger surface and downhole drilling automation solutions with NOV’s rig automation platform.
DeepWell is a Norwegian well intervention company focused on high-tech based wireline services.
The tender involves ERIELL Group carrying out workovers and side-tracking works at the bottom of the Aral Sea.
Chevron is right in holding back in capital spending to boost production as its current priority remains in creating a strong balance sheet and generating free cash flow, says GlobalData.
The Liuhua 29-2 gas field is expected to reach a peak production of approximately 41 million ft3/d of natural gas in 2021.