Echo Energy provides operational update on Argentinian operations
The operations are at the company's Fracción C, Fracción D and Laguna Los Capones assets, onshore Argentina, operated by Compañía General de Combustibles S.A. (‘CGC’).
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The operations are at the company's Fracción C, Fracción D and Laguna Los Capones assets, onshore Argentina, operated by Compañía General de Combustibles S.A. (‘CGC’).
A report from ESAI Energy claims that the loss of Iranian exports will be offset by greater crude production from the US, Brazil, UK, Russia and the Arab Gulf in 2019.
The current operator of the exploration site in West Sussex has safely finished a seven day well test of the horizontal well there.
As a globally renowned expert, Pieper’s appointment will consolidate the organisation’s multiphase testing and research capability.
The company has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS).
Cia Brasileira de Offshore has contracted PG Flow Solutions to supply liquid mud agitators for two of the shipowner’s offshore supply vessels.
Revenue was up on 2016 by 23% at £278 million, with profit of £0.8 million, down £0.2 million on 2016.
The contract is extended through October 2021 and includes a blend and extend modification to the previous contract dayrate, effective September 2018.
The company is excited for its anticipated delivery of its high quality heavy crude oil into the market.
The company has announced that the Ocean Rig Poseidon, a sixth generation deepwater drillship, has commenced its mobilisation.
The company has announced that the Mexican oil & gas regulator, the National Hydrocarbons Commission, has approved the appraisal plan for the Zama discovery.
The well was drilled about 105 km west of the 7324/8-1 (Wisting) oil discovery in the Barents Sea and about 350 km northwest of Hammerfest.