Mexico: Pemex seeks to save up to US$1.35 billion by curbing E&P
Pemex seeks to save up to US$1.35 billion by curbing exploration and production activities.
Browse the latest drilling & production news and articles.
Pemex seeks to save up to US$1.35 billion by curbing exploration and production activities.
Esso says the project will help the Gippsland Basin Joint Venture maintain its ongoing supply of natural gas to Australia and continues production from the Gippsland Basin and Longford Plants.
The project is located in the eastern South China Sea, with an average water depth of about 98 m.
The M4 Inflow Control System technology incorporates an advanced pilot control system that is super sensitive to density, making it suitable for a wide range of oil types, including ultra-light, light, medium, and heavy oils.
CRC Evans has successfully completed its work scope to deliver a range of welding services to support First E&P’s Alpha Project located offshore Nigeria.
The MoU promotes developing new gas infrastructure for Elixir’s Taroom Trough gas resources.
The transaction is expected to close late in 4Q24.
This marks the first project in which OMMICA has delivered solutions to Saudi Arabia.
Perenco Colombia has announced the successful drilling of three new development wells on the Paravare and Chaparrito fields on the plains of Casanare, onshore Colombia.
At this rate, according to Reuters, Sinopec is on track to deliver a target set in 2022 to produce 500 000 t/y in 2025 at Jiyang, which is situated mostly in Shandong province and covers 1.8 million acres.
The platform can produce up to 100 000 bpd of oil in the Espírito Santo portion of the basin.
Baker Hughes said the companies will develop new AI-powered processes and workflows to achieve further optimisation in oil and gas production.