Callon Petroleum to acquire Primexx's Delaware Basin assets
The cash and stock transaction is valued at approximately US$788 million.
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The cash and stock transaction is valued at approximately US$788 million.
The updated cost estimate for Woodside's Scarborough project is US$12 billion, approximately 5% higher than the previous cost estimate announced in November 2019.
The duration of the survey is approximately two months and will start in 3Q21.
Blythe is the second development well in IOG's Phase 1 North Sea project and is expected to take under three months to drill and complete.
In order to reduce emissions and minimise losses, oil and gas companies should adopt measures such as carbon pricing by altering processes across the value chain, says GlobalData.
Petrobras, TotalEnergies, Shell, CNOOC and CNPC have taken the investment decision for the fourth phase of the Mero project (Libra block) in the Santos Basin.
The 37 km electrically trace-heated pipe-in-pipe solution will transport oil from the Fenja field to the Njord A platform, operated by Equinor.
According to preliminary estimates the new find in the Cuenca Salina Sureste Basin may contain between 150 and 200 million boe in place.
The Liuhua 21-2 oilfield is is expected to reach its peak production of approximately 15 070 bpd in 2023.
PetroVietnam Technical Services Corp. has been contracted to provide EPCIC services for the Gallaf Batch 3 Project, the next development phase of the Al-Shaheen oilfield located offshore Qatar.
The 437 km2 survey will be acquired in the NOAKA area, between Oseberg and Alvheim in the Norwegian North Sea.
Seismic processing tenders have been issued and, following review, a contract will be awarded shortly.