VAALCO acquires Sasol's Gabon offshore assets
The deal increases the company's net revenue interest (NRI) production from 4850 to 9150 bpd based on current month production.
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The deal increases the company's net revenue interest (NRI) production from 4850 to 9150 bpd based on current month production.
The Johan Sverdrup field is increasing its daily production capacity, expecting to reach around 500 000 bpd by the end of the year.
Varel International Energy Services, a long-standing provider of drilling and downhole solutions, has announced its redefining vision for business growth.
Oil rose on Wednesday on vaccine and OPEC+ hopes, but the ground may be too shaky to support such gains.
Lease Sale 257, scheduled for March 2021, will be the eighth offshore sale under the 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program.
The Marlim Cluster comprises four production concessions located in the Campos Basin.
Wellgrab has secured Research Council of Norway funding to support the launch of its new fishing tool.
CGG will conduct merged reprocessing of surveys from many vintages, including towed-streamer and OBC seismic data from offshore Sabah and Sarawak, Malaysia.
Developed in collaboration with TechnipFMC, DNVGL-RP-A204: Qualification and assurance of digital twins sets a benchmark for the sector’s varying approaches to building and operating the technology.
The well was located within the Kobbe formation of the Polmak prospect.
Neptune Energy is lending its support to a range of social investment initiatives and will work with charitable organisations dedicated to providing mental health support and enhancing employment opportunities for younger people.
Oil prices rose today, supported by optimism about the coming OPEC+ meetings and by China’s recent crude processing data.