Zenith Energy relinquishes Azerbaijan work to SOCAR
The company will handover its Contract Rehabilitation Area (CRA) in Azerbaijan, currently producing 180 bpd, to SOCAR.
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The company will handover its Contract Rehabilitation Area (CRA) in Azerbaijan, currently producing 180 bpd, to SOCAR.
Tenaris will present the latest additions to its wedge technology portfolio at IADC/SPE Drilling Conference and Exhibition.
Subsea technology and services company, Cortez Subsea, has achieved success in the global inspection market due to its 3D technology.
InterMoor recently transported and installed a new electric submersible pump (ESP) system as part of the MaMPU-1 floating production storage and offloading (FPSO) facility upgrade for a wellhead platform project in Malaysia.
The co-created roadmap will enable the conversion of prior agreed concessions into production sharing agreements under the provisions of the country's Petroleum Law.
The company has been awarded contracts by ConocoPhillips Australia Barossa and Murphy Exploration and Production for work at the Barossa project and at the Samurai, Khaleesi, and Mormont developments respectively.
The execution of the contract extension will enable Frontera to undertake a workover and well service programme which is expected to return production levels at Block 192 near 8500 bpd in the coming weeks.
The contract has an estimated duration of 21 days and is expected to commence in March 2020, in direct continuation of the rig’s current contract.
An Ampelmann E-type system was mobilised on the Normand Installer vessel, to allow personnel to easily access the Liza Destiny FPSO.
The company is to farm-out a 24.5% working interest in its Thali licence in Cameroon to OilLR.
The sale of non-core assets is part of a attempt by the government of Angola to privatise key state assets including parts of Sonangol itself by 2022.
The onshore acquisition currently produces at a rate of approximately 700 bpd, generating gross annual revenues of approximately US$15 million.