
Repsol and Ineos interested in ExxonMobil Gulf of Mexico oilfields
The assets could be worth as much as US$1.5 billion.
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The assets could be worth as much as US$1.5 billion.

The company's interest has been sold to the existing partners in the Block 5 exploration licence, subsidiaries of Murphy Oil Corporation, Wintershall Dea and Petronas.

Construction work has now started on the field’s second processing platform.

Construction of the company’s second well in the D41 offshore field in the Baltic Sea was completed earlier this month.

Craig Roberts will be based in the company’s Perth office, in Australia.

Fairfield Decom’s clients will have direct access to the expertise and assets of Decom Energy, Heerema Marine Contractors and AF Offshore Decom.

Data shows that marketed utilisation for some rig types in some regions are nearing 85-90%.

Eigen has rolled out a new safety barrier management solution for the Lundin operated Edvard Greig platform.

The presence of gas clouds has been used as an effective exploration tool in prolific basins worldwide, contributing to the discovery of significant amounts of oil.

The company recorded revenue of US$147.2 million and Adjusted EBITDA of US$49.4 million in 1Q19.

Talon now holds 100% interests in EnCounter’s exploration licences in the UK North Sea.

The contract entails engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field, offshore Rio de Janerio.