AFR: ExxonMobil abandons sale of Bass Strait assets
ExxonMobil has called off the potential multibillion-dollar sale of its oil and gas assets in Australia’s Bass Strait.
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ExxonMobil has called off the potential multibillion-dollar sale of its oil and gas assets in Australia’s Bass Strait.
Petrobras has cut its five-year investment plan by 27% from a year ago to US$55 billion.
The contract was awarded to BGP Inc., a subsidiary of China National Petroleum Company (CNPC).
To date, the storage tanks and inspection gantry have been installed at the Wressle oilfield in North Lincolnshire, UK, while work is advanced in respect of the electrical and control system installation.
Oil prices finally put a halt on their continuous rise, as traders focused again on the worsening short-term oil demand.
Genel Energy has announced first oil production from the Sarta field in Iraqi Kurdistan.
First images from the OBN Cornerstone 2020 multi-client survey are being made available in early 2021.
The company has secured a contract from a repeat customer for the fabrication and integration work on a FPSO.
Subsea testing solutions company Express Engineering has appointed six new apprentices.
The survey will take place over the Jubarte field in the Campos Basin.
Santos will now embark on a 12-18 month appraisal programme ahead of a final investment decision.
The centralised location for well data related to decommissioning is intended to raise awareness about suspended wells in the UKCS which await decommissioning.