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The transaction includes the transfer of approximately 450 000 net leasehold acres across Pennsylvania, with approximately 350 producing Marcellus and Utica wells in Tioga County and associated facilities.
The country's Ministry of Mines and Hydrocarbons has signed a Ministerial Order granting oil and gas companies a two-year extension on their exploration programmes.
Rystad Energy estimates that the downcycle in the upstream industry will remove about 6 million bpd from production forecasts for 2025.
The two companies, part of the Acteon Group, will support piling operations for a platform installation off the coast of Trinidad and Tobago.
The contract was awarded by an unnamed oil and gas producer for the inspection of a subsea pipeline at an offshore oil and gas field in Malaysia.
The Ehecatl-1 exploration well on Block 7, located in the Sureste Basin offshore Mexico, did not find reservoired hydrocarbons.
Total’s net adjusted profit fell 35% from 4Q19 to US$1.78 billion.
The contracts are for operations outside the North Sea with undisclosed clients.
The project's crew is now demobilising to the North Sea for work in late 2Q20.
The plug and abandonment programme on the Rubie and Renee fields in the North Sea has been delayed until 25 May 2020.
Oil prices fell on Monday, despite the OPEC+ cuts.
A joint venture, including PTTEP, Petronas, Repsol and Wintershall Dea, made the discoveries in the Salina Basin.