Keppel delivers jack-up rig to Borr Drilling
Hild is the sixth jack-up rig that Keppel has delivered to Borr Drilling.
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Hild is the sixth jack-up rig that Keppel has delivered to Borr Drilling.
Eni's adjusted operating profit for the quarter was €1.31 billion, down by €1 billion, or by 44%, compared to 1Q19.
The company is reducing its 2020 CAPEX and cold-stacking two vessels in 2Q20.
Well 6507/8-10 S, 10 km east of the Heidrun field, will be permanently plugged and abandoned.
The company expects that the Sobhi well, onshore Nile Delta in Egypt, will be tied in during 2021.
Rystad estimates that the total number of started frac operations will end up below 300 wells in April 2020.
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has commented on today's developments.
Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinopec Resources UK.
An initial AUS$200 million investment to help commercialise the closest gas field to Victoria's eastern coastline is being considered by Australian Gas Infrastructure Group (AGIG).
The company recorded a loss of €269 million in 1Q20 and withdrawn guidance for 2020.
Aker BP and PGNiG have started production from the second development stage (phase two) on the Ærfugl field in the Norwegian Sea.
The company is delaying final investment decisions (FIDs) on the Jackdaw natural gas field in the North Sea and the Whale deepwater oil discovery in the Gulf of Mexico.