Hess to focus on Guyana and the Bakken during 2020
Over 80% of the company's 2020 Exploration & Production capital and exploratory budget will be allocated to high return investments in Guyana and the Bakken.
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Over 80% of the company's 2020 Exploration & Production capital and exploratory budget will be allocated to high return investments in Guyana and the Bakken.
The licensing round comprises twelve blocks on offer in the Mauritania, Senegal, Gambia, Guinea-Bissau and Guinea Conakry (MSGBC) Basin, offshore Senegal.
The oil and gas industry is facing a period of renewed challenge and change, a balance between traditional focus and emerging sustainable energy solutions according to the chair of ENGenious 2020, the sister event to SPE Offshore Europe.
An oil and gas sector logistics expert has called on the government to be more open with businesses about its objectives for the forthcoming talks concerning Britain’s post-Brexit trading relationship with the EU.
The fourth annual Global Energy Talent Index reveals that oil and gas professionals are concerned at a perceived lack of investment in their training and development.
The Trion field encompasses an area located in the Perdido belt at a water depth of approximately 2570 m.
Lundin Petroleum's Board is also proposing to change the name of the company to Lundin Energy AB.
The OYF-2 well in Morocco has been drilled to a measured depth of 1210 m and has encountered commercial quantities of gas in excess of pre-drill estimates.
The drilling operation by the Stena Forth drillship is estimated to take 30 days and shall drill to approximately 3000 m subsea.
The company has also made a further oil discovery northeast of the producing Liza field in the Stabroek Block.
Equipped with cutting-edge technology, the new laboratory has a wide selection of testing regimes and modern methods of crude oil analysis and performance testing.
The Sharjah National Oil Corporation (SNOC) and its partner Eni, have announced a successful new discovery of natural gas and condensate onshore in Sharjah.