Murphy Oil exits Malaysia
The company has sold its Malaysian assets to a subsidiary of PTT Exploration and Production Public Company Ltd.
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The company has sold its Malaysian assets to a subsidiary of PTT Exploration and Production Public Company Ltd.
A total of 30 companies participated in Lease Sale 252, covering a 1.2 million acre area of federal waters in the Gulf of Mexico.
The company has announced that all parties to the previously announced Ruvuma farm-out agreement have agreed to an extension to the longstop date to 31 July 2019.
A ceremony was held in the Yamal-Nenets Autonomous Area to mark the launch of full-scale development of the Kharasaveyskoye field.
The work scope includes preparatory engineering work followed by system installation on five unmanned satellite platforms at the Tyra complex.
The contract for new facilities includes the full suite of EPCI services for six new offshore jackets as well as three associated topsides.
The company has announced that it has signed contract extensions for 12 of its vessels currently supporting the offshore operations of BP Exploration (Caspian Sea) Limited in Azerbaijan.
International oilfield services company, Expro, is pleased to announce the appointments of two key executive management roles.
Following a record five years of sustained production rates of over 97%, CGG Multi-Physics finished 2018 with a production rate for Marine GravMag of over 99% for the second year in a row.
The second edition of the EI’s ‘Guidance for corrosion management in oil and gas production and processing’ has been fully updated and significantly expanded with annexes detailing corrosion mechanisms and illustrative case studies.
A major UAE operator has recovered from stuck pipe by severing its drill string in just 2.5 hrs, reports Churchill Drilling Tools, a global oilfield service company specialising in drilling innovation.
This news comes despite projections of declining oil demand in the 2030s or even the late 2020s in some scenarios.