Panoro Energy farms into South Africa exploration licence
The company is to acquire a 12.5% interest in Block 2B located in the Orange Basin.
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The company is to acquire a 12.5% interest in Block 2B located in the Orange Basin.
Wintershall Dea Norge AS is in the process of concluding the drilling of appraisal well 6604/5-2 S, located about 113 km southwest of the Aasta Hansteen field.
The company is seeking to commence drilling operations in the Tilapia oilfield during April 2020.
The overall site, which is being developed by Saudi Aramco, is expected to be the largest maritime industries complex in the Kingdom and the Middle East region in terms of production, capacity and scale.
The contracts are for the fabrication of some units of topside modules for a FPSO vessel, pipe racks and skids.
The company has completed consecutive as-built and post-construction, anchor-debris-clearance surveys using remotely operated vehicles (ROV) for McDermott International.
Azinam will become the operator and 50% licence holder in Block 2B offshore South Africa, which contains the A-J1 oil discovery.
The field development plan for the Nam Du and U Minh gas fields, offshore southwest Vietnam, is in the final stages of the formal Vietnamese Government approval process.
Equinor has concluded that the project’s potential is not commercially competitive.
The contract is expected to start in April 2020.
The scope of work entailed engineering and FEM calculations to prepare Jumbo’s ‘Fairplayer’ – a DP 2 heavy lift crane vessel – for an FPSO installation job offshore Brazil.
ADM will acquire 25% of the interests, rights and obligations held by EER (Colubus) Nigeria in OML 113.