Gabon aims to increase crude oil production by 50% by 2020/2021
Vaalco Energy has announced that it will begin its drilling campaign in the country’s offshore this September.
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Vaalco Energy has announced that it will begin its drilling campaign in the country’s offshore this September.
Equinor has divested a 16% shareholding in Lundin for a direct interest of 2.6% in the Johan Sverdrup field and a cash consideration of approximately US$650 million.
The exploration well being drilled is in licence area PL838 (the Shrek prospect) on the Norwegian Continental Shelf.
Wood Mackenzie senior analyst David Low discusses potential M&A activity in the Australian upstream sector over the next 12 months.
The contract is for the design of a Sevan cylindrical floating production, storage and offloading (FPSO) unit.
Evaluation of the West Newton A-2 openhole data has identified an estimated gross hydrocarbon column of approximately 65 m in the Kirkham Abbey formation.
The XWI algorithm, which enables data-driven earth model building, helped Tullow Oil to strike oil at the Jethro-1 well earlier this month.
A vessel is en route to the field to undertake site preparation before a drilling rig is moved to the site.
The Aseng 6P well was drilled to a total depth of 4417 m and is expected to produce first oil in October 2019.
CGG Geoscience’s Subsurface Imaging Center in Rio will deliver imaging of pre-salt structures in the Campos and Santos Basins.
Operations were suspended following recent seismic activity near the site in Lancashire, UK.
The campaign will comprise of two wells in the Duyung PSC in the West Natuna basin, in which the company holds an 8.5% interest.