The two companies have confirmed their willingness to continue the acceleration of the Berkine Nord gas project, which entered into production last February.
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Premier Oil has also said it will not be pursuing the purchase of the additional 25% interest in the Tolmount gas field from Dana Petroleum.
Offshore installation activities are scheduled for 2020.
CGG GeoSoftware has collaborated with Alibaba Cloud to deploy its suite of proprietary geoscience software solutions on the Alibaba Cloud platform.
The US$600 million bridge loan facility will be drawn in July 2020 to finance the ongoing construction of the FPSO Sepetiba.
Oceaneering will provide inspection services for Cabinda Gulf Oil Company Ltd. onshore Cabinda, Angola, and offshore Angola on Blocks 0 and 14.
The company will carry out the Brazil Nebula survey extension for CGG and a 3D scope for Oil India lasting 1.5 months, starting in 3Q20.
The Torngat survey covers approximately 3300 km2 and sits within Labrador Sea’s southern sedimentary basins, where frontier exploration has already successfully identified hydrocarbons.
The development of Askeladd Vest is phase two of the multi-phased Snøhvit gas development in the Barents Sea.
Excluding Libya, and adjusting for closed dispositions and curtailments, production in 2Q20 is expected to be in line with the same period a year ago and approximately 5% below 1Q20.
Rystad Energy estimates Iraq’s actual ability to cut more barrels is limited to between 300 000 and 500 000 bpd.