Somalia and Shell-Exxon JV agree roadmap for offshore development
The co-created roadmap will enable the conversion of prior agreed concessions into production sharing agreements under the provisions of the country's Petroleum Law.
The co-created roadmap will enable the conversion of prior agreed concessions into production sharing agreements under the provisions of the country's Petroleum Law.
The execution of the contract extension will enable Frontera to undertake a workover and well service programme which is expected to return production levels at Block 192 near 8500 bpd in the coming weeks.
The contract has an estimated duration of 21 days and is expected to commence in March 2020, in direct continuation of the rig’s current contract.