Drilling & production - 06 July 2017

New Zealand Oil & Gas has inked a sale and purchase agreement for its Kupe gas and light oilfield interest with Mitsui E&P Australia.

Sound Energy has reported the success of operations at the Koba-1 well at Sidi Moktar, onshore Morocco.

Further to the conditional letter of award as announced on 1 March 2017, Odfjell Drilling has now been awarded the contract as described in the CLOA.

Summit’s electric submersible pump system expands Halliburton artificial lift portfolio.

Regional offshore oil and gas services have never been better placed with the technical expertise and experience to support a returning North Sea sector, says Joe Orrell, managing director at engineering services firm RED Engineering.

The collapse of oil prices has taken a toll on foreign direct investment (FDI), export revenue and government revenues in Colombia, forcing action to be taken to relieve budgetary pressure and maintain natural gas self-sufficiency.