Troels Albrechtsen, Maersk Oil, looks at how technology can allow for long term cost-savings in a low oil price market.
Drilling & production - 13 June 2016
Ajith Muralidharan, Vaangden Pte Ltd, Singapore, discusses the opportunities present in the oil and gas buyers’ market.
The acquisition follows the company’s identification of two highly prospective Jurassic fault blocks and one Cretaceous submarine fan system in the FEL 1/13 Licence.
The company has used production revenues to buy a stake in PEDL182 incorporating the Broughton North Prospect.