Equinor and Sinomine Specialty Fluids sign long-term contract
The contract is for supply of ‘cesium drilling and completion fluids’ to Equinor’s operations on the Norwegian Continental Shelf.
The contract is for supply of ‘cesium drilling and completion fluids’ to Equinor’s operations on the Norwegian Continental Shelf.
Wood Mackenzie senior analyst David Low said that he expects ConocoPhillips to redeploy its capital into its North American unconventional and Alaskan positions.
The service will be provided using Vantage's Tungsten Explorer and covers one firm well, "Nigma 1", with the contract estimated to last 73 days.
The assets being sold include interests in the Barossa project and the Caldita, Bayu-Undan, Poseidon and Athena fields.