International Frontier Resources Corporation has announced that Tonalli Energia, IFR’s joint venture (JV) with Mexican petrochemical leader Grupo IDESA, has spudded the first conventional horizontal well, (“TEC-11”), at its onshore Tecolutla block.
The company has been awarded the FEED contract for Gudrun Phase 2 Water Injection. The contract with Equinor also includes an option for the actual implementation (EPCI).
The company has provided an operational update for its interests in the North Sea.
The company has announced an oil discovery at its 9/14a-17B well and associated side-track on the Agar-Plantain Prospect.
Leading international oilfield services company, Expro, has strengthened the opening of its new purpose-built facilities in Baku, winning a four-year contract extension for BP’s Shah Deniz Stage 2 project.
BiSN, the global leader in innovative metal-to-metal downhole sealing solutions, is celebrating multiple ground-breaking firsts for the business.
Middle Eastern oil production is expected to grow by 2.7 million bpd by 2025, according to latest Rystad Energy analysis.