Petrofac secures series of well engineering contracts
Petrofac has strengthened its global well engineering contracts portfolio following a series of award wins worth a combined value of around US$20 million.
Petrofac has strengthened its global well engineering contracts portfolio following a series of award wins worth a combined value of around US$20 million.
Independent Oil and Gas plc (IOG) has confirmed that the funding of its 100% owned and operated Harvey appraisal well has now closed, with terms as announced on 17 August 2018.
Petrobras has awarded Zentech a three-year contract, with the option to extend in the future.
This drilling system will be used for oil and gas drilling activities in shallow to medium water depths all around Asia, particularly the South China Sea.
Gas from the field is sold into the national grid run by Transgaz at the Romanian market prices of circa €6/thousand m3.