Drilling & production - 18 July 2024

Wood Mackenzie: National M&A spend hits 20-year low

Thursday 18 July 2024 10:32

According to Wood Mackenzie, international M&A spend from NOCs has collapsed from over US$30 billion per year (2009 – 2013) to less than US$5 billion (2019 - 2023).

Union Jack Oil plc shares drilling update

Thursday 18 July 2024 09:00

The company has announced a positive drilling update in respect of the Andrews 2-17 well, located in Seminole County, Oklahoma, United States, in which Union Jack holds a 45% working interest.