Statoil awarded highest number of licences since 2005
In the APA round 2015, Statoil has been awarded 24 licenses on the Norwegian continental shelf.
In the APA round 2015, Statoil has been awarded 24 licenses on the Norwegian continental shelf.
Global oil demand growth flipped from a near five year high in 3Q15 (2.1 million bpd) to a one year low in 4Q15 (1.0 million bpd).
Drilling operations have commence on onshore well, located in Lincolnshire, UK.
Connacher has announced plans to reduce production at Great Divide.
Event to be hosted by Chief Executive, Neil Gordon
Concho Resources Inc. has announced three separate transactions, which increase the company’s position in the southern Delaware Basin, high grade the company’s portfolio and reduce net debt.
The contract is for the drilling of one exploration well located West of Shetland on the UK Continental Shelf.