Murphy Oil exits Malaysia
The company has sold its Malaysian assets to a subsidiary of PTT Exploration and Production Public Company Ltd.
Drilling & production - 21 March 2019
Aminex: Ruvuma farm-out update
The company has announced that all parties to the previously announced Ruvuma farm-out agreement have agreed to an extension to the longstop date to 31 July 2019.
Full-scale development of Kharasaveyskoye field starts in Yamal Peninsula
A ceremony was held in the Yamal-Nenets Autonomous Area to mark the launch of full-scale development of the Kharasaveyskoye field.
Major operator recovers from stuck pipe using Churchill’s HyPR™ HoleSaver™
A major UAE operator has recovered from stuck pipe by severing its drill string in just 2.5 hrs, reports Churchill Drilling Tools, a global oilfield service company specialising in drilling innovation.
GlobalData: Limited risk to oil majors’ investments from energy transition in medium term
This news comes despite projections of declining oil demand in the 2030s or even the late 2020s in some scenarios.