Drilling & production - 23 August 2016

MISC Berhad has made inroads into Thailand's offshore oil and gas market for the first time.

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 133.7 million t in July 2016.

Europa Oil & Gas has provided technical information on the recently awarded Licensing Option 16/22 offshore Ireland.

Statoil has signed a Sales and Purchase Agreement to acquire 70% ownership and operatorship for the P.2170 licence on the UK Continental Shelf.

The company has announced the successful testing of the Jacana 5 appraisal well in the Jacana oilfield in the Llanos 34 Block in Colombia.

GE Oil & Gas has been awarded a multimillion dollar frame agreement to supply subsea wellheads to Oil and Natural Gas Corporation Limited. Under the three year agreement, GE will provide an estimated 55 wellheads to support ONGC’s exploratory drilling campaign in India.

ConocoPhillips has confirmed to FAR Ltd (ASX:FAR) that it has a right of pre-emption over the proposed sale of ConocoPhillips interests in Senegal to Woodside Petroleum Limited.