Somalia ratifies petroleum law
The ratification paves the way for the conclusion of Somalia’s first Offshore Somalia License Round, with an expected closing date for submissions of bids at the end of 3Q20.
Drilling & production - 24 February 2020
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Skogul oilfield gets start-up approval
Operator Aker BP plans start-up of the Skogul oilfield in the North Sea in March 2020.
Saudi Aramco approves development of Jafurah gas field
The volume of gas resources in the field is estimated at 200 trillion ft3 of rich raw gas.