Drilling & production

The company is seeking to commence drilling operations in the Tilapia oilfield during April 2020.

The company generated a net loss of US$36 million in 4Q19.

Renato Barbedo will work with operators across the continent to deploy Tendeka’s broad range of products and technologies.

The centre will train drilling and well control personnel in the onshore and offshore oil and gas industry, with the aim of boosting competence and safety.

Equinor has concluded that the project’s potential is not commercially competitive.

The centre in King Salman Energy Park will manufacture well completions technologies.

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.

Operator Aker BP plans start-up of the Skogul oilfield in the North Sea in March 2020.

The volume of gas resources in the field is estimated at 200 trillion ft3 of rich raw gas.

Halle Aslaksen joins the Aberdeen-headquartered company from the Norwegian hydropower operator Småkraft.

CannSeal’s technology repaired an unconventional cement packer design, thereby facilitating development of an additional reservoir.

Rystad's analysis indicates a shortfall of 37 000 bpd when compared to Indonesia's official projections.

The contract, worth approximately US$40 million, is for a project in the United Arab Emirates.

The company is also scheduled to begin appraisal drilling at West Newton B-1.

Well 7221/4-1 will be drilled from the West Bollsta drilling facility.