The 85 upstream projects up for Final Investment Decisions (FIDs) in 2019 include 75 greenfield developments, with approximately 42 billion boe of resources and 10 expansion phases.
The company previously announced the award of three long-term contracts in the MENA region.
The London-listed company gears up to a year of promising prospects in two assets of their portfolio.
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce that sidetracking operations from the existing 16a wellbore ('16a' or 'the Well') on the West Rustavi field ('West Rustavi') have commenced.
The company has reached agreement to acquire stakes in the Chevron operated Sarta and Qara Dagh blocks, in the Kurdistan Region of Iraq.
The company has announced first oil from the Van Gogh infill project, marking the successful completion of the two-well programme that will increase production from the field.
Specialist oil and gas consultancy, Oil Plus, has secured contracts worth more than US$4 million (£3.14 million) in the last three months.
Empyrean Energy plc, the oil and gas development company with interests in China, Indonesia and the United States, has announced an independent resource audit of the Mako gas field by Gaffney Cline & Associates.
The surface controlled DSIV will be the first steam injection valve available on the market to meet UK safety regulations.
Bureau Veritas, a world leader in laboratory testing, inspection and certification services, has been awarded a four-year contract with Neptune Energy to provide second and third-party inspection services for the new Fenja oil and gas field development, offshore Norway.
The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 million bbls with good profitability.
The Board of Triangle Energy Limited has provided the following update on its Cliff Head oilfield operations, located in the Perth Basin approximately 270 km north of Perth in Western Australia.
BP signed a cooperation contract with Tenaris to provide high quality OCTG products and accessories with Rig Direct service, to support drilling activities in Indonesia’s Tangguh region.
The work programme at Norio, which consists of eight workovers and one sidetrack, is targeting a 25-fold increase in production to 250 bpd by H1 2019. Norio has gross oil reserves of 1.631 million bbls.
In November last year, UK-based Corallian Energy revealed its plan to commence a two-well work programme, starting with the drilling of the Wick well, followed by drilling of Colter scheduled for Q1 2019.