PGNiG Upstream Norway holds an 11.92% interest in the Ærfugl project in the Norwegian Sea. The operator is Aker BP, while the other partners are Equinor Energy and Wintershall DEA.
Expro, an international oilfield services company, has been awarded a multi-million dollar contract for Hindustan Oil Exploration Company Ltd in Mumbai, India.
Rystad Energy forecasts that 2019 production will average 1.95 million bpd, with some months potentially touching the 2 million bpd ceiling.
Alessandro Puliti will begin his new role on 1 September 2019, succeeding Antonio Vella.
The company has sold its its 15% participating interest in the Atrush Block in Kurdistan.
ESAI energy believes Russia has more than enough spare export capacity for production to recover from the May level of 11.1 million bpd.
The approval of the EIA sets the stage for PetroTal to continue with the full field development of the Bretaña oilfield in Peru's Block 95.
The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners and Getech, have announced the re-opening of the 4th licensing round as of 21 May 2019.
Tremendous overspend by US shale firms continues to persist, says the energy research and consultancy.
The assets include the 108 000 bpd Jackfish oilsands project, which comprises about 88% of the valuation.
The partnerships are with drilling and FPSO operators with worldwide assets.
S-Cube says that its XWI algorithm has the predictive power to match rock measurements pre-drilling with up to 90% accuracy.
Borr Drilling Limited has announced its unaudited results for the three months ended 31 March 2019.
The contract follows a successful three-month pilot in late 2018, where Exterran met or exceeded oil-in-water, suspended solids and iron outlet performance levels.
Prospex Oil and Gas Plc has announced that all relevant permits are now in place to drill the Bainet West prospect in northeast Romania.