Under the terms of the agreement, Eni will pursue exploration activities in the offshore area of over 2800 km2, located in the northern territorial waters of the Kingdom of Bahrain, with water depth ranging from 10 up to 70 m.
Oceaneering International Inc. has secured a new drilling and completion support contract for integrated services with Wintershall Norge AS.
The funds raised are to be applied to support ongoing works at the UK-based company’s Brockham asset, forthcoming works at the Balcombe asset, a seismic overview of the Lidsey asset and to fund the exploration of potential acquisition opportunities.
QMax Solutions has been awarded a “Best and Brightest Companies to Work For in the Nation” award.
The Government of the Republic of the Congo has informed Anglo African Oil & Gas that the licence will have a 25-year period.
The five-year agreement aims to provide Pacific’s customers with better reliability and improved throughput enabling streaming video and real-time data.
The collective depth of these wells is the equivalent of 25 times around the equator – or 2.5 times the distance to the moon.
The transaction is expected to close in 2H19, subject to regulatory approvals.
The agreement with INA has been extended for a further six months to 1 November 2019.
The company is currently working on a revised Plan for Development and Operations, following scheduled feedback from Ghanaian authorities.
The public inquiry will commence on 5 November 2019 with the hearing expected to last up to six days.
The company has been awarded a new contract by Evonik to deliver engineering, procurement and construction management services for the Group’s new polyamide 12 production complex.
The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million bpd from the market.
The company will acquire the Havyard 832 PSV vessel Olympus through its subsidiary Wanax AS.
For the world’s fourth largest crude producer, natural gas is about to take pole position.