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Drilling & production

MRDC and Twinza execute agreements over the Pasca A Project

Twinza Oil have announced that they have obtained all internal approvals and executed a series of binding agreements for MRDC to take an up to 50% participating interest in the Pasca A Development Project and for the companies to cooperate in the acquisition and development of other oil and gas assets in Papua New Guinea.

 
 
 

BL moves drilling rigs for ONGC

India’s Oil and Natural Gas Corporation Limited (ONGC) has moved a record-high 45 drilling rigs to new locations ahead of the Indian monsoon season.