Drilling & production

Diamond Offshore Drilling have extended the exclusive license for Trelleborg’s offshore operation to this patented technology until 2029.

Marketed utilisation rates would also rebound to 89% by 2020, surpassing rates seen during the heydays before the downturn.

The Norwegian Petroleum Directorate has granted A/S Norske Shell a drilling permit for well 6304/3-1, cf. Section 15 of the Resource Management Regulations.

Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025.

The US has added close to 50 billion bbls over the last year and now holds an estimated 310 billion bbls of recoverable oil with current technologies, equal to 79 years of US oil production at present output levels.

The multi-phase work programme, consisting of workover, new drill and pressure maintenance operations, is focused on increasing production and proving up substantial reserves at Zink Ranch that are believed by the Company to be economically recoverable.

This partnership aims to significantly improve operational efficiencies and reduce well costs over the life of the project through a holistic and collaborative development approach.

SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its SD-4X well in the South Disouq Concession, Egypt (SDX 55% working interest and operator).

Providence Resources P.l.c., the Irish based Oil & Gas Exploration Company, has provided an update on Frontier Exploration Licence (FEL) 6/14 that contains the Newgrange Prospect.

UK Oil & Gas Investments PLC announces that its wholly owned subsidiary, Kimmeridge Oil & Gas Limited (KOGL), has applied to West Sussex County Council (WSCC) to extend the Broadford Bridge-1/1z (BB-1/1z) planning permission for a further 18 months to 31 March 2020. BB-1/1z is located in the 300 km² PEDL234 licence, in which the Company has a 100% interest via its ownership of KOGL.

Sound Energy, the Moroccan focused upstream gas company, has confirmed that it has now finalised the specific location of its approaching TE-9 exploration well which will target the A1 prospect in the Company's Tendrara-Lakbir permit, Eastern Morocco.

The study was supported by geoscientists from CNOOC (Shenzhen branch) who shared the comprehensive viewpoints of their previous study in this area.

Equinor is awarding new service contracts to Baker Hughes Norge, Halliburton AS and Schlumberger Norge AS for integrated drilling and well services on most of the Equinor-operated fields on the Norwegian continental shelf.

Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, has announced that its joint-venture subsidiary Elcrest Exploration and Production Nigeria Ltd (Elcrest) has successfully drilled and completed the Opuama-9 well.

The findings are reported in MEI’s latest North America Gas Outlook to 2030, which explores gas supply and demand projections to 2030.