As the upstream sector recovers from the 2014 oil price crash and resulting budget cuts, a number of Southeast Asian governments are adapting policies in the sector in the hope of capturing a share of new investment.
Otto Energy Limited has provided an interim report on the progress of the completion of the SM 71 F3 well.
SDX Energy Inc., the North Africa focused oil and gas company, has announced that an oil discovery has been made at its Rabul 5 Well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator).
Europa Oil & Gas (Holdings) PLC has provided an update on its portfolio of multistage licences offshore Ireland, including Licensing Option (‘LO’) 16/20 near the Corrib gas field in the Slyne Basin, where management has elected to fast track an ongoing technical work programme following positive results.
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has announced three individual multimillion pound contract wins with an oil and gas supermajor.
Chariot Oil & Gas Limited announced that the Saipem 12000 has commenced drilling on the Rabat Deep Permits in Morocco.
Sand management is one of the biggest challenges facing oil and gas assets worldwide, affecting production, damaging equipment, causing failure and costing producers billions of dollars per year.
As a result, P1™ and CT™ will play a key role in screening, analytics, planning and tracking of performance in Sasol well operations as well as tracking of operational costs.
Achieved January and February 2018 crude oil sales of 1521 and 1552 bpd, respectively.
The Mira 6/2 combination and three vertical wells (Mira 3, 4 & 5) continue to actively dewater the Mira Pilot Scheme.
Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has been informed by Sacgasco Limited, the operator of the Dempsey 1-15 well in the Sacramento Basin, onshore California, that preparation is underway for the testing of Zone 3 in the Dempsey 1-15 well.
Savannah Petroleum PLC has provided an update on its operations in Niger, ahead of the commencement of its three well drilling campaign on the R3 portion of the R3/R4 PSC Area in the Agadem Basin, south east Niger.
Woodside and BHP have entered into an agreement in relation to the proposed development of the Scarborough gas field (Scarborough Development).
International Frontier Resources Corporation has provided a drilling update on its onshore oil and gas block Tecolutla, and its Mexican joint venture, Tonalli Energia, a 50-50 joint venture with Mexican petrochemical leader Grupo IDESA.
Solo has confirmed the completion of the acquisition of an additional 5% interest in Horse Hill Developments Limited as previously announced on 27 February 2018.