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Drilling & production

 

Sacgasco signs farm-out agreement

Sacgasco Ltd has signed a farm-out agreement with Empyrean Energy plc (EME) for the natural gas Dempsey Prospect and other Sacramento Basin assets.

 

TMC secures Höegh FSRU deal

Samsung Heavy Industries has awarded TMC Compressors (TMC) a contract to deliver a marine compressed air system to a FSRU.

 
 

Gas production begins at Bezzecca

Po Valley Energy has announced that testing of the primary production layers from the Bezzecca well east of Milan, Italy, is complete.

 
 
 
 
 

Eni reports profit increase

“Eni has markedly improved its financial and operational performance in 1Q17,” commented Claudio Descalzi, CEO of Eni.