Drilling & production

The company has appointed Ruth Thomas as Subsurface Team Lead, with the company broadening its range of subsurface well plug and abandonment (P&A) design services.

The company has provided an update on its financing activity in respect of its Thali Production Sharing Contract (PSC), in the Rio Del Rey sedimentary basin offshore Cameroon.

The company and its licence partners have announced that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea, located within the Neptune-operated PL938 Licence.

The goal was reached ahead of schedule and is the result of numerous emissions reduction projects executed in Egypt throughout 2022.

The second term of licence P2244 was due to expire at the end of November this year but will now expire at the end of November 2023.

The company offers innovation and application solutions built to withstand demanding wells.

Australia’s oil and gas industry has welcomed the appointment of Sue McCarrey as the new Chief Executive Officer of the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA).

Keppel Offshore & Marine Ltd has signed bareboat charter contracts with ADES Saudi Limited Company for two jackup rigs to be deployed in Saudi Arabia.

The partners have decided to postpone the investment decision scheduled for December 2022. The maturation of the project continues, aiming for an investment decision by end of 2026.

The new leases are strategically positioned in two areas contiguous or adjacent to the company’s current acreage on its north western boundary, covering the extension of the Theta West project, and east.

The company is investing over US$2 million in a new engineering workshop in Abu Dhabi – a move which will enable EthosEnergy to better respond to the fast-growing rotating and oil and gas equipment market.

The reservoir target is the middle and lower Jurassic formations and is expected to be reached at a depth of approximately 2960 m.

The company has secured a contract to deliver its ProfilerTM technology to the Woodside Energy-owned Scarborough Gas Field located in the Indian Ocean, on the West Coast of Australia.

Following consent from the joint venture partners and regulatory approval, Shell Petroleum N.V. has completed the sale of its 100% shareholding in Shell Philippines Exploration B.V to Malampaya Energy XP Pte Ltd.

Carbon capture and storage projects are designed to reinject the CO2 produced from oil and gas operations, or other industries, back into underground reservoir formations, where it remains permanently trapped.