CGG provides 1Q20 financial update
The company has also suspended its full year 2020 financial guidance.
Exploration - 09 April 2020
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Upland Resources and Baron Oil relinquish interests in UK offshore licence
The work commitment on Licence P2470 consisted of a small volume of 3D seismic reprocessing.
10 exploration wells in Norwegian Continental Shelf expected to be postponed by Covid-19 and low oil price
In January 2020 there were plans for approximately 50 exploration wells, but this has been reduced to 40 by the effects of the Covid-19 pandemic and low oil prices.