Global E&P CAPEX to reach 13-year low in 2020, predicts Rystad Energy
Global CAPEX for exploration and production firms (E&Ps) is expected to drop by up to US$100 billion this year, according to Rystad Energy.
Exploration - 30 March 2020
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Union Jack release 'highly encouraging' assessment of Biscathorpe project
The mean prospective resources associated with the Westphalian target area are estimated to be 3.95 million bbl, with an upside case of 6.69 million bbl.
Magseis Fairfield awarded Gulf of Mexico OBN contract
The project in the Mexican sector of the Gulf of Mexico is scheduled to commence in 3Q20 and will take approximately 60 days.