Exploration

The projects are valued at approximately US$42 million and are scheduled to occur primarily during 2Q20.

The company has announced that the Q10-A field offshore the Netherlands produced 258 million m3 of gas during 4Q19, compared to 203 million m3 in 3Q19.

The agreement with Colombia’s National Hydrocarbon Agency, the ANH, grants rights to reprocess existing data and acquire new 2D and 3D multi-client programmes offshore Colombia’s Caribbean coast.

The company is prioritising securing a partner to drill its flagship prospect in Ireland, the Inishkea prospect which lies on Frontier Exploration Licence 4/19 in the Slyne Basin.

2020 will be key as sector moves towards low-carbon future.

The 4-month survey will cover 2000 km2 of 3D in a shallow-water area of the Arabian Sea.

The company has announced that the Luiperd-1 well in block 11B/12B offshore South Africa is due to spud in 2Q20.

The 3D survey is taking place in the Vulcan Sub-basin, offshore north-west Australia.

The licence awarded to Eni is located in deep water in the unexplored Namibe Basin.

Work will now begin on discharging the planning conditions and the detailed planning for the development works at the Wressle oilfield.

Work on the 3D ocean bottom node seismic acquisition survey will continue through most of 1Q20.

GlobalData's thematic report, ‘Arctic Exploitation’, evaluates the competitive position of different Arctic countries in tapping the hydrocarbon reserves of the region.

ION is reimaging 22 000 km2 of data over the country’s deepwater blocks to create a contiguous volume for a holistic exploration perspective of the margin.

The extension is for the purpose of completing the NJOM-3 well currently in process on the Njonji structure.

The jack-up rig is built to Keppel’s proprietary KFELS B Class design and is the fifth of eleven jack-up rigs that Borr Drilling has ordered from Keppel.