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Upstream news updates

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Torchlight completes drilling phase of A39 #1 well

The company has announced that it has completed the drilling phase of the A39 #1 well in its Orogrande Basin drilling programme with operator Maverick Operating and drilling partner Wolfbone Properties.

 

PTTEP wins bid for Bongkot and Erawan

The company has confirmed its readiness to continue the operatorship in the Bongkot gas field and to become the operator in the Erawan field starting from 2022.

i3 Energy provides Serenity update

Serenity provides i3 with exposure to low cost and potentially high return upside that could be tied in to either its Liberator Phase I or incremental Phase II infrastructure.


More oil news updates

 
 
 
 
 
 
 
 
 

Shell to further invest in North Sea gas hub at Shearwater

The company, together with partners Esso Exploration and Production UK Limited and Arco British Limited, LLC, has announced the final investment decision for a Shearwater gas infrastructure hub in the central North Sea.

 
 
 

Frontera Resources Corporation: financing update

Frontera Resources Corporation has announced that on 11 December 2018 it signed a term sheet with a New York, U.S.A.-based fund seeking to secure a loan of up to US$60 000 000.

 

IMCA publishes its latest DP station keeping bulletin

The International Marine Contractors Association’s (IMCA) has published its latest Dynamic Positioning (DP) StationKeeping Bulletin. Published quarterly, the Bulletin is a reliable channel for providing feedback on DP events to the industry.