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Offshore & subsea - 01 February 2018

Erin Energy discovers Hydrocarbons in Oyo-NW Well

Erin Energy Corporation has announced that it has completed the drilling of the Oyo-NW well and, based on preliminary evaluation, it has discovered hydrocarbons in the Miocene Formation.

 
 

Phoenix rising – UK offshore industry poised for surge of FIDs

According to Rystad Energy, the UK offshore oil and gas industry is stirring back to life, fuelled by a robust uptick in the number of field development projects on which operators are expected to reach a final investment decision (FID) this year.