LOC Egypt has been awarded a two-year marine assurance and inspection contract by BP Egypt.
Offshore & subsea - 07 November 2019
Petrobras and Chinese state firms CNOOC and CNODC made the only bids out of over a dozen major oil firms who had registered. Two of four blocks on offer got no bids.
The well targeted an extension of the Upper Jurassic Rogn Formation sandstone which forms the main reservoir of the producing Draugen field.