Carnarvon Petroleum awards Petrofac drilling management services contract
The contract relates to Carnarvon's Buffalo project offshore Timor-Leste, where the objective is to drill the Buffalo-10 well in the second half of 2021.
The contract relates to Carnarvon's Buffalo project offshore Timor-Leste, where the objective is to drill the Buffalo-10 well in the second half of 2021.
ONGC will ramp up gas production from its Krishna Godavari Basin block to about 3-3.5 million m3/d from May, which will be further raised to 8.5 million m3/d in 2022/23 before hitting peak rate in 2024.
The partnership will offer the owners of oil and gas discoveries near Repsol Sinopec’s existing North Sea infrastructure hubs an integrated, technically robust and commercially flexible solution to meet their near to mid-term development objectives.