Oilex enters exclusivity agreement for Irish Sea licences
The agreement with Koru Energy is for a potential acquisition of up to a 50% relevant interest in the Knox and Lowry, and Whitbeck gas discoveries in the East Irish Sea.
Offshore & subsea - 16 September 2019
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VAALCO Energy begins Gabon drilling campaign
Drilling of the Etame 9P appraisal wellbore is expected to take approximately four weeks, after which the company will commence drilling the Etame 9H development well targeting the Gamba reservoir.
Tullow makes new oil discovery offshore Guyana
Evaluation of logging and sampling data has confirmed that Joe-1 has encountered 14 m of net oil pay in high-quality oil bearing sandstone reservoirs.