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Upstream drilling news

 
 

CNOOC Signs a PSC with Roc Oil and Smart Oil

CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (Roc Oil) and Smart Oil Investment Ltd. (Smart Oil) for Weizhou 10-3W oilfield and Block 22/04 (contract area) in the South China Sea.

 

Otto Energy provides SM 71 operations update

Otto Energy Limited provides the following update on field production and specifically well performance of the SM 71 F2 well at its South Marsh Island 71 project in the Gulf of Mexico.

 
 
 
 
 

Trinidad awarded contract for two rigs in Kuwait

Trinidad Drilling Ltd. (Trinidad or the Company) has announced an award in Kuwait for two Trinidad Drilling International (TDI) joint venture rigs on a five-year contract. 

 

Faroe reports successful Fogelberg production test

The Fogelberg discovery has now been successfully appraised confirming sufficient well productivity and reservoir connectivity capable of delivering commercial rates from the planned horizontal gas producers.