Upstream drilling news

Block Energy Plc has announced the execution of a non-binding Memorandum of Understanding (‘MOU’) with Georgia-based drilling contractor, JSC Norio Oil Company (‘NOC’), for the provision of a drilling and a workover rig.

Petrofac has received a provisional letter of award for an engineering, procurement and construction (EPC) contract worth US$600 million with Sonatrach for EPC1 of the Tinhert Field Development Project in Algeria.

Block Energy Plc, the exploration and production company focused on the Republic of Georgia, has announced that the Production Sharing Contract (‘PSC’) terms for its West Rustavi licence have been accepted by the government of the Republic of Georgia.

GyroSphere MEMS gyro-while-drilling service increases drilling survey efficiency and reliability with new microelectromechanical technology.

Nostra Terra, the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, reports a production update and development plan for the Company's Mitchell County assets in the Permian Basin.

Siccar Point Energy has concluded well testing operations on the 204/10a-5 appraisal well in the Cambo field, north-west of Shetland.

The company will continue to assess additional well packages in the region as it builds out its production base.

AAOG holds a 56% working interest in the producing Tilapia field, which is located in the prolific Lower Congo Basin in the Republic of the Congo.

It will be the first major rig refurbishment completed at HENDERSON’s new service centre and rig yard at 6750 Bender Road in Houston, Texas.

BP Exploration Operating Company Limited (‘BP’) has exercised the one-month option to extend the charter of the Safe Caledonia. Total value of the option is US$2.4 million.