Pantheon Resources secures rig contract to drill well on Alaska's North Slope
The company has formally executed contracts for the Nabors 105AC drill rig to drill the Alkaid #2 well, scheduled to spud in July 2022.
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The company has formally executed contracts for the Nabors 105AC drill rig to drill the Alkaid #2 well, scheduled to spud in July 2022.
The campaign uses AUSEA technology developed by TotalEnergies, the French National Research Centre for Scientific Research (CNRS) and University of Reims Champagne Ardenne.
The ten-year agreement aims to ensure predictability, which will be important to both parties in times of many great and important opportunities.
Neptune Energy Norge AS, operator of production licence 153, has concluded the drilling of appraisal wells 35/9-16 S and 35/9-16 A on oil and gas discovery 35/9-3 (Hamlet).
The company has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to government approvals.
Replan is Brazil's largest refinery in terms of processing capacity, with a load of 434,000 bpd. In addition to diesel fuel, it produces gasoline, jet fuel, asphalts, LPG, and propene, among other oil products.
The company has delivered its entire product line offering during the life of the contract, which includes tubular running services (TRS), fishing and rental services, and will complete the project on schedule despite significant operational challenges resulting from the Covid-19 pandemic.
The new agreement will give Petrobras geoscientists access to advanced technology innovations, including full-waveform inversion (FWI), significantly enhancing their imaging capabilities.
The outcomes would enhance the UK’s energy security and would ensure that emissions from North Sea oil and gas production remain world leading.
DNV has been selected by the International Association of Oil & Gas Producers (IOGP) to support the decarbonisation initiatives of IOGP members – producers of 40% of the world’s oil and gas.
The company has announced it will spend more than US$1 billion over the next five years securing energy supplies for the UK and speeding the transition to net zero.
The licences contain two firm wells on the Oswig and Velocette prospects anticipated to drill in the summer 2022 and 2Q23 respectively. All the licences are operated by OMV which will retain a 40% working interest post-transaction.