Oil & gas news

Talos is the operator of Zama, located offshore Mexico, and holds a 35% working interest in Block 7 in a consortium with its partners Sierra Oil & Gas, a Wintershall DEA company, and Premier Oil plc.

With the approval of the EIA, Strata-X has the clearance to drill and test up to 75 additional wells covering 3 prospecting licenses within the high-grade area of the Botswana CBM fairway.

Based on extensive mapping of the underground the remaining potential of the Statfjord area is still considerable, according to Equinor and its partners.

CGG has closed its strategic partnership transaction for marine seismic acquisition services with Shearwater GeoServices Holding AS (Shearwater).

Both contracts are now firm until the end of December 2020 and will commence in direct continuation of the current contracts.

The one-month survey will cover parts of block A5 offshore Gambia in the rapidly emerging and prolific Mauritania, Senegal, Gambia, Guinea-Bissau, Conakry (MSGBC) Basin.

These petrophysical interpretations, derived from well log and core analysis relationships in approximately 1400 wells within key unconventional basins, will be added to the current TGS data library.

Royston has completed the overhaul of a critical power system onboard another Bluewater Services operated floating production storage and offloading (FPSO) vessel.

Compared with recent years, both crude oil prices traded within relatively narrow price ranges throughout the year.

In a two-year deal valued in the region of US$50 million, Petrofac will integrate the services of its Operations, Projects and Well Engineering service lines.