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Oil & gas news

 
 
 
 
 
 
 

Judge orders Tullow to pay up in Seadrill rig case

Tullow Oil plc (Group) announces that a judgment in the English Commercial Court case brought against its wholly owned subsidiary Tullow Ghana Limited (Tullow) by Seadrill Ghana Operations Limited (Seadrill) has been received.

 

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.

 

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.