Upstream news
Range Resources sells four onshore drilling rigs to Wilson Energy Services
Wilson Energy Services will pay Range a total cash consideration of US$3.6 million upon completion of the transaction.
Eni begins production at Obiafu 41 discovery in Nigeria
At the end of ramp-up, production will reach a capacity of approximately 3 million m3 of gas and 3000 bpd of condensate.
Lukoil signs MoU for hydrocarbon exploration and production with Equatorial Guinea
The agreement was made at the Russia-Africa summit in Sochi, Russia.
GlobalData: South America and Europe led globally with highest number of oil and gas discoveries in 3Q19
GlobalData identified Asia and Africa to be the second highest among the regions.
Airswift appoints new CFO
Based in the company’s Houston headquarters in Texas, US, McClure will work closely with CEO Janette Marx to achieve Airswift’s growth plans.
Trendsetter to provide Talos Energy with connectors for Gulf of Mexico project
Talos plan to use Trendsetter’s TC7 clamp connectors and ancillary equipment on the Bulleit development located in the Gulf of Mexico’s Green Canyon 21 block.
Aker BP releases 3Q19 results
Aker BP has reported total income of US$723 (785) million and operating profit of US$196 (354) million for 3Q19.
PGS releases data from Angola seismic survey
The company has collected beam migrated data from the shallow-water shelf blocks of the Kwanza Basin.
Dragon Oil completes purchase of BP's Gulf of Suez assets
Dragon Oil will invest US$1 billion over five years to boost and extend the production of the oil concessions in Egypt's Gulf of Suez.
Armour Energy spuds Horseshoe 4 well in Queensland
The well is located in Armour’s 100% owned PL227, part of the company’s Kincora Project on the Roma Shelf in south west Queensland, Australia.