Upstream news

The company has announced the completion of the agreement with Total Petroleum's subsidiary Total E&P Activités Pétrolières on Eco's Orinduik block, offshore Guyana.

The independent E&P company focused on Trinidad and Tobago, is pleased to announce the appointment of Nicholas Clayton, as its Senior Independent Non-Executive Director, with immediate effect.

Agreements demonstrate Iraq in-country value commitment.

China’s swelling demand for oil and gas for domestic consumption and heavy dependency on imports makes it one of the most lucrative markets for the global oil and gas industry, according to GlobalData.

Hardide Coatings has provided a coating solution for a new tool that will save oil and gas operators millions of pounds per year by extending weather windows for drilling operations.

Project management and engineering are scheduled to be performed in Houston, Texas, with offshore installation by McDermott targeted for completion in mid-2019.

The company has signed Marinesat as a value-added reseller to deliver its maritime-optimised communication solutions to vessels in China and other markets.

The well is situated inside the Taribani field area located in onshore Block 12 in Georgia.

The company has provided an update on its current drilling programme at the Puesto Flores/Estancia Vieja Concession.

The effective date of the transaction is 1 January 2018.