Upstream news
GlobalData: budget stability a positive for attractive UK oil tax regime
Will Scargill, Senior Oil & Gas Analyst at GlobalData, offers his view on the impact on the oil and gas sector.
Rowan Reliance awarded contract by Fieldwood
The contract is expected to commence the first quarter of 2019.
Halliburton releases first fluid efficient dissolvable frac plug
This offering expands on the capabilities of current dissolvable plugs, but with a larger internal diameter and less mass for greater efficiency.
MISC Berhad: MVOT wins a time charter contract by Idemitsu Kosan Co., Ltd.
The company, through its 51%-owned joint-venture with PetroVietnam Technical Services Corporation, has been awarded a time charter contract by Idemitsu Kosan Co., Ltd. for the provision of a Floating, Storage and Offloading Vessel in Vietnam.
Harvest Oil & Gas announces appointment of Ryan Stash as Vice President and CFO
Mr. Stash most recently served as a Managing Director at Regions Securities, focused on the energy sector.
Eni and Total partner with Sonatrach for offshore exploration in Algeria
The companies signed two agreements which include an exclusive partnership for offshore exploration in Algeria in a virtually unexplored geological province.
Claxton to support MOL Norge’s first well programme on the Norwegian Continental Shelf
The award is through Ross Offshore Well Management AS, which Claxton will support with equipment delivery.
Wellesley announces successful appraisal of Grosbeak Discovery in Northern North Sea
Wells 35/11-21S and 35/11-21A were drilled in production licence Pl248I where Wellesley holds a 60% operated interest.
Equinor: new oil discovery in the Johan Castberg licence
The company, and partners ENI and Petoro, have completed the Skruis exploration well in the Johan Castberg licence. The well confirms a volume of 12-25 million recoverable bbls.
Cue Energy: conditional agreement for WA-359-P joint venture and Ironbark exploration well funding
The company has announced that its 100% subsidiary Cue Exploration Pty Ltd, has executed an agreement with BP, Beach Energy Limited and New Zealand Oil & Gas.