The discovery was achieved at the SEMZ-11X well located 10 km west of Zarif field, the nearest producing field.
The transaction is one of the largest oil and gas financings in Africa in more than a decade, with a financing component of US$1.1 billion.
Equinor and YPF will hold 35% equity in the CAN 100 block, located in the North Argentinian Basin, while Shell will hold the remaining 30%.
IDS will deploy its data driven TourNet Pro drilling contractor reporting service and drilling performance monitoring service, Anova DPM, across Stena Drilling’s fleet in 1Q21.
The survey, covering 2694 km2, will broaden the region's 3D coverage while adding to the extensive offshore seismic library.
In the second part of a two-part article, Alexandre de Rougemont, MAN Energy Solutions, continues his exploration of how a joint venture between Aker Solutions and MAN Energy Solutions is supplying a modular subsea compressor system that is set to increase efficiency, reduce energy use and improve performance.
The aim of the study was to increase petroleum system knowledge across a relatively data-poor area of the northern Barents Sea.