Rig sharing pact cuts costs in Indonesia
Medco Energi, which operates South Natuna Sea Block B, will share a jack-up drilling rig with four other operators offshore Indonesia as part of a pact that will save millions of dollars.
KUFPEC
Harbour restarts Natuna drilling after chopper accident in Indonesia
UK-based upstream player Harbour Energy has restarted development well drilling at its Natuna Sea Block A offshore Indonesia after operations were suspended due to a helicopter accident last week.
Total to explore Herodotus Basin
A group led by Total has signed up to explore an offshore block in Egypt’s Herodotus Basin, in the Mediterranean Sea.
EnQuest, Sinopec ‘among bidders’ for ExxonMobil UK North Sea oil and gas fields
ExxonMobil's UK North Sea assets have attracted suitors from state-owned companies to private equity-backed firms as the US oil giant seeks to exit the aging region altogether, according to people with knowledge of the matter.
Cheiron starts up Gulf of Suez production
Cheiron has begun producing crude from a new field in Egypt’s southern Gulf of Suez, following the GNN oil discovery.
Shell, Total among the majors committed to developing Chinese acreage
China signaled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell Plc new opportunities to develop fields in partnership with the nation’s biggest offshore explorer.