Ahead of trial, Orrön faces threat of higher penalty for war crimes
The prosecutor has proposed three different amounts in the past five years, Orrön said.
The prosecutor has proposed three different amounts in the past five years, Orrön said.
Eni discovered Baleine in September 2021. It took the final investment decision around six months later.
The rigs will carry out drilling, completion, testing, temporary abandonment and workovers, in water depths from 600 to 1,800 metres.
Neptune started the offshore rig work for Yakoot in July. The company has said the well is targeting a structural trap with multiple reservoir targets.
There is scope to drill three more wells from the EPF, which would complete the current drilling programme.
“Each time Kinetiko adds commercial production plans within its exploration rights, it will be able to grow Reserve Certifications by eventual orders of magnitude”, he said.
The Depthwize drilling rig, Majestic, was in transit to a drilling site at Ovhor in Delta State when it capsized.
The transaction will increase Maurel’s production to 67,800 boepd, it reported, of which 56,500 bpd will be in Gabon. The deal will also see Maurel take over a midstream network and the Gamba oil terminal.
"By utilising the RotoMill on this operation, bp can recover and reuse valuable base oil in their drilling system, delivering both environmental and commercial value to their operation."
In March, Global said the Marula prospect may contain 411 million barrels, under an unrisked gross prospective resource. Welwitschia Deep may hold 881mn barrels.
“In September we’ll have the results of the first test, which is very important. Productivity per well is important, if it’s 15,000 barrels per day it’s fine, if it’s five, it’s not fine.”
The NGOs raised concerns beyond drilling, though. They predicted more than 2,000 truck trips per day may take place during work.
In the meantime, Sasol warned of “continued pricing and demand volatility” to come.
Dana Gas CEO Patrick Allman-Ward said the company had made significant strides energy efficiency and greenhouse gas emissions in the past few years. The company has cut flaring 47% since 2019.
“That’s not cutting costs with a machete and being unsafe. We’re doing more with safe facilities. It’s not just good to cut costs and allocate that cash to other areas but it also facilitates financing of the company.”
“We’ve been reassured that approval for both transactions will be relatively efficient, they should be done before the end of the year”.
Woodside did not identify the cause of the FPSO problems. It struck a deal for a 100,000 barrel per day vessel from Modec in January 2020.
El Feel was the first to stop, as protestors moved into the facilities, followed shortly after by Sharara. The first field was producing around 70,000 barrels per day, while the second was around 270,000 bpd.
The Jubilee field averaged 80,800 bpd in the fourth quarter of 2022. It fell in the first quarter of reduced water injection. Kosmos Energy reported previously that JSE would increase Jubilee to more than 110,000 bpd by the end of 2023.
ReconAfrica said the ECC would allow it to drill exploration and appraisal wells in the Kavango Basin, from this month until July 2026.
“At least three exploration wells offshore the Northern Cape province will be drilled in 2024 to prove the petroleum resource potential in the Orange Basin.”
At this point, the report said, drilling lost five days. It attributed this to “trying to latch on to the wellhead because the rig compensator failed”. It noted the “situation was exacerbated by the rig guide funnel having been left behind in Norway”.
PwC had acted as external auditor for SDX from 2012 until the end of 2022. SDX replaced PwC with Crowe UK.
The first was on increasing production at Tin Fouyé Tabankort (TFT). The two companies agreed to convert the TFT II and TFT Sud contracts to the new hydrocarbon law, which Algeria passed in December 2019.
Woodside has said there is a one-well commitment on the licence, due by the end of 2025.