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Searcher Seismic Study to Assist Offshore Timor-Leste Bid Round

2020-03-27 13:55:45| OGI

Searcher reached a marketing and sales agreement with Timor-Lestes Petroleum Authority, Autoridade Nacional Do Petroleo E Minerals (ANPM) on March 25 for its Offshore Timor-Leste data and study package.

Tags: study round assist bid

 

Tullow Cancels Maersk Drilling Contract Offshore Ghana

2020-03-24 14:05:26| OGI

Maersk Drilling has received a notification from Tullow Ghana Ltd. on March 24 of early termination for convenience of the drilling contract for the drillship Maersk Venturer.

Tags: contract ghana offshore drilling

 
 

US Lawmakers Ask Interior To Cut Offshore Oil Royalty Rates Due To Market Slump

2020-03-20 21:50:36| OGI

The economic fallout of the outbreak combined with a price war between major oil producer nations Saudi Arabia and Russia has triggered a slump in crude oil prices that threatens the once booming U.S. drilling industry.

Tags: due market rates cut

 

Equinor Delays Bay du Nord Project Offshore Canada After Oil Price Crash

2020-03-19 14:11:40| OGI

The company had previously expected the project with estimated reserves of 300 million barrels to start production in 2025.

Tags: price canada project oil

 

BW Offshore Inks Five-Year Contract For BW Pioneer In US GoM

2020-03-18 14:04:28| OGI

BW Offshore has signed a five-year contract for the lease and operation of the BW Pioneer on the Cascade and Chinook fields on behalf of MP Gulf of Mexico LLC (MP GOM) with a five-year option to extend.

Tags: in us contract pioneer

 

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