Octanex spudded the Ophir A1 well, one of three scheduled production wells, using the UMW Naga-2 jackup rig in some 70 metres of water. The oilfield development project calls for a wellhead platform and an FPSO unit.
Octanex holds a 50% stake in the project, alongside Scomi Energy Services and Vestigo Petroleum, which have 30% and 20%, respectively.
In other news, reports on Friday suggested that Dayang Enterprises was in pole position for a multi-year, USD 1.4-billion maintenance, construction and modification contract. The Petronas deal has reportedly drawn the interest of five other parties.
Meanwhile, Mubadala Petroleum has called for bids for the construction of the Pegaga gas development’s central processing platform. The consensus is that Malaysia Marine & Heavy Engineering and Sapura Energy will be making offers. The platform is to be installed in Block SK320 in around 110 metres of water.
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
This website uses cookies.