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Drilling & Production

MedcoEnergi Announces its Audited 2017 Results PT Medco Energi Internasional Tbk (“MedcoEnergi” or the “Company”) announced a net profit of US$127.1 million and a 31.5% year-on-year increase in oil and gas production volumes for the year ended 31 December 2017 (“2017”).
Oil & Gas > Drilling & Production > News
BP, Reliance to go ahead with phase 2 of $6bn KG-D6 gas project in India By EBR Staff Writer
BP and its partner Reliance Industries have sanctioned the second phase of their Rs400bn ($6bn) KG-D6 gas field development offshore India.
Oil & Gas > Drilling & Production > News Ascent Resources to launch strategic review of business UK-based oil and gas company Ascent Resources has decided to launch a review of the various strategic options including formal sale process.
Oil & Gas > Drilling & Production > News
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BP, Reliance to go ahead with phase 2 of $6bn KG-D6 gas project in India
By EBR Staff Writer
BP and its partner Reliance Industries have sanctioned the second phase of their Rs400bn ($6bn) KG-D6 gas field development offshore India.
Oil & Gas > Drilling & Production > News
Ascent Resources to launch strategic review of business
UK-based oil and gas company Ascent Resources has decided to launch a review of the various strategic options including formal sale process.
Oil & Gas > Drilling & Production > News
Eni secures approval for Merakes offshore gas project in Indonesia
By EBR Staff Writer
Indonesia’s Ministry of Energy and Mineral Resources has approved Eni’s Plan of Development (POD) for the Merakes offshore gas project in the East Kalimantan province.
Oil & Gas > Drilling & Production > News
Italy’s Eni signs agreements to extend partnership with Algeria’s Sonatrach
By EBR Staff Writer
Italian energy company Eni have signed a series of agreements with Algerian government-owned company Sonatrach to extend partnership in oilfield projects in the North African country.
Oil & Gas > Drilling & Production > News
KCA Deutag secures contract extension on Ringhorne platform offshore Norway
KCA Deutag’s Norwegian subsidiary KCA Deutag Drilling Norge has been given an extension to its current drilling contract on the Ringhorne platform from operator Point Resources.
Oil & Gas > Drilling & Production > News
Statoil awards a conditional letter of intent to Odfjell Drilling
Odfjell Drilling has announced that Statoil has awarded a conditional Letter of Intent (LOI) for a drilling contract for Deepsea Atlantic for 6 firm wells.
Oil & Gas > Drilling & Production > News
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