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Company News
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14 August 2019
ExxonMobil considers sale of UK North Sea assets
Energy company ExxonMobil reportedly held talks with several North Sea operators regarding the sale of its assets in the UK North Sea.
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13 August 2019
COOEC Offshore and Expro form alliance to provide RWI services
Chinese offshore and subsea solutions company, COOEC Offshore, has formed an alliance with Expro to venture into deepwater Riserless Well Intervention (RWI) to strengthen its service offering.
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13 August 2019
Wintershall Dea begins drilling at Dvalin gas field in Norwegian Sea
Wintershall Dea has commenced drilling four production wells on the Dvalin gas field in the Norwegian Sea with the aim to achieve first production next year.
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12 August 2019
Providence secures approval for Ireland’s Barryroe Project survey
Irish oil and gas company Providence Resources has secured government approval to undertake a site survey at the Barryroe Project, off the Cork coast.
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12 August 2019
Eco Atlantic discovers oil on Orinduik Block, offshore Guyana
Eco (Atlantic) Oil & Gas has reported a major oil discovery from the Jethro-1 exploration well drilled on the Orinduik Block, offshore Guyana.
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9 August 2019
BHP to invest $283m in Ruby project development
Australian firm BHP has approved a $283m investment to develop the Ruby project in Trinidad and Tobago.
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7 August 2019
IOG spuds Harvey appraisal well in North Sea
UK-based development and production company Independent Oil and Gas (IOG) has started drilling on the Harvey appraisal well in the North Sea.
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7 August 2019
Europa Oil & Gas secures 15-year licence in Slyne Basin
The Irish government has approved Europa Oil & Gas’ application to convert Licensing Option 16/20 in the Slyne basin in Atlantic Ireland to Frontier Exploration Licence 4/19.
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6 August 2019
Shearwater begins seismic survey in North Sea licence
Shearwater GeoServices has commenced a 3D seismic survey over the Pensacola Prospect on Licence P2252 in the Southern North Sea.
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5 August 2019
ExxonMobil reports drop in profits for Q2 2019
ExxonMobil has announced its results for the second quarter (Q2) of 2019, reporting earnings of $3.1bn, a decrease of 15% from $4bn in Q2 2018.