The Kyzyloi contract area has been increased by 56% to 449 sq km (173 sq miles).
Gary Luquette has been appointed president and CEO of Frank’s International, succeeding D. Keith Mosing.
Platform operator Energy XXI reports that there are gas bubbles intermittently rising to the surface and no other pollution has been observed. No one was injured.
Saudi Arabian Oil Co. plans to start natural gas production at a field near Jordan next year as the world’s biggest crude exporter is “investing big in gas,” CEO Khalid Al-Falih said.
The Binh Minh 2 vessel has completed the program in the SS-11 exploration block.
With production of 9.5 MMbbl/d and exports of 7 million, Saudi Arabia accounts for more than a 10th of global supply and a fifth of crude sold internationally.
Swala Oil & Gas Tanzania Plc will push ahead with drilling plans in the East African Rift system this year, undeterred by the recent collapse in oil prices.
MDU Resources Group Inc. has announced that Pat O’Bryan will become CEO of its Fidelity Exploration & Production Co.
Stephen Riney will be appointed as executive vice president and CFO for Apache Corp., the company said in a news release. He is scheduled to begin in February.
A Labour Party amendment to the Infrastructure Bill working its way through Parliament will mean barring hydraulic fracking unless 13 gaps in regulation are filled, it said in a statement.
For the last 10 days, the well has averaged about 1,135 bbl/d gross.
The new acquisition program has been designed to complement the newly acquired Geoscience Australia research survey in the Houtman Basin.