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Here’s a roundup of the latest E&P headlines including a reserves update in the Western South China Sea and a FLNG conversion announcement from the past week in the upstream oil and gas industry.
The US-based global energy services giant Weatherford International announced that it has received a five-year contract exceeding US$500mn from Petroleum Development Oman (PDO) to deliver integrated drilling services in the Marmul and Grater Saqar fields.
Weatherford International has received a five-year contract exceeding $500 million from Petroleum Development Oman ( PDO ) to deliver Integrated Drilling Services in the Marmul and Grater Saqar fields. Operations are targeted to begin in the fourth quarter of 2022.