TAG Oil has provided the following update on drilling progress of the BED4-T100 horizontal well in the Badr Oil Field (BED-1) in the Western Desert of Egypt
Exploration
Côte d'Ivoire-based ICE OIL & GAS signs PSA on an offshore block in the West African country
ICE OIL & GAS, an emerging player in the exploration and production of hydrocarbons, signed a production sharing agreement with the State of Côte dIvoire on offshore block CI-705
88 Energy to partly acquire interest onshore Namibia
88 Energy has announced the execution of a three stage farm-in agreement with a wholly owned subsidiary of Monitor Exploration to earn up to a 45% non-operated working interest in onshore Petroleum Exploration Licence 93 (PEL 93), located in the Owambo Basin, Republic of Namibia
Tullow Oil signs oil marketing and offtake contracts with Glencore
Tullow Oil has entered into a US$400mn five-year notes facility agreement with Glencore Energy UK Limited (Glencore)
AVEVA expands strategic collaboration on data integration with Microsoft
AVEVA has expanded its strategic collaboration with Microsoft to further strengthen both companies’ data integration platforms to better prepare customers to incorporate AI in key industries across the world