Baker Hughes has acquired Altus Intervention, one of the leading international providers of well intervention services and down-hole oil and gas technology, with an aim to enhance Baker Hughes’ life-of-well capabilities as operators look to improve efficiencies from mature fields
Exploration
Crown Energy releases update on South Africa Block 2B
Block 2B licence Operator Azinam, a wholly owned subsidiary of Eco (Atlantic) Oil and Gas Limited, has released a Competent Person’s Report (CPR), which included an update on the gross prospective resource estimate for Block 2B offshore South Africa
Eni and Sonatrach announce oil and gas discovery in Algeria
Eni and Sonatrach have announced a significant oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert
Tullow completes pre-emption of Tano component of Kosmos Energy/Occidental Petroleum Ghana transaction
Tullow Oil has completed the pre-emption related to the sale of Occidental Petroleums interests in the Jubilee and TEN fields in Ghana to Kosmos Energy
Siemens Energy awarded B-BBEE level 1
Siemens Energy has been awarded B-BBEE level 1 within two years of its carve-out from Siemens