Higher prices and unconventional drilling drive proved reserves additions
Reserves life at current production rates is 17 years
Continuing success in exploration and strategic acquisitions in Guyana and Brazil add high-quality resources
Siccar Point Energy has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending Facility (“RBL”).
As of 1 August 2018, Dr. Christoph Göttlicher has joined AUMA Management as Chief Technical Officer (CTO). In his new role he is responsible for Product Management, Research & Development, Business Development and Innovations within the global AUMA Group.
A project to develop a new UK oil and gas skills strategy has been launched following wide spread industry and government support for the findings in OPITO’s UKCS Workforce Dynamics Review.
Proserv, an energy services company, today announced the completion of a successful financial restructuring, strengthening the long term plans of the company.