Singapore-based KrisEnergy is increasing its stake offshore Vietnam by taking over operatorship and all of Eni Vietnam’s interest. Map of Block 105. From KrisEnergy. Block 105 that covers 7192sq km at 20-80m water depth…
Singapore-based KrisEnergy increased its stake in Blocks 105 and 120 offshore Vietnam. Map of Block 105. From KrisEnergy. KrisEnergy now holds 33.33% in each block after Neon Energy…
The Neon Energy board is moving forward with the “superior proposal” from Evoworld and calling off its merger plans with MEO Australia. Image from Neon. Neon entered into a bid implementation agreement (BIA) with Evoworld on 19 December…
Australian companies Neon Energy and MEO Australia announced they entered into a merger implementation agreement, under which the companies have agreed to merge by way of an MEO scheme or arrangement. Under the arrangement, MEO shareholders will receive 0…
Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm’s CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in…
Industry Minister Ian Macfarlane announced the award of nine new permits located in Commonwealth waters offshore Western Australia, Victoria, and the Territory of Ashmore and Cartier Islands as part of round one of the Australian government’s 2013 Offshore Petroleum Exploration Acreage Release…
KrisEnergy Ltd. completed drilling and testing of the Cua Lo-1 exploration well in Block 105-110/04 off Vietnam.The Cua Lo-1 well was drilled to a measured depth of 2,867 m. Based on log interpretation, several gas bearing sandstone reservoirs were identified…
Eni's Vietnam subisidiary, Eni Vietnam BV, has spud the Ca Ngu-1 exploration well off central Vietnam, partner KrisEnergy announced. The Ca Ngu-1 well, which is being drilled by the Songa Mercur semisubmersible rig, is located in the Gulf of Tonkin in Block 120…
Eni has spud the Cua Lo-1 exploration well located in Block 105-110/04, in the Gulf of Tonkin, off Vietnam, partners Neon Energy and KrisEnergy announced. The well, spud on August 11, 2013, is designed to test the large Cua Lo gas prospect…
Multiple zone single trip completion systems have been out there for quite some time. It wasn’t until the 1990s that Schlumberger started to invest in the time-saving aspects of single-trip multizone completions, Bryan Stamm, technology manager for Schlumberger’s sand control division…
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