Tullow hires rig to restart TEN drilling

Tullow Oil PLC will restart development drilling in the TEN oil fields offshore Ghana with the Maersk Venturer drillship, for which it has signed a contract for up to 4 years. It also will use the ship for drilling in Jubilee oil field. Source: News


Gazprom Neft drills quadruple multilateral well

Gazprom Neft subsidiary Gazpromneft-Yamal LLC completed Russia’s first multilateral well with four horizontal cased-hole sidetracks at Novoportovskoye oil, gas, and condensate field. Source: News


MARKET WATCH: NYMEX, Brent oil prices strengthening

Light, sweet crude prices approached 3-year highs on Jan. 10 pending a US decision on whether to extend temporary waivers on sanctions against Iran. Oil prices rose in early Jan. 11 trading on the New York market. Source: News


US Chamber chief wants energy included in infrastructure discussions

US Chamber of Commerce Pres. Thomas J. Donohue said oil and gas pipelines and electricity transmission systems must be included as he listed US infrastructure improvements as a top priority in 2018 in his annual State of American Business address on Jan. 10. Source: News