Equipment & Logistics News Oil & Gas

i3 awards Serenity appraisal well drill contract

i3 Energy plc has awarded Petrofac the contract to drill the Serenity appraisal well in the Outer Moray Firth. STENA DON Petrofac Facilities Management Ltd will have three years to work on licence P2358 block 13/23c. PFML has an existing contract with Stena Drilling Ltd for the use of the Stena Don, a harsh environment, […]

News Oil & Gas

i3 agrees Europa farm-in for Serenity oil field

i3 Energy plc has agreed 25% non-operated working interest farm-in for the Serenity oil discovery to Europa Oil & Gas (Holdings) Ltd. DISCUSSIONS Europa’s interest is in a sub-area of licence P2358 Block 13/23c, containing Serenity, for which it recently raised £7 million. The company will fund a 46.25% paying interest for one appraisal well […]