Salamander Energy announces arrival of rig
Salamander Energy, the upstream oil and gas company focused on Thailand and Indonesia, has said the Atwood Mako jack-up rig has arrived on location and begun development drilling from the Bualuang Alpha platform on the group's B8/38 licence in the Gulf of Thailand.
Salamander Energy, the upstream oil and gas company focused on Thailand and Indonesia, has said the Atwood Mako jack-up rig has arrived on location and begun development drilling from the Bualuang Alpha platform on the group's B8/38 licence in the Gulf of Thailand.
The Mako is on long-term contract, and will initially complete a short development drilling programme on the Bualuang Alpha Platform.
Salamander will then be using the rig to drill two exploration prospects in the Greater Bualuang area ahead of an extended development drilling campaign from the Bualuang Bravo platform from the end of October.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
NR
-
Parental contributions to kids' university living costs could reach £14,000 a year
Parents helping kids with university living costs face contributions of up to £14,000 per year, according to a report from HEPI and TechnologyOne.
By Oojal Dhanjal Published
-
Rightmove: property asking prices hit record high
News Rising demand for top of the ladder home is boosting asking prices, Rightmove research shows. Is now a good time to sell a property?
By Marc Shoffman Published