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
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Starling Bank to scrap 3.25% interest rate from popular current account within days
Starling is to remove the generous 3.25% it pays on current accounts from next week – what does this mean for customers and should you move?
By Katie Williams Published
-
Top 20 UK areas where house prices have ballooned in last 25 years
Some parts of the UK have seen house prices grow by 652% since the turn of the millennium
By Daniel Hilton Published