Saudi Arabia - joining the dots

A series of blog entries exploring Saudi Arabia's role in the oil markets with a brief look at the history of the royal family and politics that dictate and influence the Kingdom's oil policy

AIM - Assets In Market

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Iran negotiations - is the end nigh?

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Yemen: The Islamic Chessboard?

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Acquisition Criteria

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Valuation Series

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Showing posts with label Cragganmore. Show all posts
Showing posts with label Cragganmore. Show all posts

Monday 25 March 2019

CNOOC to drill in the West of Shetlands


CNOOC has contracted the Island Innovator rig from Island Drilling Company for the drilling of the Howick prospect in Block 206/21 in the West of Shetlands. CNOOC is 100% operator of the block

CNOOC also has Cragganmore discovery in Block 208/17A which is planned to be further appraised, potentially in 2019. CNOOC is operator of Cragganmore with 70% interest; INEOS is a 30% partner.