Independent oil and gas company i3 Energy has awarded Baker Hughes, a GE company (BHGE), contracts for its 2019 summer drilling programme at Liberator and Serenity, as well as the 2020 Phase I development of Liberator.
The award covers directional drilling, drilling fluids, mudlogging, formation evaluation operations and wellheads and covers. BHGE has also agreed that £3 million of oilfield service and oilfield equipment contract payments will be payable after i3 has received its first sales revenues from Liberator Phase I. Read more…