UK government partners with industry on UKH2 Mobility project for hydrogen fuel cell electric vehicles
ABB, 4R Energy, Nissan North America and Sumitomo to evaluate the reuse of the Nissan LEAF battery for commercial purposes

Tullow Oil and Shell sign MoU for new frontier exploration around Atlantic Basin

Tullow Oil and Shell have signed a non-binding Memorandum of Understanding (MoU) to partner for new frontier exploration in select basins and geological plays around the Atlantic Basin.

Tullow and Shell will pursue and evaluate transformational geological plays in underexplored frontier basins. This partnership combines the knowledge base and specialist capabilities of both companies to allow more effective de-risking and development in areas of mutual interest, according to Tullow.

In September 2011, Shell, as part of a Tullow-operated joint venture, confirmed a deepwater oil discovery in the Guyane Maritime permit approximately 150 kilometers offshore French Guiana. The GM-ES-1 well is being drilled in a water depth of more than 2,000 meters (6,562 feet) and to date has drilled to a depth of 5,711 meters (18,737 feet). (Earlier post.)


The comments to this entry are closed.