Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

MOGL Continues Prepping for Hagar Qim 1 Spud

change text size

Mediterranean Oil & Gas Plc (MOGL) announced Monday that it has signed a service order with AGR Well Management for the provision of drilling engineering and rig procurement support for the drilling of the Hagar Qim 1 well, forecast to be spud in 4Q 2013 pending sourcing a rig for the operations.

MOGL also confirmed it has received clearance from HM Revenue and Customs in respect of the application of the substantial shareholding exemption to the sale by the company of 75 percent of its shareholding in Phoenicia Energy Company Ltd to Genel Energy plc. Completion of the transaction is expected at the end of this month.

MOGL Chief Executive Dr. Bill Higgs commented in a company statement:

"We are continuing to prepare for the drilling of Hagar Qim 1 in late 2013 and we are pleased to be working with AGR on this important phase of the project. AGR has a proven track record of providing drilling support services to Operators conducting exploration drilling activities. The closing of the transaction with Genel will enable our team to fully dedicate its time to preparing for the drilling operations offshore Malta."



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Gulf Marine Sees Extensions to Vessel ... (Jul 28)
 -  Technip Holds Naming Ceremony for New ... (Jul 28)
 -  Rose Moves from Ophir to Premier to Ta... (Jul 28)
 -  Husky Updates on Field Developments in... (Jul 25)
 -  Exillon Production Slows Further in Ju... (Jul 25)
Most Popular Articles
From the Career Center
Jobs that may interest you
Motorhand
Expertise: Motorman
Location: Oklahoma City, OK
 
Derrickhand
Expertise: Derrickman
Location: Oklahoma City, OK
 
Senior Materials Engineer - Metallurgy
Expertise: Metallurgist
Location: Houston, TX
 
search for more jobs