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Karoon Energy Ltd.

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About

Karoon is a global energy company headquartered in Australia with country offices in Brazil and Peru.

Editor's note: Updated May 15, 2020.

News

TechnipFMC Wins First iEPCI in Brazil for the Karoon Patola Field

TechnipFMC has been awarded its first integrated EPCI (iEPCI) contract in Brazil by Karoon Energy for the Patola field development, the company said on June 2.

Karoon Energy Finalizes Investment Decision on Patola Project in Brazil

The project is expected to cost between $175 million and $195 million to develop, which Karoon said it expects to fund through a syndicated facility agreement and cash.

Maersk Drilling Wins Two-Well Contract Extension in Brazil

Karoon Energy Ltd. has exercised an option to add the drilling of two development wells at the Patola field offshore Brazil to the work scope of the semi-submersible rig Mærsk Developer, Maersk Drilling said on June 2.

Best of This Week’s Drilling Activity Highlights (May 15, 2020)

The third-strongest well drilled to date in the Haynesville Shale completed by Comstock Resources and a Bone Spring discovery by Occidental Petroleum top this week’s drilling activity highlights from around the world.