Drilling

Geothermal Power Plant

Nevis Geothermal Venture Advances

Image: Jonathan Spencer JonesUS$17 million in financing has been approved by the Caribbean Development Bank for the geothermal energy project on Nevis.The finan…

Oil&Gas Drilling

Somalia Rejects Genel Energy’s “Illegal Claim” to Oil Permits

NAIROBI, Dec 28 (Reuters) - Somalia rejected on Wednesday what it called an "illegal claim" by Genel Energy (GENL.L) to oil exploration and exploitation rights …

Oil&Gas Drilling

Allseas to Deliver ‘One of the Heaviest Offshore Installation Projects in History’

Allseas has won a contract with Aker BP for the delivery of offshore transport and installation (T&I) services for a new processing platform topsides facility w…

Oil&Gas Drilling

IOG Sketches Well Plan for North Sea Gas Project

UK-headquartered IOG plc is planning to drill the second Blythe production well directly after the Southwark A1 well in the first half of 2023 as part of the Sa…

Oil & Gas Supply

Turkey Announces Big Boost in Black Sea Gas Reserves

Upward projection could help Ankara realise its goal of becoming an energy hub for the regionScarabeo 9, a 115-metre-long, 78-metre-high Frigstad D90-type semi-…

Oil&Gas Drilling

Chinese Company Awarded Exploration Rights to Five Hydrocarbon Blocks in Mozambique

Sixth block awarded to Italy’s ENI; first period of exploration expected to allow investments of around US$370 million, and opening of four wells in deep …

Oil & Gas Trade

New Petrobras’ FPSO Begins Production

Brazilian oil and gas company Petrobras has put into operation its new floating, production, storage and offloading (FPSO) vessel P-71, ahead of the expected st…

Natural Gas

Eni Scores Gas God Off Cyprus

The Italian company said it would incorporate the well results into its evaluation of the area. Eni has its eye on a fast-track development in Block 6, it said.…

Geothermal Power Plant

Five Financial Institutions To Support Maasdijk Geothermal Heating Project, Netherlands

Drilling operations at Maasdjik, Netherlands (source: Video screenshot, Aardwarmte Maasdijk)Five financial institutions – BNG Bank, ING Bank, the Cooperat…

Oil&Gas Drilling

Rig Workers Evacuated Following Issue On Noble Jack-up

Offshore drilling contractor Noble Corporation has evacuated all rig personnel after an issue was found on one of the legs of a Noble Corporation-owned jack-up …

Carbon Emissions

U.S. Seeks to Limit Flaring and Methane Leaks from Public Lands Drilling

President Joe Biden's administration on Monday proposed rules aimed at limiting methane leaks from oil and gas drilling on public lands, Washington's latest mov…

Oil&Gas Drilling

Biden Says “No More Drilling” at a Rally

“No more drilling…there is no more drilling,” said U.S. President Joe Biden at a campaign rally in New York state on Sunday when asked by a person in the cro…

Oil&Gas Drilling

Drillers Ask U.S. To Exempt Smallest Wells From Looming Methane Rule

Oil and gas companies have asked the Biden administration to exempt hundreds of thousands of the nation's smallest wells from upcoming rules requiring drillers …

Oil&Gas Drilling

ADNOC Awards Record US$4bn in Framework Agreements for IDFS

In a positive move for lower energy cost & low carbon intensive production, contracts have been awarded to ADNOC Drilling, SLB and Halliburton.

Oil Field

Pioneer Natural Resources to Increase Return Targets for Oil Wells

U.S. shale oil producer Pioneer Natural Resources will reshuffle its drilling portfolio next year to target wells with potentially higher returns, a move to boo…