Gas drilling

Oil&Gas Drilling

Oil And Gas Drilling Set For A Multi-Decade Low In 2020

The number of drilled wells globally is expected to reach around 55,350 this year, the lowest since at least the beginning of the century.

Oil&Gas Drilling

Africa Energy to Spud Luiperd-1 in September

Africa Energy Corp. has announced that the Odfjell Deepsea Stavanger semi-submersible rig has departed Bergen.

Oil&Gas Drilling

Eni Makes New Gas Discovery off Egypt

Eni announced that it had successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta.

Oil&Gas Drilling

Odfjell Rig Heads to South Africa for Total Drilling Campaign

Odfjell Drilling's semi-submersible drilling rig Deepsea Stavanger has mobilized from Norway to South Africa for a drilling campaign with Total.

Oil&Gas Drilling

Trump Administration has Denied most Onshore Drilling Relief Requests

Trump administration has rejected most land-based oil and gas companies' requests for royalty breaks.

Oil&Gas Drilling

Sonatrach Prepares to Resume Exploration in Libya

Algerian and Libyan oil sector officials are currently holding talks to relaunch exploration by Sonatrach on Libyan soil.

Oil&Gas Drilling

Oil Rigs Disappearing Across Africa at a Record Pace

Low oil prices are forcing drillers to dramatically curtail risky exploration, especially in frontier regions such as Africa.

Oil&Gas Drilling

Norway Offers 36 Oil Exploration Blocks in Already Opened Areas

Energy companies can apply to explore for oil and gas in 36 new exploration blocks off Norway, the country's oil and energy ministry said on Friday.

Oil&Gas Drilling

Equinor Approved to Use Transocean Norge for Exploration Drilling in the Norwegian Sea

The Norwegian oil safety authority has agreed to allow Equinor to use TransoceanNorge to plug and drill the 6407/1-a-3bh /CH well.

Oil&Gas Drilling

OPEC+ may be Able to Ramp up Oil Production in 2021: IEA

The IEA predicts oil demand will grow 3 million b/d more than supply in 2021, as it released its first estimates for next year in its June 16 outlook, which wou…

Oil&Gas Drilling

Turkey Says May Begin Oil Exploration Under Libya Deal in 3-4 months

Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya that was condemned by others in the …

Oil&Gas Drilling

U.S. Rig Count Plunges Again

The number of operating U.S. oil and gas rigs plunged again this week in its twelfth week of losses, according to Baker Hughes.

Oil&Gas Drilling

UAE's ADNOC to Cut July Crude Nominations by 5% After OPEC+ Pact

State-run Abu Dhabi National Oil Company (ADNOC) has informed customers of a cut in its crude oil nominations for July in line with a decision by OPEC+ last mon…

Oil&Gas Drilling

ConocoPhillips Receives Consent to Use Valaris rig for Ekofisk Wells

Oil and gas exploration company ConocoPhillips has received consent from the Norwegian offshore safety watchdog Petroleum Safety Authority (PSA), to use a Valar…

Oil&Gas Drilling

Saipem and Equinor Sign Major Engineering Services Pact

Norwegian energy firm Equinor has awarded Italian oilfield service company Saipem a two-year frame agreement to provide engineering services globally.