Gas drilling

Oil&Gas Drilling

Eni Gets Approval to Develop Two Major Gas Fields in Indonesia’s Kutei Basin

Eni has received approval from Indonesian authorities for the development of two major gas fields, Geng North and Gehem, in the Kutei basin. The approval includ…

Oil&Gas Drilling

Egypt Plans to Return Oil, Gas Production to Normal From 2025, PM Says

Egyptian Prime Minister Mostafa Madbouly attends a press conference during his visit to the the Rafah border crossing to enter Gaza, amid the ongoing conflict b…

Oil&Gas Drilling

Mexico’s Pemex Gets Approval to up Investment in Deepwater Field Lakach by $400 Million

Signage of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Purch…

Oil&Gas Drilling

Shelf Drilling’s Backlog Reaches $2.1 Billion With 33 Out of 36 Rigs Busy With Work

UAE-headquartered offshore drilling contractor Shelf Drilling has pushed its total contract backlog to $2.1 billion at the end of the second quarter of 2024. Th…

Oil & Gas Trade

Oil Producer APA Explores $1-Billion Sale of Permian Assets, Sources Say

An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. REUTERS/Ernest Scheyder/File Photo Purchase Licensing RightsAPA Cor…

Oil&Gas Drilling

US Government Allocates $775M for Orphaned Oil and Gas Well Cleanup

DOI’s new $775m funding aims to address orphaned oil and gas wells across 21 states. (Credit: U.S. Department of the Interior)The US Department of the Int…

Oil&Gas Drilling

US Drillers Cut Oil and Gas Rigs for Second Time in Three Weeks

Drill pipe is seen on a drilling site in the Permian Basin oil and natural gas production area near Wink, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File P…

Oil&Gas Drilling

Gulf of Thailand Development Starts Producing Oil

Canada-based oil and gas company Valeura Energy has achieved the first oil production from a development located off the coast of Thailand, said to be a result …

Oil&Gas Drilling

DNO Norge Cleared to Drill Wildcat Well in North Sea off Norway

DNO Norge, a subsidiary of Norwegian oil and gas operator DNO, has been granted a drilling permit for a wellbore in the North Sea by the Norwegian Offshore Dire…

Oil&Gas Drilling

Iraq Initials 13 Exploration Deals as Seeks to Focus on Natural Gas

Iraq's Oil Minister Hayan Abdel-Ghani attends the fifth plus and sixth licensing rounds for 29 oil and gas exploration blocks at the Oil Ministry's head…

Oil&Gas Drilling

China-built largest international offshore oil platform delivered

A view of the heaviest international offshore oil and gas platform in Qingdao, east China's Shandong Province. /CMGThe heaviest international offshore oil a…

Oil&Gas Drilling

US Drillers Add Oil and Gas Rigs for Third Time in Four Weeks - Baker Hughes

A pulling rig is erected at an oil well in the middle of a cotton field to swab the well in Seminole, TX, U.S. September 19, 2019. Picture taken September 19, 2…

Oil&Gas Drilling

US Oil/Gas Rig Count Rises in July in Biggest Monthly Hike Since Nov 2022 - Baker Hughes

U.S. energy firms this week added oil and natural gas rigs for a second week in a row, boosting the monthly count by the most since November 2022, energy servic…

Oil&Gas Drilling

Equinor Picks Valaris for $500 Million Drilling in Brazil

The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, Ma…

Oil&Gas Drilling

UK-Based Company Wins Multiple Contracts for Deepwater Oil Field Project off Brazil

UK-headquartered AIS has secured multiple contracts to supply a comprehensive range of subsea ancillary solutions on a major deepwater oil field development loc…