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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…

Geothermal Drilling

UK-Based Firm Engaged for Geothermal Exploration and Development in Bougainville

Bagana volcano in Bougainville island, Papua New Guinea (source: Stellae Energy)UK-based Green Energy Solutions and Assets Company Stellae Energy Ltd (Stellae) …

Geothermal Heating Project

Drilling Confirms Geothermal Resource in Gniezno, Poland

Drilling rig in Gniezno, Poland (source: Gniezno Nasze Miasto)Drilling operations have confirmed the presence of geothermal fluids at a temperature of about 70 …

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…

Geothermal Power Plant

Kengen Set to Invest USD 248 Million for Olkaria VII Geothermal Power Plant, Kenya

Geothermal well, Olkaria/ Kenya (source: Scientific Drilling International)Regulatory filings have indicated that state-owned utility KenGen is planning to buil…

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…

Geothermal Drilling

Tender Being Prepared for Geothermal Drilling in Kalisz, Poland

Kalisz, Poland (source: City of Kalisz official website)The City of Kalisz in Poland is currently preparing documents for a tender for the drilling of prospecti…

Geothermal Drilling

Geothermal Cooperation Signed Between HSGME and Iraklia Municipality, Greece

Geothermal production well Li-2NP, 352.5m deep, produces waters of 73,5 C in the Lithotopos-Iraklia geothermal field (Photo: HSGME)On 6 August 2024, the Municip…

Geothermal Power Plant

Ijen Geothermal Power Plant in Indonesia Targets 2024 COD

Drilling start at Ijen project, East Java, Indonesia (source: Medco Power)The 34-MW Phase 1 development of the Ijen geothermal power plant in East Java, Indones…

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 Trade

Energy Producer Maverick’s Owner Explores Sale Valuing It at $3 Billion, Sources Say

A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Purchase Licens…