Drill

Oil&Gas Drilling

Breathing New Life Into Oil Rigs

While it is expected that a day will come for the offshore oil and gas infrastructure to be retired at the end of active service life, does this have to be the …

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.…

Oil Price

Oil Prices Rise Over $2 On Drawdown In U.S. Crude Stocks

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus MordantHOUSTON, Dec…

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 …

Crude Oil

Oil Rises On Hopes For China's Economy; Recession Fears Limit Gains

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus MordantNEW YORK, De…

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…