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Drilling rig
Geothermal Drilling
North Tech Drilling Acquires New Drilling Rig to Support Expanded Geothermal Activities
Iceland-based North Tech Drilling has acquired a new, advanced drilling rig to support growing demand for drilling in the aquaculture and geothermal industries.…
Geothermal Drilling
Deeppower Reports Progress on Novel Geothermal Drilling Technology
DeepPower Inc. and the University of Oklahoma have unveiled a new drilling rig that has been designed for faster and more efficient geothermal drilling.
Service Operation Vessel
Petronas Takes Three Velesto Jack-up Rigs for Drilling Ops off Malaysia
Malaysian rig owner Velesto has secured work with an estimated combined contract value of $128 million for three jack-up drilling rigs for operations in Malaysi…
Oil&Gas Drilling
GCC Drilling Rig Supply to Increase by 11PC Between 2023- 2027
The first quarter of 2023 has continued the trend of land rigs from the latter stages of 2022, with utilisation remaining high in the US and Gulf Cooperation Co…
Geothermal Power Plant
Dominica Geothermal Project Proceeds to Drilling of Reinjection Well
Drilling rig at Dominica (source: PM Roosevelt Skerrit)Drilling of the first reinjection well for the Dominica geothermal power project is now set to start foll…
Oil Price
Oil Prices Steady as Build-up in Us Crude Stocks Eases Supply Fears
Workers on an oil drilling rig in Stanton, Texas. US crude stocks increased by 2.4 million barrels last week, the US Energy Information Administration said. AFP…
Oil Exploration
All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Shelf Drilling’s jack-up …
Geothermal Power Plant
Drilling Commences for Geothermal Project at Potsdam, Germany
Drilling rig at Potsdam, Germany (source: YouTube screenshot / SWPPotsdam)Two weeks before the end of 2022, the local utility of Potsdam in Germany, Energie und…
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-…
Singapore
Keppel Cancels Three Contracts
Singapore’s Keppel has terminated contracts with three different clients related to orders for a jack-up drilling rig, a tender-assist rig, and a liftboat.
Natural Gas
After more than a Week, Gas is Still Leaking on the North Slope
Ten days after a natural gas leak was discovered at its Alpine oil development on Alaska’s North Slope, ConocoPhillips is still trying to identify the exact so…
Finland
Finnish Geothermal Heat Player QHeat Secures EUR 3.3m Loan for Drilling Rig
Finnish Climate Fund has granted EUR 3.3m loan to Finnish geothermal heat exchange player QHeat to acquire more efficient drilling rig to target medium-deep geo…
Geothermal Power Plant
Drilling Begins at Geothermal Project in Lavey-les-Bains, Switzerland
On January 17, 2022, the drilling rig will grind into action in Lavey-les-Bains, so a release by the developer shared today.
Crude Oil
U.S. Oil Rig Count Jumps Along With Crude Prices
The number of active drilling rigs in the United States last week rose by 7, bringing the total to 586 as oil prices remain relatively strong despite the fresh …
Philippines Ready To Claim Oil Resources With Military
The disputed South China Sea may soon see an escalation in tensions over oil drilling rights between China and the Phillippines
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