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Oil&Gas Drilling
Chevron Readies New Oil Drilling Push in Venezuela to Boost Output
A woman walks in the Chevron office as the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Car…
Oil & Gas Trade
Saudi Pif, Holders to Offer 30% Stake in Oil Driller Ades IPO
The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea, Norway, on Monday, Feb. 13, 2023. Equinor, Norway’s biggest o…
Oil&Gas Drilling
Ecuadorians Vote to End Oil Drilling in Parts of the Amazon
FILE - In this May 17, 2007, file photo, An aerial view of the Yasuni National Park, in Ecuador’s northeastern jungle. Ecuador’s government has issu…
Oil&Gas Drilling
Nigeria, Angola Now Africa's Biggest Oil Drilling Markets – Report
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude oil drilling markets in Africa, data from the June 202…
Oil&Gas Drilling
China Begins Drilling 32,800-Foot-Deep Hole in Oil-Rich Xinjiang Region
Forget digging a hole to China — now China’s the one digging the really deep holes.The Asian nation has begun drilling a more than 32,800-foot-deep hole …
Oil&Gas Drilling
Neptune Energy Awards $100 Million Drilling Contract to Tenaris
(WO) – Neptune Energy announced the award of a +$100 million contract to Tenaris to provide equipment and services to support drilling activities on the N…
Oil Exploration
Dril-Quip Subsea Trees in Place at Woodside’s Gulf of Mexico Field
U.S. manufacturer of drilling and production equipment Dril-Quip has completed the installation of subsea trees at a Woodside-operated oil and gas field in the …
Oil&Gas Drilling
COSL Rig Getting Ready for Its Gig off Kuwait
A rig, which is destined to work on a drilling campaign offshore Kuwait, is preparing for its assignment at a Chinese yard. The rig is slated to depart for Kuwa…
Oil Exploration
Greenlight for vår Energi to Put Floatel Unit to Work at North Sea Field
Norwegian offshore safety regulator has given Vår Energi consent to deploy one of Floatel’s semi-submersible support vessels at a field in the North…
Oil & Gas Supply
Biden Administration Approves Alaska Oil Drilling Project
Environmental groups fear for Alaska's wildlife. Photo: Eric FisherPresident Joe Biden's administration on Monday approved an oil drilling project on Al…
Oil&Gas Drilling
BP Conducts New Drilling Operation in Azerbaijan for First Time
In 2022, bp spent about $470m in operating expenditure and $1.6bn in capital expenditure on ACG activities, Azernews reports, citing a bp press release.During t…
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&Gas Drilling
Extra Time for Shelf Drilling Tenacious in Angola
Shelf Drilling reports that it has secured a further 12-month extension on the Shelf Drilling Tenacious jack-up rig in direct continuation of its current contra…
Oil&Gas Drilling
Biden Reverses Trump Move to Open up More Oil Drilling in Arctic
The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s l…
Oil Exploration
Drilling Firm Challenging Denial of Oil Exploration Efforts in Big Cypress Swamp
Burnett Oil Co. did not have a rendering of its proposed exploratory oil drilling facility it might build in the Everglades should permits be granted. This is a…
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