Oil&Gas Drilling

Oil & Gas
US Drillers Add Oil and Gas Rigs for Third Time in Four Weeks, Says Baker Hughes
U.S. energy firms increased oil and natural gas drilling activity this week, marking the third rise in four weeks, according to Baker Hughes’ weekly repor
Oil & Gas
Equatorial Guinea to Open Its 2026 Oil and Gas Licensing Round in April
Equatorial Guinea will open a new oil and gas licensing round in April 2026 to encourage exploration and offset declining oil production, Minister of Hydrocarbo
Oil & Gas
China’s Independent Oil Firms Elbow Into Iraq’s Majors-Dominated Market
China's independent oil companies are significantly increasing their investments in Iraq, a major OPEC producer, with plans to double their output to 500,00
Oil & Gas
NIDC Drilling Operations Complete 20 Wells in Two Months
The National Iranian Drilling Company (NIDC) successfully completed the drilling of 20 onshore oil and gas wells over a two-month period ending May 21, utilizin
Oil & Gas
Drillers in Canada Shift to Natural Gas as Trade War Drives Down Oil Prices
In Alberta, Canada’s primary energy region, drilling companies are increasingly focusing on natural gas due to declining oil prices driven by global marke
Oil & Gas
Russia Oil Drilling at Fastest Pace in 5 Years as Curbs Ease
Russia’s oil producers have intensified drilling activities, reaching levels unseen in at least five years, preparing for potential increases in OPEC+ out
Oil & Gas
Transocean Equinox Rig Arrives to Embark On Otway Basin Exploration
The Transocean Equinox rig has reached the Otway Basin, advancing the Otway Exploration Drilling Programme (OEDP) set for 2025. This initiative, led by ConocoPh
Oil & Gas
Oil Production Starts at Equinor’s Norwegian Field, Ushering in ‘New Era’ for Barents Sea
Norwegian state-owned energy giant Equinor has successfully started production at the Johan Castberg field in the Barents Sea, marking a significant milestone i
Oil & Gas
Trump Administration to Open More Alaska Acres for Oil, Gas Drilling
U.S. Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipelin
Oil & Gas
TechnipFMC Signs Deepwater Exploration Agreement With India’s Largest Private E&P Co.
Cairn Oil & Gas, part of Vedanta Group and India’s largest private oil and gas exploration and production company, has entered into a strategic alliance with T
Oil & Gas
BP Plans to Explore for New Oil in Azeri Caspian Sea
BP (BP.L), plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told.Logo of British Petrol BP is seen at petrol
Oil & Gas
China Extends Subsidies for Unconventional Gas Drilling
China is extending a subsidy program to support unconventional natural gas drilling as it continues to push for new domestic supplies to ensure energy security.
Oil & Gas
Algeria’s Sonatrach, China’s Sinopec Sign $850 Million Contract for Hydrocarbon Development, Exploratio
The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 20, 2019.On Tuesday, February 25, 2025, Algeria&rsqu
Oil & Gas
CNOOC Starts Production in Luda 5-2 North Phase 2 in Bohai Sea
'CNOOC Limited made major technological breakthroughs in this project and significantly enhanced the development efficiency of offshore super heavy oil'
Oil & Gas
CNOOC Limited Brings On-Stream Luda 5-2 North Oilfield Phase II Development Project
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Luda 5-2 North Oilfield Phase II Development

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

Equatorial Guinea to Open Its 2026 Oil and Gas Licensing Round in April

China’s Independent Oil Firms Elbow Into Iraq’s Majors-Dominated Market

NIDC Drilling Operations Complete 20 Wells in Two Months

Drillers in Canada Shift to Natural Gas as Trade War Drives Down Oil Prices

Russia Oil Drilling at Fastest Pace in 5 Years as Curbs Ease

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Oil Production Starts at Equinor’s Norwegian Field, Ushering in ‘New Era’ for Barents Sea

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TechnipFMC Signs Deepwater Exploration Agreement With India’s Largest Private E&P Co.

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