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Oil&Gas Drilling
Oil & Gas
Demand For Offshore Oil Rigs To Return In 2022
Demand for offshore rigs will slump this year as a result of the pandemic and the low oil prices that are forcing offshore operators to delay drilling activitie
Oil & Gas
Neptune Energy Makes 'Significant' Oil Discovery in Norway
Britain's Neptune Energy and its partners have discovered oil at a jointly owned drilling license in the Norwegian part of the North Sea.
Oil & Gas
U.S. Offshore Rig Count at 12 for Four Weeks Straight
The U.S. offshore rig count has remained flat for another week, making this the fourth week straight with 12 active units.
Oil & Gas
Aral to Build more than 100 350kW Ultra-Fast Charging Points at Retail Sites in Germany
Following a successful 12-month pilot project at five of its retail sites, Aral, bp’s market leading fuel retail brand in Germany.
Oil & Gas
Eni Confirms Gas Potential in Discovery Offshore Vietnam
Italian oil and gas company Eni has discovered a significant hydrocarbon accumulation on the Ken Bau discovery located in Block 114, Song Hong Basin, offshore V
Oil & Gas
Russia's Gazprom Neft and Shell Launch JV for Hydrocarbon Development
Russian oil producer Gazprom Neft (SIBN.MM) on Tuesday said it had signed an agreement with Shell (RDSa.L) to establish a joint venture to develop a large-scale
Oil & Gas
Iran Expected to Produce 2.7bn More Barrels of Oil from Shared Azadegan Field
Iran is expected to produce some 2.7 billion more barrels of oil amounted to dlrs one trillion, Petroleum Minister Bijan Zangeneh said on Monday.
Oil & Gas
US Oil & Gas Rig Count Falls to Record Low for 11th Week: Baker Hughes
The US oil and gas rig count, an early indicator of future output, fell by five to an all-time low of 253 in the week to July 17.
Oil & Gas
Global Oilfield Services Under Pressure from Oil Price Drop
Exploration-focused oilfield service companies will face the largest demand decline as a result of oil and gas producers cutting their capex and operating expen
Oil & Gas
Oil And Gas Drilling Set For A Multi-Decade Low In 2020
The number of drilled wells globally is expected to reach around 55,350 this year, the lowest since at least the beginning of the century.
Oil & Gas
Africa Energy to Spud Luiperd-1 in September
Africa Energy Corp. has announced that the Odfjell Deepsea Stavanger semi-submersible rig has departed Bergen.
Oil & Gas
Eni Makes New Gas Discovery off Egypt
Eni announced that it had successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta.
Oil & Gas
Odfjell Rig Heads to South Africa for Total Drilling Campaign
Odfjell Drilling's semi-submersible drilling rig Deepsea Stavanger has mobilized from Norway to South Africa for a drilling campaign with Total.
Oil & Gas
Trump Administration has Denied most Onshore Drilling Relief Requests
Trump administration has rejected most land-based oil and gas companies' requests for royalty breaks.
Oil & Gas
Sonatrach Prepares to Resume Exploration in Libya
Algerian and Libyan oil sector officials are currently holding talks to relaunch exploration by Sonatrach on Libyan soil.
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