Oil&Gas Drilling

Oil & Gas
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
Opec+ slashed its output by 2 million barrels per day in October last year. ReutersOpec+ will most likely roll over its existing output cuts when it meets on Ap
Oil & Gas
Japanese Firm Taking Over Country’s Only Offshore Drilling Contractor to Fortify Its Oil & Gas Business
Hakuryu-11 jack-up rig; Source: JDCJapan’s oil and gas player JX Nippon Oil & Gas Exploration Corporation is in the process of acquiring the country&rsquo
Oil & Gas
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
Eco Atlantic Notes Africa Oil Corp. Compliant Report on Offshore South Africa Exploration Blocks
(WO) – Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, has noted Africa Oil Corp.’s pub
Oil & Gas
Reelwell as Announces Frame Agreement With Equinor to Provide Drill Pipe for Their Operations
The company has announced the signing of a frame agreement with Equinor ASA to provide DualLink™ powered and wired drill pipe for their operations, ahead
Oil & Gas
Market Insights on Offshore Drilling Riser & Up-To-Date Key Trends
The global offshore drilling riser market was estimated to reach a valuation of USD 3.8 Billion in the year 2022. With a steady CAGR of 2.2% from 2023 to 2033,
Oil & Gas
Shell, Qatar energy make light oil discovery offshore Namibia
(WO) – QatarEnergy made a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia.The
Oil & Gas
Namibia’s Exploration Multi-Well Drilling Campaign Begins Amidst High Expectation
TotalEnergies’ move to direct $300 million – half of its 2023 budget – in exploring Namibian basins this yearAfrica-focused independent explor
Oil & Gas
14% Increase in Offshore Drilling in North America Makes Usa’s Petroleum Liquid Feedstock Market Highly Important for the Economy
FMI anticipates that the global petroleum liquid feedstock market valuation could reach US$ 313 billion in 2023. As per the projection of the analysts, the mark
Oil & Gas
Valaris Awarded 330-Day Contract Extention by Shell Nigeria for Valaris Ds-10
Valaris has been awarded a 330-day priced option exercised by Shell Nigeria Exploration and Production Company (SNEPCo) offshore Nigeria for drillship VALARIS D
Oil & Gas
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 & Gas
Egypt Plans 3 Tenders for Oil and Gas Exploration, Production in 2023 -Minister
Flames rise from an oil refinery in Cairo, May 6, 2008. Image used for illustrative purpose.Reuters Images/Nasser NuriEgypt plans to offer three international t
Oil & Gas
Petrogas Picks Umbilicals Provider for North Sea Gas Fields
JDR, part of TFKable Group, has secured a contract from Petrogas E&P Netherlands for the supply of two umbilicals for offshore conventional gas fields in the Ne
Oil & Gas
US Issues Licence to Trinidad to Develop a Venezuelan Offshore Gas Field
The US Treasury Department has granted a licence to Trinidad and Tobago to develop the 350 mcf/d (3.6 bcm/year) Dragon natural gas field, located in Venezuelan
Oil & Gas
Colombia Will Not Issue New Oil and Gas Exploration Contracts
The Colombian Ministry of Mines has announced that Colombia would not issue new oil and gas exploration contracts, and will now rely on tourism and green energy

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Most views from Oil&Gas Drilling

Turkey Seeks Agreement With Syria on Offshore Energy E&P

Oil&Gas Drilling

OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals

Japanese Firm Taking Over Country’s Only Offshore Drilling Contractor to Fortify Its Oil & Gas Business

Biden Administration Approves Alaska Oil Drilling Project

Eco Atlantic Notes Africa Oil Corp. Compliant Report on Offshore South Africa Exploration Blocks

Reelwell as Announces Frame Agreement With Equinor to Provide Drill Pipe for Their Operations

Market Insights on Offshore Drilling Riser & Up-To-Date Key Trends

Shell, Qatar energy make light oil discovery offshore Namibia

Namibia’s Exploration Multi-Well Drilling Campaign Begins Amidst High Expectation

14% Increase in Offshore Drilling in North America Makes Usa’s Petroleum Liquid Feedstock Market Highly Important for the Economy

Valaris Awarded 330-Day Contract Extention by Shell Nigeria for Valaris Ds-10

BP Conducts New Drilling Operation in Azerbaijan for First Time

Egypt Plans 3 Tenders for Oil and Gas Exploration, Production in 2023 -Minister

Petrogas Picks Umbilicals Provider for North Sea Gas Fields

US Issues Licence to Trinidad to Develop a Venezuelan Offshore Gas Field

Colombia Will Not Issue New Oil and Gas Exploration Contracts

Turkey Seeks Agreement With Syria on Offshore Energy E&P

U.S. Shatters Oil Production Records in 2023

Chevron Cleared to Start up Gorgon and Jansz Feed Gas Pipeline and Wells

ReconAfrica Commences Drilling Operations in Kavango Basin

U.S. Sanctions Deadline is Threatening to Clobber Venezuela's Dwindling Oil-Rig Fleet

UAE Shipyard Welcomes Saudi Arabian Drilling Rig for Maintenance Operations