Oil&Gas Drilling

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.
Oil & Gas
Oil Rigs Disappearing Across Africa at a Record Pace
Low oil prices are forcing drillers to dramatically curtail risky exploration, especially in frontier regions such as Africa.
Oil & Gas
Norway Offers 36 Oil Exploration Blocks in Already Opened Areas
Energy companies can apply to explore for oil and gas in 36 new exploration blocks off Norway, the country's oil and energy ministry said on Friday.
Oil & Gas
Equinor Approved to Use Transocean Norge for Exploration Drilling in the Norwegian Sea
The Norwegian oil safety authority has agreed to allow Equinor to use TransoceanNorge to plug and drill the 6407/1-a-3bh /CH well.
Oil & Gas
OPEC+ may be Able to Ramp up Oil Production in 2021: IEA
The IEA predicts oil demand will grow 3 million b/d more than supply in 2021, as it released its first estimates for next year in its June 16 outlook, which wou
Oil & Gas
Turkey Says May Begin Oil Exploration Under Libya Deal in 3-4 months
Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya that was condemned by others in the
Oil & Gas
U.S. Rig Count Plunges Again
The number of operating U.S. oil and gas rigs plunged again this week in its twelfth week of losses, according to Baker Hughes.
Oil & Gas
UAE's ADNOC to Cut July Crude Nominations by 5% After OPEC+ Pact
State-run Abu Dhabi National Oil Company (ADNOC) has informed customers of a cut in its crude oil nominations for July in line with a decision by OPEC+ last mon

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Oil&Gas Drilling

US Oil & Gas Rig Count Falls to Record Low for 11th Week: Baker Hughes

Global Oilfield Services Under Pressure from Oil Price Drop

Oil And Gas Drilling Set For A Multi-Decade Low In 2020

Africa Energy to Spud Luiperd-1 in September

Eni Makes New Gas Discovery off Egypt

Odfjell Rig Heads to South Africa for Total Drilling Campaign

Trump Administration has Denied most Onshore Drilling Relief Requests

Sonatrach Prepares to Resume Exploration in Libya

Oil Rigs Disappearing Across Africa at a Record Pace

Norway Offers 36 Oil Exploration Blocks in Already Opened Areas

Equinor Approved to Use Transocean Norge for Exploration Drilling in the Norwegian Sea

OPEC+ may be Able to Ramp up Oil Production in 2021: IEA

Turkey Says May Begin Oil Exploration Under Libya Deal in 3-4 months

U.S. Rig Count Plunges Again

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Saudi Arabia Announces Discovery of Seven Oil, Gas Deposits

Algeria’s Sonatrach, China’s Sinopec Sign $850 Million Contract for Hydrocarbon Development, Exploratio

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