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Oil Field
Oil & Gas
118,500 Oil & Gas Wells To Be Drilled Worldwide Through 2022
After a challenging 2020, the oil and gas demand recovery – supported by vaccination efforts and OPEC+ supply cuts – is proving good for drilling activity.
Oil & Gas
China's New Offshore "Green Oil Field" has been Put into Operation
On the 15th, China National Offshore Oil Corporation announced that the Caofeidian 6-4 oilfield was put into operation.
Oil & Gas
Eni Through Var Energi Announces New Oil Discovery Offshore Norway
Eni through Var Energi, jointly owned by Eni and by HitecVision (30.15%) announces a new oil discovery in production licence PL532 in the Barents Sea
Oil & Gas
Equinor Gets Go-Ahead to Drill North Sea Well Duo
Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor consent to drill two exploration wells offshore Norway, using t
Oil & Gas
Israel's Leviathan to Sell 10bn m³ of Gas in 2021
Israeli upstream firm Delek Drilling expects its 649bn m³ Leviathan field to sell around 10bn m³ of gas this year, up from the 8.9bn m³ forecast in July last
Oil & Gas
EnQuest Starts Shutting Down Don Fields in North Sea
UK oil and gas company EnQuest has started the cessation of production activities on the Northern Producer floating production facility at the Don fields in the
Oil & Gas
Energean Proposes $500MM Carbon Storage Facility in Northern Greece
Energean Plc submitted a proposal to the Greek government to build a carbon dioxide storage facility and a hydrogen plant in northern Greece close to its old Pr
Oil & Gas
Equinor to Shut Down Veslefrikk Field after 30 Years
After more than 30 years on stream and over 400 million barrels of oil equivalent, Equinor and its partners in the Veslefrikk field, located in the North Sea, a
Oil & Gas
Petronas Hits Oil Offshore Indonesia
Malaysian energy giant Petronas has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract, off
Oil & Gas
Israel and Egypt Discuss Natural Gas Pipeline Link
Egypt and Israel said they may build an undersea natural-gas pipeline connecting the two countries, as they seek to collaborate on exporting the fuel to Europe.
Oil & Gas
Equinor Makes Oil Discovery Near Norway's Troll Field
Equinor said in a separate statement that the reservoir is expected to contain between 44 million and 69 million barrels of oil equivalent
Policy & Regulation
Military Seizes Power in Resource-Rich Burma
The elected leaders of Myanmar have been arrested by the military, sending the resource-rich southeast Asian nation into a fresh political crisis.
Energy Economy
Petrobras Inks Deals for Sale of Shallow-Water Fields
Brazilian oil and gas giant Petrobras is selling its whole interest in two shallow-water fields located in the Espírito Santo Basin offshore Brazil.
Oil & Gas
Chevron Pipeline Project Joins Egypt & Israel
With its aim to develop Israel’s natural gas fields, Chevron Corporation together with other energy companies is planning to make an investment of approximatel
Video
Video: Tarim Oilfield Supplies over 270 bln Cubic Meters Gas to East China
Tarim Oilfield in Xinjiang, NW China, has supplied over 270 billion cubic meters of natural gas to 15 provinces and regions via the country's West-to-East gas p
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