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Oil&Gas Drilling
PNOC, CNOOC to Start South China Sea Joint Venture by 2021
The Philippine National Oil Company has agreed to start an energy exploration venture with the China National Offshore Oil Corp in the South China Sea by 2021.
Oil&Gas Drilling
Turkish President Announces More Natural Gas Reserves in Black Sea
"Total amount of natural gas reserves in the Tuna-1 well in Sakarya Gas Field reached 405 billion cubic meters," he said after his inspections at the ship.
Oil&Gas Drilling
Philippines Lifts Ban On Oil Exploration In South China Sea
The Philippines is lifting a moratorium on oil and gas exploration in the South China Sea that could lead to the Philippines and China potentially creating a jo…
Crude Oil
Russian Oil Companies Plan Significant Drilling Cuts For 2021
Russian oil producers who have already reduced their drilling activity by a third this year may cut it further by 20 percent.
Oil&Gas Drilling
West Bollsta Rig Drills Lundin’s Polmak Well
Swedish oil and gas company Lundin has spudded the Polmak well in the Barents Sea offshore Norway, using the West Bollsta semi-submersible drilling rig.
Oil&Gas Drilling
Hibiscus Petroleum Buys into 3D Oil License off Australia
Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.
Oil&Gas Drilling
Noble Corporation Scores Rig Extension Deal with ExxonMobil
Offshore drilling contractor Noble Corporation has been awarded a long-term extension for the ultra-deepwater drillship Noble Tom Madden from ExxonMobil.
Oil&Gas Drilling
Oil Exploration In Norway Slumps By A Third
Oil exploration in the Norwegian continental shelf has slumped by close to a third amid the oil price rout.
Oil&Gas Drilling
U.S. Offshore Rig Count Stable at 14 Units
The number of active rigs in the U.S. remained unchanged over the course of last week, according to a weekly rig count report by Baker Hughes.
Oil&Gas Drilling
Total Moves Tyra Project Into the Next Phase Following Jacket Installation
French oil major Total has installed two new jackets for the Tyra field redevelopment project located in the Danish North Sea.
Oil&Gas Drilling
KrisEnergy Gets Funding to Bring Cambodia Offshore Project Online
KrisEnergy has reached a loan deal with Kepinvest Singapore to assist the company with bringing the Apsara project off Cambodia online on schedule.
Oil&Gas Drilling
Neptune Makes First Step in Offshore Execution of North Sea project
According to information on Neptune’s website, first oil from the project is expected in 2022.
Oil&Gas Drilling
Stena Drilling Lands Drillship Deal with Repsol in Mexico
Offshore drilling contractor Stena Drilling has won a drilling contract with Spanish oil company Repsol for operations offshore Mexico.
Geothermal Power Plant
Deutsche Erdwärme Plans to Start Drilling for Graben-Neudorf Project in 2021
Geothermal developer Deutsche Erdwärme AG wants to build a geothermal power plant in Graben-Neudorf in the North of the city of Karlsruhe in the state.
Oil&Gas Drilling
U.S. Wants Bankrupt Offshore Drillers To Pick Up The Tab For Abandoned Wells
The U.S. Department of the Interior is proposing a regulation that will not allow oil producers to avoid picking up their offshore well decommissioning tab when…
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