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Oil & Gas
Equinor Makes Oil Discovery Near Existing Infrastructure in North Sea
Norwegian oil and gas company Equinor has made a new oil discovery, located near the Fram field in the North Sea offshore Norway, and will consider tying it to
Oil & Gas
Indian State Oil Giant To Significantly Expand Oil Exploration
Indian state firm Oil and Natural Gas Corporation plans to raise fourfold its exploration and production acreage by 2025
Oil & Gas
Aker BP Secures Drilling Permit for North Sea Well Trio
The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for three wells in the North Sea offshore Norway.
Oil & Gas
APA, Sinopec to Recover $900MM of “Backlogged Costs” in Egyptian Project
APA Corp. and its Chinese partner in an Egyptian oil project will recover almost $900 million in prior investments under a new drilling contract with the North
Oil & Gas
Turkey's Drillship Fatih Starts Operations in Türkali-7 well
Turkey’s first drillship, Fatih, began drilling in the Türkali-7 location in the Black Sea on Dec. 24, according to Turkey’s Energy and Natural Resources Min
Oil & Gas
Global Oil And Gas Discoveries Set To Hit 75-Year Low In 2021
As of the end of November, total global discovered volumes this year are calculated at 4.7 billion barrels of oil equivalent
Oil & Gas
Eni Oil Block Expected to Enter Production in Q2 2023, Ivory Coast Says
An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil
Energy Economy
QatarEnergy Enters Egypt Through Agreement with Shell
QatarEnergy has entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea.
Oil & Gas
Production Starts at Angola’s Clov 2 Oil Project
Crude production has started at the Clov 2 project in block 17 offshore Angola, the second new deepwater development to come on stream in the west African count
Oil & Gas
TotalEnergies Spuds Namibian Ultra-Deepwater Well
French energy major TotalEnergies has started drilling the ultra-deepwater Venus-1X exploration well located offshore Namibia, using a Maersk Drilling-owned dri
Oil & Gas
More Gulf of Mexico Work for Seadrill Rigs
While working to emerge from Chapter 11, offshore drilling contractor Seadrill has secured more work for its rigs in the U.S. Gulf of Mexico and added about $0.
Oil & Gas
Lukoil Strikes Oil in Waters off Mexico
Russian oil and gas company Lukoil has made an oil discovery within the Yoti West structure at Block 12 located offshore Mexico.
Energy Economy
Adipec 2021: Adnoc to Invest $6bn in drilling as it boosts crude oil production capacity
More than $1.8bn worth of Drilling-Related Equipment will be Made in the UAE
Oil & Gas
Bambo-1 Well Drilling Commences Offshore The Gambia
FAR Gambia, a wholly-owned subsidiary of FAR Ltd has commenced drilling on the Bambo-1 exploration well in Block A2, offshore The Gambia.
Oil & Gas
Vietsovpetro Puts New Generation Unmanned Mini Oil Rig Into Operation
The Vietnam-Russia oil and gas joint venture Vietsovpetro has put its new generation unmanned mini oil rig BK-18A into operation.
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