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Oil&Gas Drilling
Oil & Gas
Odfjell Drilling's Deep-Sea Yantai Got the Green Light
Neptune energy is exploring and drilling in the north sea using the yantai deep-sea semi-submersible drilling platform.
Oil & Gas
PTTEP Makes New Oil Discovery Offshore Mexico
PTTEP and its joint venture partners made two successful deep-water oil discoveries in Block 29, offshore Mexico, with good quality reservoirs. Commercial poten
Oil & Gas
Equatorial Guinea Extends Oil and Gas Exploration Licenses by Two Years
The minster continued: “Liquidity is very important right now. The last thing we want is for [companies] to decide that it is not economical to operate in-coun
Oil & Gas
Fenja, Neptune's First Operated Development Project on the Norwegian Shelf
On April 28, Neptune Energy announced the drilling campaign on the Fenja field is now underway.
Oil & Gas
Russia’s Grand Plan For Arctic Oil Is Under Threat
Russia's oil sector has been at the center of virtually all developments in its modern history. Imperial Russia already produced oil in the early days of the in
Oil & Gas
Satellites Reveal Depth of Permian Basin’s Methane Emissions Problem
A study shows leaked methane emissions across the Permian Basin in the 11 months to March 2019 were enough to supply two million homes with natural gas.
Oil & Gas
Diamond Offshore Files for Chapter 11 Bankruptcy Amid Historic Oil Price Crash
Diamond Offshore Drilling Inc., a rig contractor owned by Loews Corp., filed for bankruptcy.
Oil & Gas
Putin: OPEC+ Deal Should be Complied with by all Participants
The deal stipulates the oil production cut by 9.7 mln barrels per day in total in May-June 2020, by 7.7 mln barrels per day in July-December 2020 within the all
Oil & Gas
Aker BP Postpones Oil Developments Amid Market Turmoil
The company has suspended all oil and gas development projects that have not yet received board approval because of the coronavirus-related plunge in crude pric
Oil & Gas
Qatar Starts Expansion Drilling At World’s Largest Gas Field
Qatar Petroleum has started the development drilling campaign of the North Field East Project to expand the production capacity of the world’s biggest natural
Oil & Gas
Non OPEC+ Crude Oil Supply Cuts
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Sunday to reduce output by 9.7 million barrels per day (bpd).
Oil & Gas
OPEC, Non-OPEC Reach Oil Cuts Deal Amid COVID-19
An emergency video conference between OPEC and non-OPEC ministerial partners, chaired by Saudi Arabia, ended on Sunday.
Oil & Gas
LUKOIL Moves to Next Stage of North Caspian Field Development
Russian oil major LUKOIL said on April 10 the company has moved on to the next stage of facilities construction for the Valery Grayfer field being the launch
Oil & Gas
Government Admits BP Drilling Permit Process was Unlawful
The government admits it acted unlawfully in granting BP’s permit to drill for new oil in the North Sea, a Greenpeace legal challenge reveals, after officials
Oil & Gas
Total Makes New Gas & Condensates Discovery in the North Sea
Total, Operator, and its partners have made an encouraging discovery with the Isabella 30/12d-11 well on the license P1820, located in the Central North Sea off
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Nostra Terra Gives Update On Its Texas Oil And Gas Production, Operations
