News

Valeura Energy has completed an eight-well drilling campaign at Licence B5/27, located offshore in the Gulf of Thailand. The ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Abu Dhabi’s ADNOC Drilling is embarking on a significant dual expansion, venturing into Kuwait and Oman through a strategic ...
As part of the 15-year contract from Adnoc Offshore, Adnoc Drilling will provide two jack-up rigs for deployment at its ...
Through the drilling campaign, Valeura has maintained oil production consistent with its first quarter performance, offsetting natural declines, it said in a release May 27.
On May 10, 2025, a major fire broke out at the Kharapurneftegaz oil field in the Yamalo-Nenets Autonomous Okrug, Russia. The incident led to the collapse of one of the drilling rigs and left three ...
This significant growth in the past can be attributed to several factors, including rising energy demand, an increase in the use of artificial intelligence AI and automation, a growing focus on carbon ...
Several residents who live near drilling sites also spoke Tuesday in support during public comment. Regina Martin, a long-term resident near the Inglewood Oil Field, described suffering from ...
Egypt's minister described EDC as a leading player in both onshore and offshore oil and gas well drilling in the region ...
The Petroleum Engineering and Development Company (PEDEC) has signed two major subsurface drilling contracts aimed at ...