Top-tier shallow-water driller wants to see more consolidation, and older rigs removed Borr Drilling Limited, a global provider of jack-up…
International
Drilling operations begin at Union Jack Oil’s Sark well
Hydrocarbon development and exploration company Union Jack Oil said on Friday that it has been informed by the operator of…
International
Brent outlook narrows as oil market braces for turbulent year
Forecasts for late 2025 range from $55 to $70, with geopolitical risks in play Forecasting oil and natural gas prices…
International
Global oil markets race record glut next year: IEA
The OPEC+ coalition, led by Saudi Arabia, has fast-tracked the restart of halted production Global oil markets are on track…
International
Trinidad awards deepwater blocks to Exxon, could see $21.7 billion investment, minister says
Exxon Mobil, opens new tab could invest as much as $21.7 billion in Trinidad and Tobago if the U.S. energy…
International
EPIT drives international growth with strategic training delivery across key global markets
Aberdeen-based EPIT Group, a leading provider of specialist training for hazardous area industries, has further expanded its international footprint following…
International
Exxon Seals Massive Trinidad Oil and Gas Exploration Deal
Exxon has sealed a deal with the Trinidad and Tobago government for deepwater exploration that could involve investments of $21.7…
International
Shelf Drilling Announces New Long-Term Contract in Dutch North Sea
Shelf Drilling, Ltd. (Shelf Drilling) announced today that a subsidiary of Shelf Drilling (North Sea), Ltd. (“Shelf Drilling North Sea”…
International
Brazil sets new oil and gas production record in June with 4.9 million barrels per day
Aug 6 (ANP) Brazil broke a record for oil and natural gas production in June of this year, with 4.9…
International
Nigerian Upstream Petroleum Commission to license 220 oil blocks
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says that the 220 open oil blocks in various onshore and offshore basins…
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