Turkey has sent two drilling ships. Fatih and Yavuz. as well as an exploration vessel. to operate in waters off the divided island of Cyprus.
Read More »NIOC Signs Research Deals with Knowledge-Based Firms
The Exploration Department of the National Iranian Oil Company (NIOC) has signed four research contracts with universities and knowledge-based firms.
Read More »Oil Prices Drop as US-China Tension Fuels Growth Concerns
The trade war has been hitting economic growth. which tends to reduce demand for commodities such as oil.
Read More »Has US Shale Gas Production Peaked?
The equity in gas markets are sending a clear message to operators to cut growth to maintenance levels and someone need to go further than that.
Read More »NIDC Drills 41 Oil. Gas Wells in 4 Months
The National Iranian Drilling Company (NIDC) has successfully spudded 41 oil and gas wells since March.
Read More »North Sea Oil and Gas Projects Boosted by Farm-Out Deals
Two North Sea farm-out deals were announced today in another sign that the mature UK basin can still generate fresh investment for oil and gas projects.
Read More »Vietnam Extends Offshore Drilling Campaign despite China`s Protests
China has made clear that it expects Vietnam to cease drilling operations and respect Chinese sovereignty over the South China Sea.
Read More »Biological Waste Management Could Halve Drilling Costs
The National Iranian South Oil Company (NISOC) CEO said biological waste management could halve drilling costs in oil projects. expressing optimism that all the country’s drilling fleet would be equipped with such systems.
Read More »Greece Offers Opportunity for Turkey If Drilling Disputes are Resolved
Greece’s foreign minister said his country could work together with Turkey to exploit natural resources while urging Ankara to settle its dispute with the European Union over offshore drilling in the Mediterranean.
Read More »Mobile Oil Separator Launched in South Yaran Field
A Mobile Oil Separator (MOS) has been launched in South Yaran Oilfield.
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