In the same period last year. rig count stood at 743 rigs. which shows the continuous rise in American crude production.
Read More »Baker Hughes to Pay $550 Million for 5 Percent Stake in Adnoc
Baker Hughes is working across the region including in Saudi Arabia and Egypt’s supergiant Zohr gasfield in the Mediterranean.
Read More »Oil Prices Decline as U.S. Considers some Waivers on Iran Oil Exports
U.S. sanctions will target Iran’s crude oil exports from Nov. 4.
Read More »ExxonMobil Plans to Drill off Coast of Cyprus. Turkey Protests
Turkey claims that parts of some blocks Cyprus has designated for drilling fall inside its own continental shelf.
Read More »ExxonMobil and Qatar Petroleum Gain EU Agreement for Acquisitions in Argentina
ExxonMobil is active worldwide in the development. production. and sale of crude oil and natural gas.
Read More »Gazprom Leaves First Place in Energy Company Rankings
Gazprom dropped to 17th after a year on top of the S&.P Global Platts table.
Read More »Schlumberger Launches New Zonal Isolation Technology
The CemFIT Shield system improves zonal isolation in long horizontal wells to ensure efficient hydraulic fracturing.
Read More »$80 Oil Supports Energy Infrastructure Investment
Shell is a major player in the U.S. Gulf of Mexico.
Read More »Novatek Discovers Hydrocarbons in Utrenneye Field in Siberia
The Arctic LNG 2 project is expected to utilize the 7 billion plus boe of hydrocarbons resources in the Utrenneye field.
Read More »Cyprus-Egypt Pipeline Deal could Ease LNG Gas Exports to EU
Cyprus and Egypt are planning to link Aphrodite with the Egypt liquefaction plants in Idku and Damietta.
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