Tag Archives: Drilling

The development of Gazprom Neft’s offshore assets remains a strategic priority for the company.

Data from MarineTraffic shows that the Yang She You 278 now is in the Kola Bay on its way back from the operation.

Moscow said last month it had discussed with Riyadh extending the deal but no specific decisions had been made ahead of a Nov. 30 producers’ meeting in Vienna.

Latin America'.s active drilling rig count stood at 190 in May. further proof of the upward trend in E&.P investment.

Last week. Exxon won the rights to develop 10 offshore blocks in Brazil.

Last year Exxon said they may invest over $10 billion in Vaca Muerta shale projects over the next few decades.

Producers in the U.S. and Canada have made dramatic efforts to cut costs since the collapse of oil prices three years ago.

The world’s top shale play. the Permian. has shown remarkable resilience amid the lower-for-longer oil prices.

South Azadegan field'.s development project is being undertaken with the help of Iranian firms and internal financial resources.

Shareholders have put pressure on Exxon. the nation'.s largest producer of natural gas. to confront the methane problem.