Nabors Industries Completes Its Most Impactful Energy Transition Investment to Date
Nabors Industries Ltd. issued the following statement today from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business combination between Nabors Energy Transition Corporation (“NETC”), the special purpose acquisition company (SPAC) sponsored by Nabors, and Vast Renewables Limited (“Vast”). The combined company now trades …
Belorusneft Drillers Set a New Record
Belorusneft drillers set a new record, BelTA learned from the company. The team of the Svetlogorsk Drilling Operations Department became the author of a new record, set on December 4 by brigade No. 9 of drilling foreman Alexey Kuzhelev. In one day, his workers drilled 700 m of rock. This …
British Shell Has Two North Sea Drilling Targets Planned for Next Year
Deltic Energy, a London-based oil and gas exploration company investing in the UK’s established hydrocarbon provinces, has significant interests in a number of highly prospective licenses in the southern and central North Sea and is Shell’s joint venture partner in the UK’s southern North Sea. Deltic Energy said the Selena …
BP Began Drilling the First Production Well from a New Platform at ACG
BP-Azerbaijan announced the start of drilling the first production well from the new Central East Azeri (CEA) platform in the Azeri-Chirag-Gunashli (ACG) block in the Azerbaijani sector of the Caspian Sea. “Drilling of the first production well from the CEA platform began on December 4,” the company said in a …
KazMunayGas Commissioned the Eastern Urikhtau Field
In the Mugalzharsky district of the Aktobe region, the commissioning of the Eastern Urikhtau field took place on December 4, Kazinform reports. As the official Telegram channel of the Samruk-Kazyna Foundation reported, the launch of the field will allow obtaining additional volumes of commercial and liquefied gas for the Aktobe …
Harbor Energy is Preparing to Drill an Exploration Well in The North Sea
Harbor Energy Norge, the Norwegian subsidiary of Harbor Energy, has received permission from the country’s authorities to drill an exploration well in the North Sea. This was reported by the press service of the Norwegian Petroleum Directorate (NPD). Program for well 15/9-25 provides for the drilling of an exploration well; …
The Number of Oil and Gas Rigs in The World Increased for The Second Month in a Row in November
The number of active oil and gas drilling rigs in the world increased in November for the second month in a row, reported the American oil services company Baker Hughes. On average, 1,794 installations were operating in the world in November compared to 1,777 in October. At the same time, …
Rosneft for 9 Months Increased Production of Liquid Hydrocarbons by 3.9%, to 4 Million bpd
Gas production increased by 33%, to 1.5 million boe/s Production of liquid hydrocarbons by Rosneft over 9 months amounted to 4 million barrels. per day, which is 3.9% higher year-on-year and is mainly due to the resumption of production at the Sakhalin-1 project, the company reported. Against the background of …
Belarusian Oilmen Completed The Annual Plan For Drilling New Wells Ahead of Schedule
Belarusian oilmen completed the annual plan for drilling new wells ahead of schedule. BelTA learned this from the Belorusneft company. The Center for Geological and Technological Drilling Support of NGDU Rechitsaneft emphasized that the early implementation of the plan is the merit of several divisions of the company, the result …
Russia is Drilling More Oil Wells
Experts explain the increase in drilling by the need to maintain black gold production in old deposits. The dynamics of oil well drilling in Russia for 10 months of 2023 shows an increase of 12% compared to 2022 data, to 7,250 wells. Also, an increase in drilling was recorded at …