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The First Oil Well in the World – Bibi Heybat

Aresco

This ancient oil field is widely regarded as the location of the first mechanically drilled oil well in the world, predating Drake’s well by several years. The 1846 Breakthrough: Bibi Heybat Well In 1846, long before the American oil boom, the world’s first mechanically drilled oil well was completed at Bibi Heybat, just south of Baku.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

In 2022, the three main HtA industries—cement, steel, and chemicals—contributed over 8 percent of the industrial sector’s total direct gross value added (GVA) for Iberia and provided 300,000 direct jobs. Mtpa, COD 2022). 3 McKinsey Direct Air Capture and Storage (DACCS) Cost Model 2022.

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Productivity at the core: How COOs deliver strategy

McKinsey

percent in the decade between 2012 and 2022. Each industrial revolution has introduced groundbreaking advancements that reshaped industries and societies: steam-powered, mechanized production; electrification-enabled mass production; and automated, streamlined processes. percent annually between 1997 and 2002 to 1.6

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EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

in Mechanical Engineering from the University of Alberta and has held previously roles at Sanjel Corporation, Zodiac Exploration, and Pinnacle Technologies, specializing in hydraulic fracturing in unconventional reservoirs. from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries.

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Namibia considers incentives to expedite TotalEnergies’ offshore development

Oil & Gas 360º

TotalEnergies and Shell Plc in 2022 made the first in a series of finds off the coast of the southwest African nation. (World Oil) – Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies, according to a special adviser in the presidency.

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EnerMech secures two-year cranes extension in North Sea

Oilfield Technology

The current agreement, which began in August 2022, will now run until at least August 2027.

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Trump’s flip-flop on emergency oil reserves has its merits: Bousso

Oil & Gas 360º

SPR levels dropped to a 40-year low of 347 million barrels in July 2023 after Trump’s predecessor Joe Biden carried out several SPR sales to ease rising oil prices, including releasing 180 million barrels in 2022 after Russia’s invasion of Ukraine sparked concerns about a global energy shortage. crude prices and take years to accomplish.

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