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Equinor has secured a new exploration opportunity in Brazil, having won the license for S-M-1617 offshore block in Santos Basin during the country’s fifth Open Permanent Concession bid round…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the Weizhou 5-3 oil field development project in Beibu Gulf Basin in the South China Sea…
Exxon Mobil and Chevron on Tuesday took their first steps toward eventually exploring oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned…
Australian oil and gas company Karoon Energy has secured interest in six blocks in the Santos Basin, offshore Brazil, in the ANP fifth Permanent Offer Bid Round for Concession Contracts…
Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia
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. Gatti earned a degree in mechanical engineering from the University of Alberta, Canada. Ron holds a B.Sc.
Petrobras has identified the presence of high-quality oil with no contaminants in the pre-salt of Santos Basin, in an exploratory well in Aram block, offshore Brazil
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has completed the farm-in agreement in the Orange Basin block, securing the
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas, MOL Form CO2 Transport JV by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 4:35 AM EST The partners already completed the front-end engineering design for a 62,000-cubic-meter LCO2 transport vessel.
Geopolitical risks and regulatory overhangs (especially in key basins) are making capital allocation more conservative. Rig Count Summary (Latest Baker Hughes Report) Category Current Count Change (W/W) Change (Y/Y) Total U.S.
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of formalizing the operatorship of the recently
The bid round is expected to attract foreign investors and drive exploration activities across Libyas resource-rich basins, enabling global energy companies to engage in a market that has remained largely unexplored for nearly two decades. Meanwhile, the Sabratha Compression Project is in execution, with startup expected later in the year.
McDermott has been awarded a sizeable offshore transportation and installation contract by Brava Energia for the Papa-Terra field in the Campos Basin and the Atlanta…
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.
Petrobras has informed that a Drill Stem Test (DST) in the Sirius-2 well, located in deep waters of the Gujaira Basinoffshore Colombia, proved good productivity
The seminar covers the basics: geology, petroleum engineering, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves estimations.
The seminar covers the basics: geology, petroleum engineering, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves estimations.
Brazil’s state-run oil and gas firm Petrobras has acquired 10 blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the fifth Permanent Concession…
XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has completed the acquisition of Galps 10% interest in the Area 4 concession in Mozambique's Rovuma Basin
Australian oil and gas company Woodside Energy has decided not to exercise its option for the farm-in to the PEL 87 block offshore Namibia, operated by Pancontinental Energys subsidiary
It covers the basics: geology, petroleum engineering knowledge, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves calculations.
Brazilian state-run oil and gas company Petrobras has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block
CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production. energy production, contributing 6.26.3
Veolia, through its Water Technologies & Solutions business unit, has secured a multi-million dollar contract from Seatrium to provide advanced seawater desalination…
Eni has started gas production from the Merakes East field in the Kutei Basinoffshore Indonesia, the Italian energy group said on Tuesday in a statement.The field is part of the East Sepinggan block
Equinor has deepened its position in the Santos basin after winning the S-M-1617 block during Brazils 5th Open Permanent Concession bid round. The license is in close proximity to the S-M-1378 block we already own, an area with strong potential that we can leverage to reinforce our position in the Santos basin. Already a member?
Collaborate with multidisciplinary teams, including engineers, geophysicists, and land professionals, to make data-driven drilling and completion decisions. Generate and mature prospects in various basins, including offshore deepwater, onshore shale plays, and international assets.
The Permian Basin is seeing output contraction and rig pullback despite being the top U.S. million bpd ( from 6.57 million bpd in March) Macro Commentary This marks the third consecutive weekly decline in rig activity, driven by oil price pressures and a strategic shift by operators toward shareholder returns over production growth.
Brazilian state-run oil and gas company Petrobras has identified presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block, offshore Brazil
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream Wenchang 9-7 oil field development in the western Pearl River Mouth Basin in South China Sea
The Selene discovery is a key driver for this Acquisition, which forms an important component of Viaro’s recently announced transaction with Shell and ExxonMobil, as well as within the broader basin context. The transaction reflects our commitment to advancing key developments responsibly and with the continuity they require.
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com
The Permian Basin, in particular, saw a notable drop, reaching its lowest rig total since February 2022. While Oklahoma, New Mexico, and several other key states held steady in drilling activity, the national rig count dipped againdriven largely by a sharp decline in natural gas rigs.
upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. The term advantaged is used repeatedly in the earnings release not as corporate jargon, but as a meaningful lens into ExxonMobils capital allocation and earnings engine. upstream earnings jumped to $1.87
Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. The Permian Basin remains the top destination for U.S. What are the key companies doing to stay competitive? MMBbl/d.
The major contracts announced in the African region include Tecnicas Reunidas and Sinopec Engineerings $4 billion new deep conversion oil refinery project in Algerias Hassi Messaoud region and the $1.4 billion Wuhuan Engineering and WeDos ammonia and urea plant project in Angola.
The major contracts announced in the African region include Tecnicas Reunidas and Sinopec Engineerings $4 billion new deep conversion oil refinery project in Algerias Hassi Messaoud region and the $1.4 billion Wuhuan Engineering and WeDos ammonia and urea plant project in Angola.
Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and the Permian basin helped boost earnings
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com
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