Aresco

JULY 14, 2025

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 First Oil Well in the World The first oil well in the world was Bibi Heybat, located near Baku in present-day Azerbaijan, drilled in 1846.

Oil

Oil & Gas 360º

JUNE 20, 2025

(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. But the explorers have also hit dry wells, prompting them to write off drilling costs as they learned more about the fields.

Offshore

Oil & Gas 360º

JUNE 19, 2025

With 25 years of experience in North American oil and gas, Ron has also gained international expertise through work in Asia, Russia, and the Middle East. His earlier experience includes field operations, engineering, and human resources across North America, South Asia, and the Middle East. Ron holds a B.Sc. from 2018-2024.

Energy

Oil & Gas 360º

MAY 7, 2025

The national oil funds revenue fell by 43% by the end of April from year earlier, as lower prices offset the increase in crude output, Halyk Finance said. Russia, a fellow member of OPEC+,is consideringchanging its budget building mechanism in response to sliding oil revenue. million bpd in June, compared with 1.85

Mechanic

Oil Review Middle East

MAY 23, 2025

Located around 65 km northwest of Abu Dhabi, Lower Zakum Field is one of ADNOCs most significant offshore assets as it seeks to meet its production target of 5mn bpd by 2027. Wood will develop crude oil stabilisation mechanisms at Das Island, which will support the sustainable production of oil at the site until 2035.

Engineer

Oil & Gas 360º

JUNE 3, 2025

Mineral interests offer the highest form of security and upside in the oil field, and any and all benefits an operator manages to unlock accrues directly to the mineral holder without any capital risk, forever.

Royalty

Pro-Gas Services

JANUARY 17, 2025

Suitable for Foamy Crude: Vertical separators are particularly well-suited for handling foamy crude oil, as their design minimizes the impact of foaming on separation efficiency. Their vertical orientation allows for efficient gravity separation in applications with lower gas-to-liquid ratios.

Gas