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 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.

Oil 111

Oil Field Mechanic Engineering 111

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 130

Offshore Exploration and Production Field Instrumentation 130

Rigzone

JULY 23, 2025

The resulting pricing mechanism will be economically similar to the mix of prices previously approved for Mako export and domestic gas sales, with 100 percent of the gas produced from the field to be sold at the above-referenced price rather than the usual fixed domestic offtake price, according to the release. Conrad holds a 76.5

Field 67

Field Gas BCF Exploration and Production 67

Rigzone

JUNE 16, 2025

Image by JHVEPhoto via iStock Baker Hughes Company was selected by Equinor ASA to provide plug and abandonment services in the Oseberg East field on Norway’s continental shelf. The energy tech company said in a media release that its Mature Assets Solutions team will execute the contract.

Abandonment 75

Abandonment Mechanic Casing Field 75

McKinsey

JULY 10, 2025

Developments in France are particularly relevant to Spain since France is accelerating its CCUS efforts despite not having significant national oil and gas reserves, which eliminates the possibility of using depleted fields for CO 2 storage. Transport type: Offshore pipeline transport costs are typically 1.3 percent in 2030 to 35.0

Transportation 67

Transportation Exploration and Production Pipeline Offshore 67

Oil & Gas 360º

JUNE 19, 2025

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.

Energy 130

Energy Energy Exploration and Production E&P 130

Rigzone

JUNE 19, 2025

Image by Adele Heidenreich via iStock Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies SE, according to a special adviser in the presidency. TotalEnergies and Shell Plc in 2022 made the first in a series of finds off the coast of the southwest African nation.

Offshore 62

Offshore Oil Field Exploration and Production 62