SLB has secured a contract from Brunei Shell Petroleum (BSP) to support the restoration of production from shut-in wells across multiple mature offshore fields in Brunei. Under the contract, SLB will provide an integrated production restoration program spanning subsurface evaluation, well candidate selection, engineering and offshore execution. The scope also includes project management, well intervention services, monitoring, metering […]
Helmerich & Payne (H&P) and ExxonMobil led U.S. land drilling activity among contractors and operators, respectively, according to new rankings released by Enverus based on first-quarter 2026 data. H&P ranked as the most active U.S. land drilling contractor, recording 15.85 million ft of total drilled measured depth across 776 wells. Patterson-UTI Drilling ranked second with 9.51 million ft across 442 wells, followed by Nabors Industries with 6.55 million ft and Ensign […]
On Friday, the Libyan-Tunisian Joint Oil Exploration, Exploitation and Petroleum Services Company (Joint Oil) announced the schedule of a new bid round for exploration and development of offshore acreage in the Gabes-Tripoli Basin, the cross-border zone the two countries jointly administer in the central Mediterranean. The round, run with strategic advisor Moyes & Co, opens […]
Ghana’s shift towards gas-driven power generation has helped reduce the country’s dependence on imported liquid fuels, generating annual savings of about $500 million, Energy and Green Transition Minister Dr John Abdulai Jinapor has said. Speaking at the launch of the Petroleum Commission’s 15th anniversary celebrations on Tuesday, August 18, Dr Jinapor said increased gas availability […]
Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has called for a shift in Ghana’s participation in the upstream petroleum industry from securing contracts to building globally competitive indigenous companies capable of owning and leading businesses in the sector. Speaking at the 15th anniversary celebration of the Petroleum Commission of Ghana, Mr Jinapor […]
The Minister for Energy and Green Transition, John Abdulai Jinapor, has revealed that government will soon sign five new petroleum agreements with international firms seeking to enter Ghana’s upstream petroleum sector. According to him, renewed investor confidence in Ghana’s oil and gas industry, driven by strategic reforms undertaken by government, has sparked fresh interest from […]
The government is implementing measures to restore investor confidence, increase exploration, and reverse declining oil production as Ghana seeks to revitalise its upstream petroleum sector, Minister for Energy and Green Transition Dr John Abdulai Jinapor has said. Speaking at the 15th anniversary celebration of the Petroleum Commission, Mr Jinapor said Ghana faced increasing competition for […]
In January-July of this year, AZN 3,708.6 million was invested in Azerbaijan’s oil and gas sector, APA-Economics reports, citing the State Statistical Committee.
Adura, an incorporated joint venture (IJV) between the UK-headquartered Shell and Norway’s Equinor, has confirmed the end of a public consultation period on the development of an oil and gas field in the North Sea. This project on the UK Continental Shelf (UKCS) is now awaiting the UK government’s final call. Adura has welcomed the conclusion of […]
ReconAfrica has flowed natural gas and potential liquids to surface from the Huttenberg formation at its Kavango West 1X (KW1X) discovery well in Namibia, marking the second tested zone at the well to produce hydrocarbons to surface. The result completes the vertical production testing phase at KW1X and clears the way for an open-hole horizontal test targeting up […]