U.S. energy firms this week added oil and natural gas rigs for the first time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
The oil and gas rig count, an early indicator of future output, rose by 2 to 619 in the week to April 19.
Norway produced 2.1 million barrels of petroleum, natural gas liquids (NGLs) and condensate per day last month, up from the prior month and the corresponding period a year ago, the Norwegian Offshore Directorate has reported.
A new report published by independent research and business intelligence company, Rystad Energy shows the oil and gas sector’s supply chain possesses between 60 to 80% of the capabilities required to develop the UK’s low carbon energies, but targeted investment is vital to capture the potential of an estimated £150 billion opportunity.
The Petroleum Technology Association of Nigeria (PETAN) has reiterated its commitment to supporting the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in boosting oil production.
Petrofac, a leading provider of services to the global energy industry, has today been awarded a Technical Services Contract by Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), the National Oil Company of Equatorial Guinea, to support the operation of the region’s Block B asset.
An initial assessment of Nova Scotia’s offshore wind potential says an operating wind farm off the province’s coast is still seven to 10 years out.
zilian state-owned oil and gas giant Petrobras has made an oil discovery at another well in the Equatorial Margin, which stretches along the Brazilian coast from Rio Grande do Norte to Amapá.
Tullow has affirmed its commitment to Ghana’s socio-economic growth through its operations in the country.
The Kazakh authorities have increased their arbitration claims against international oil companies involved in the development of the Kashagan oil field. The claims now exceed $150 billion and seek compensation for lost revenue in addition to ongoing disputes over the production costs.
The Nigerian Upstream Petroleum and Regulatory Commission (NUPRC) has said that Nigeria has added new oil and gas reserves The chief executive of NUPRC, Gbenga Komolafe, said that the country added about 1.087bn barrels of crude oil and 2.574 trillion cubic feet of gas Recent data showed that Nigeria ranked second to Libya in crude oil reserves in Africa and first in gas reserves on the continent