Arabian Drilling Co. (ADC) and Saudi Aramco finalized their discussions on the suspension of three offshore drilling platforms, as announced previously.
The Mansuriya field, holds an estimated 4.5 trillion standard cubic feet of gas and is expected to produce around 300 million scf per day of gas at its peak.
For China, the location of the Mansuriya gas field fits perfectly into the vast network of oil and gas sites in Iraq.
According to industry figures, more than a third of all Iraq’s proven oil and gas reserves and over two-thirds of its current production are managed by Chinese companies.
The Public Interest and Accountability Committee (PIAC) has expressed worry about the decline in oil
production by Ghana and has called on the government and other relevant regulatory bodies to take
steps to reverse the production decline on existing oil fields and ensure investments in unexpected
fields
Seatrium has won a USD 8.16-billion contract from Brazil’s Petrobras for the newbuild supply of two FPSOs, the Singaporean company announced on Saturday.
Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday, in a boon to Saudi Arabia’s government as it seeks funds to help pay for a massive economic transformation plan.
Mosman Oil and Gas Ltd (AIM:MSMN) has acquired a working interest (WI) in a helium project in Las Animas County, Colorado, in a first move to expand its helium portfolio.
After a century and a half of oil and gas production in the United States, the nonprofit environmental watchdog Climate Tracker published a sobering report in 2020: Some 2.6 million unplugged onshore wells lay scattered across the country.
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to extend their voluntary production cuts of 2.2 million barrels of crude oil per day into 2025.
Yeongil Bay oil and gas reserves valued at five times Samsung Electronics’ market cap
The Dangote refinery in Nigeria has marked a significant milestone by exporting its first jet fuel cargo to Europe.