Islamic State militants no longer control any oil wells in Iraq after being ousted by government forces last week from an area near Kirkuk, the oil ministry said on Wednesday.
The ultra-hardline Sunni Muslim group were driven out
Italy-based Eni and BP, the UK energy giant have finished drilling two wells in the South Baltim field, located southeast of the Delta in Egypt, a report said.
The production of 350 million cu ft of gas daily from the project will
Iran’s South Yaran Oilfield plans to drill 22 wells by March 2016, a top official said, adding that up to 60,000 bpd of crude oil is expected to be recovered from the field's Sarvak layer once the wells are drilled.
Iraq's cabinet has approved a $526.6 million drilling deal with China's Zhongman for the West Qurna Two oilfield, the government said in a statement on Tuesday.
Under the 28-month contract, Zhongman Petroleum and Natural G
The low oil price is expected to dramatically impact O&G activity on the UK Continental Shelf (UKCS), resulting, most notably, in a decrease in the number of wells drilled, a report said.
In 2014, drilling campaigns were signi
Sudan's oil minister says the country will drill more than 250 wells in the coming year, aiming to boost its energy reserves by 65.4 million barrels of oil and 300 billion cu ft of gas, state media reported on Tuesday.
UK-based oil and gas services group Petrofac, which slashed its 2014 profit forecast by 11 percent this month, said on Friday it was awarded a contract worth $970 million in Algeria.
Petrofac said the contract was for gas gatherin
US-based Lukoil has awarded Baker Hughes, a major oilfield services company, a two-year contract to provide full drilling and completion services for 23 wells in the West Qurna field in southeast Iraq.
Under the terms of the contract, Bake
Nineteen new oil wells have been drilled and have started to produce oil at Bahrain's onshore fields, it was revealed.
Oil and Gas Affairs Minister and National Oil and Gas Authority chairman Dr Abdulhussain Mirza said these wells have
Iraq, along with oil major Royal Dutch Shell and Malaysia's Petronas have awarded a contract to Halliburton Co to drill 15 oil wells in the supergiant Majnoon oilfield, an oil official said on Monday.
Oil and gas service