UAE’s Adnoc Boosts Drilling Capabilities With 2 New Jack-up Rigs
Wedoany.com Report-Dec 26,The Abu Dhabi National Oil Co. has received two new jack-up rigs, reinforcing its position as one of the largest drillship fleet owners globally. ADNOC Drilling will launch t...
Vermilion Energy Announces $1B Deal to Buy Westbrick, Bolstering Scale in Deep Basin
Wedoany.com Report-Dec 26,Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion. The Calgary-based company says the transaction marks ...
Zephyr Energy Secured a Rig for Drilling Operations at Paradox, Scheduled to Commence in January.
Wedoany.com Report-Dec 26,Zephyr Energy plc (AIM: ZPHR), a Rocky Mountain-based oil and gas company committed to responsible resource development and carbon-neutral operations, has provided an update ...
Dolphin Drilling Emerges as Winner in Arbitration Saga Over Rig Termination Deal
Wedoany.com Report-Dec 26,Norway-headquartered offshore drilling contractor Dolphin Drilling has disclosed a positive outcome of arbitration proceedings with Lagos-based General Hydrocarbons Limited (...
Uzbekneftegaz Forecasts Gas Production Decline to 26.5 Billion Cubic Meters by 2025
Wedoany.com Report-Dec 25,Uzbekistan’s largest gas producer Uzbekneftegaz predicts a further drop in production to 26.5 billion cubic meters by 2025, marking a decrease of 2.8 billion cubic mete...
Petrobras Terminates Sale of Two Oil & Gas Fields Offshore Brazil
Wedoany.com Report-Dec 25,Brazilian oil and gas player Brava Energia has confirmed its acquisition of oil and gas fields and associated infrastructure off the coast of Brazil cannot be completed with ...
Uzbekistan Plans to Start Geological Exploration of 15 Promising Gas Deposits
Wedoany.com Report-Dec 24,President of Uzbekistan Shavkat Mirziyoyev chaired a meeting to discuss the state and measures to increase gas production in the country, Kazinform News Agency reports. The C...
US LNG Exports Hit Record Highs in 2024 Despite Price Pressures
Wedoany.com Report-Dec 24,US liquefied natural gas exports are on track to climb to new highs in 2024, as record domestic natural gas production spurred the 10th straight year of volume growth in the ...
Saipem Wins $900M EPCI Contract From Shell’s $5BN Offshore Project in Nigeria
Wedoany.com Report-Dec 24,Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off the coast of ...
Severe Gas Shortage in Industrial Sectors Disrupting Production
Wedoany.com Report-Dec 24,Industrial sectors in Bangladesh are facing a severe gas shortage, disrupting production across factories. For several weeks, inadequate gas supply has caused output in key s...