Kuwait’s Petroleum Exploration Firm Begins Withdrawal From Pakistan
Wedoany.com Report-Dec 26,Kuwait Foreign Petroleum Exploration Company (KUFPEC) has begun its exit from Pakistan’s oil and gas sector, citing extensive circular debt and prolonged policy delays ...
Iran Set to Slash Fuel Subsidies in Sensitive Move
Wedoany.com Report-Dec 26,Iran is due to ease fuel price subsidies, according to documents reviewed by Iran International, in a politically sensitive move likely approved by the countrys top leadershi...
Oil Prices up in Thin Pre-christmas Trade
Wedoany.com Report-Dec 26,Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S. economic data and rising oil demand in India, the worlds third-l...
Oil India to Launch Subsidiary for Green Energy Ventures.
Wedoany.com Report-Dec 26,Oil India Ltd. (OIL) has announced plans to establish a wholly-owned subsidiary, OIL Green Energy, to oversee its green and alternative energy ventures. The state-run Maharat...
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...
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 ...
Equinor Comes up Dry Offshore Norway
Wedoany.com Report-Dec 26,Equinor and its partners have drilled two wells in the North Sea, both of which were proven dry. The wildcat wells Kvernbit and Mimung (35/10-14 A and 35/10-14 S) are the fir...
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 (...
Iraq’s Artawi Oil Field Gets Ready for a Massive Boom
Wedoany.com Report-Dec 25,Baghdad (IraqiNews.com) – The Artawi oil field in southern Iraq, which has estimated reserves of 2.4 billion barrels of oil, is expected to experience a significant pro...
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 ...