The Ministry of Energy and Mines in Peru (Minem) recently indicated that the oil industry is ‘being reactivated’. And so far, the signs are indeed pointing in that direction, particularly…
“You’ll be hard-pressed not to find gas out there”, was Joshua Turner’s response on LinkedIn to the news of Petrobras’ reported success drilling the Uchuva-2 appraisal well. The area where…
Jessica Elliott, Middle East Analyst, NVentures Ltd
Eni, RakGas and SNOC have started drilling their first exploration well Fennec 1 on Onshore Block 7, Ras al Khaimah, a key project in the UAE’s energy sector. This well…
Jon Ford, Associate Editor, Europe and Mediterranean. NVentures Ltd
A few days ago, Shell spudded the 48/8b-3 exploration well with the Valaris 123 jack-up to drill the Selene exploration well in the UK Southern North Sea gas basin. This…
“We have practically never looked for gas in the Barents Sea. All exploration wells have had oil as their target, and all discoveries of gas have been accidental”, said Dag…
Launched in March this year, the Zanzibar 1st Licensing Round offers a large frontier area with both oil and gas potential. There are 8 blocks available, named Block 1A to…
ExxonMobil, with partner QatarEnergy, is drilling the Persephone (C-54) wildcat offshore Canada’s Labrador and Newfoundland coast. This new frontier wildcat is testing a number of conventional clastic reservoirs in rifted…
Sri Lanka is enduring the worst economic crisis since its independence in 1948. Its economy has been on a general downward trend since 2018, shrank by nearly 8 % in…
Today, a press release issued by CNOOC discusses the results of the first ultra-deep well (Bozhong 19-6 Condensate Gas Field D1 Well) completed in the Bohai Bay area, offshore China.…
British politicians used to be honorary guests when new oil fields were taken into production. That was how things worked in the past. A celebration of technological ingenuity, drilling deep…
ReconAfrica has spud the Naingopo exploration well onshore northeast Namibia on PEL 73 (partners Namcor) on July 7, 2024. This latest drilling campaign will be the first to target the…
The discoveries of the giant Tamar and Leviathan gas fields offshore Israel in 2009 and 2010 respectively were hailed as two of the largest finds of the decade. As such,…