Oil & Gas

A coup for the country

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…

Well to Watch: UK Block 48/8b Selene Prospect

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…

Titanic effort in ultra deep waters off Newfoundland

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…

Returning exploration to Sri Lanka

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…