drilling | Egypt Oil & Gas - Part 23
Brazil’s Petrobras Floundering
Buried off the coast of Brazil, beneath miles of seawater, rock and salt, lie vast oil reserves—at least 50 billion barrels—that were supposed to yield untold riches for this nation.
Mexican Energy Sector Opens up for Geology Data Firms
The opening of Mexico’s energy sector to private and foreign companies is drawing dozens of geological-data firms that plan to crisscross the Gulf of Mexico and onshore areas in search petroleum riches that went undi ...
Dana Gas to Ramp up Production in Egypt
Dana Gas is on track to produce 40 million cubic feet of gas from the Zora field in Sharjah and ramp up production in Egypt this year, the company’s chief executive said.
Cairn Energy Plans Further Drills for Senegal Offshore Discoveries
Following the successful drilling campaign offshore Senegal in 2014, FAR Ltd, ConocoPhillips, Cairn Energy (the operator of the licence) and Petrosen (the government of Senegal) are planning a first phase work progra ...
Brazil Reconsidering Role of Foreign Firms in Deepwater
There’s a growing chorus of lawmakers advocating a bigger role for foreign oil companies in Brazil’s prized deepwater discoveries as the national producer grapples with the industry’s biggest debt load and funding co ...
Greenpeace Boards Shell Vessel in Protest of Arctic Plans
Arctic-drilling protesters from Greenpeace climbed aboard a Royal Dutch Shell Plc oil rig Monday as it was transported across the Pacific Ocean northwest of Hawaii.
Argentina Threatens Legal Action Over Falkland Island Drilling Activity
Argentina is threatening to take legal action against Britain over oil drilling off the coast of the Falkland Islands.
Drills and Capex Sacrificed by KMG EP Due to Oil Prices
KazMunaiGas Exploration Production (KMG EP) has been forced to slash its 2015 capex spending and reduce its planned development drilling by 78 wells because of the low oil price environment
