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      Maersk sells drilling barge activities in Venezuela

      America
      Maersk Drilling has sold its drilling barge activities in Venezuela to Panama-based investment company Barrystar Holding. The activities, registered to Maritime Contractors Venezuela (MCVSA), include...

      LGO completes drilling at fifth Goudron well onshore Trinidad

      America
      Leni Gas & Oil (LGO) has announced that well GY-668, the fifth of its planned 30 new development wells at the Goudron Field in...

      Royale Energy to drill 30 wells at the Ballinger Oil Field in Texas, US

      America
      Royale Energy has received permissions to drill 30 wells at Ballinger Oil Field in Runnels County in Texas, three of which will be drilled...

      Shell obtains conditional approval from US regulator to drill for oil off Alaska

      America
      The Anglo-Dutch company Royal Dutch Shell has received conditional approval from the US regulator Bureau of Ocean Energy Management (BOEM) to explore oil in...

      ExxonMobil confirms Second Well Offshore Guyana Confirms Significant Oil Discovery

      America
      Exxon Mobil Corp said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class...

      Pemex y BHP Billiton sign agreement to develop deep-water Trion Block

      America
      Petróleos Mexicanos (Pemex) and the Australian company BHP Billiton signed today an agreement to develop the deep-water Trion Block during an event hosted by...

      EP Energy Announces Permian Drilling Joint Venture and Acceleration of Wolfcamp Program Development

      America
      EP Energy Corporation  announced it has, through a subsidiary, entered into a drilling joint venture with private capital investor, Wolfcamp Drillco Operating L.P. to...

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      US Polyethylene Export Market Report 2017-2020

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      Petrochemical Update released a detailed new whitepaper today, the US Polyethylene Export Market Report 2017-2020 a large 60+ page report detailing the fast-changing US...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

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      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

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