Monday, July 26, 2021
ExxonMobil plans to triple complete each day manufacturing to greater than 600,000 oil-equivalent barrels by 2025 from its operations within the Permian Basin in West Texas and New Mexico. Tight oil manufacturing from the Delaware and Midland basins will...
BP’s venturing enterprise has invested $5 million in FreeWire Technologies, a US-based producer of cellular electrical automobile (EV) fast charging techniques, and plans to roll out FreeWire’s Mobi Charger models to be used at chosen BP retail websites within...
Total proclaims that the Fort Hills oil sands mission positioned in Alberta, Canada, 90 kilometers north of Fort McMurray, has achieved first oil. Production will ramp up over the following months to succeed in a plateau of 180,000 barrels...
COSL Drilling Europe has been awarded a contract from Lundin Norway AS for using the drilling rig COSLInnovator. COSLInnovator has been a awarded a contract for drilling of 1 effectively with the addition of an choice of eight wells for...
The nuclear energy trade is struggling within the U.S. Several reactors are vulnerable to early closure attributable to problem competing within the wholesale energy markets. New models being inbuilt South Carolina have been deserted, whereas the one different nuclear...
Noble Energy introduced that it has signed a definitive settlement to divest a 7.5 % working curiosity within the Tamar area, offshore Israel, to Tamar Petroleum for money proceeds of roughly $560 million and 38.5 million shares of Tamar...
Energean Oil & Gas is happy to announce that Energean Israel has signed a contract with Stena Drilling for the event drilling of the Karish Field, offshore Israel. Pursuant to the contract, Stena Drilling will deploy the Stena Forth...
Lightbridge Corporation, a nuclear gas expertise firm, and Framatome, a pacesetter in nuclear gas, parts and reactor companies, finalized and launched Enfission, a 50-50 three way partnership firm to develop, license and promote nuclear gas assemblies based mostly on...
Rose Petroleum has now accomplished the preliminary structural interpretation of the 3D seismic knowledge it acquired over its Gunnison Valley Unit (GVU) which is a part of its bigger lease holding within the Paradox Basin, Utah, U.S.A. The firm...
Maersk Discoverer moved the boundaries for drilling in shallow waters when profitable drilling operations commenced in 285 meters water depth off the coast of Egypt within the Mediterranean Sea. This is the shallowest water drilling operation in Dynamic Positioning...
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