Tullow Oil’s Agete-1 exploration well in Block 13T onshore Northern Kenya has discovered and sampled moveable oil with an estimated 100 m of net oil pay in good ...

The Jasmine field in the UK North Sea has started gas production. Jasmine was discovered in 2006 by ConocoPhillips as operator (36.5%), together with its co-venturers Eni...

Seadrill’s new ultra-deepwater drillship, the West Auriga, recently began development drilling work at BP’s Thunder Horse field in deepwater Gulf of Mexico (GOM). ...

Mexico’s Congress is expected to vote soon on whether to reform its Constitution to open the country’s economy to foreign oil and gas companies...

As the US deficit approaches $17 trillion, businesses, including drilling contractors and operators, could potentially be negatively impacted by federal...

Political instability and the lack of middle class development in BRIC countries – Brazil, Russia, India and China...

From 2011 to 2015, Atwood Oceanics will more than double its total fleet, with nine newbuilds joining eight legacy rigs. Its first two ultra-deepwater...

Statoil has announced plans to drill 20 to 25 exploration wells on the Norwegian Continental Shelf (NCS) in 2014; approximately two-thirds will be Statoil-operated. ...

US onshore rig count fell this year, but the decline in this longtime benchmark belies the sector’s underlying strength. Some analysts say the more telling numbers are well counts, footage drilled and the number of frac stages completed. “There’s been a massive separation between the key activity...

The widely varied Asia Pacific energy market is on the cusp of significant change. From the export market of Australia in the south to the energy-hungry nations of Indonesia, Malaysia, Thailand, China and Japan, countries are looking to maximize domestic production...