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US Active Rigs Showing a Growth after weeks of declining After several weeks of decreasing, the US active rig count rose by five this week according to the Baker Hughes rig count statistics. Although drillers idled one of the inland water rigs, both onshore and offshore rigs rose by three. There are now 940 rigs actively drilling for oil and ...

A New Brazilian-Norwegian Agreement; Petro Bras and Statoil Partnership The two great and famous Brazilian and Norwegian oil companies, Petróleo Brasileiro SA and Statoil have signed a new agreement in order to complement the partnership they already have in Brazil, looking forward to increase and enhance natural gas operations, due to a securities filing on Friday. As PetroBras, the Brazilian ...

The Ministry of Oil & Gas of Oman and BP have announced that production has begun from the giant Khazzan gas field, which is operated by BP in partnership with Oman Oil Company Exploration and Production. Bob Dudley, BP Group Chief Executive, commented, “The start of production from Khazzan, BP’s sixth and largest major project start-up so far this year, ...

The World Petroleum Congress, known as one of the largest gatherings of the international oil and gas industry, has always been of utmost importance to activists and professionals in this industry. This global event, which includes the two sections of congress and exhibition, is a place for sharing views, expressing policies, and investigating the conditions in different sectors of oil ...

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