Tag: Drilling
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Egypt is looking forward to drilling 35 wells for oil and gas exploration
Egypt is implementing an integrated program in cooperation with major international companies to explore for oil and gas, as part of its strategic plan to benefit from its natural resources and become a regional center for energy trade. In this context, Petroleum Minister Tarek El-Molla revealed that his country has begun implementing an ambitious program…
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Officially.. Brazil prevents Petrobras from drilling for oil near Guyana
The Brazilian Environmental Protection Agency “Ibama” announced the rejection of the request of the state company Petrobras to explore for oil at the mouth of the Amazon River, near the coast of Guyana. This long-awaited decision comes after a technical recommendation from agency experts to reject the request, according to information seen by the specialized…
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Disappointment for the Norwegian company Equinor after drilling a well in the North Sea
The Norwegian company Equinor announced that the results of drilling the appraisal well “16/2-23S” in the North Sea were disappointing. The state-owned company drilled the well 7.5 km east of the Edvard Grieg field and 10 km west of the Johan Sverdrup field in the North Sea, with the semi-submersible drilling rig “Debsey Stavanger” of…
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ADNOC Drilling profits rise 33% in 2022
The UAE’s ADNOC Drilling Company recorded the highest quarterly revenues during the fourth quarter of 2022, after adding new drilling rigs to the company’s fleet and starting operations. Today, Monday, February 13, the Emirati company announced its financial results for the fourth quarter and the year ending on December 31, 2022. ADNOC Drilling achieved an…