Middle East
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (July 30, 2021)
A new Walker Ridge discovery in the U.S. Gulf by Chevron plus two more Wolfcamp Shale producers from CrownQuest’s Avogadro prospect in the Permian Basin top this week’s oil and gas drilling activity highlights from around the world.
Field Development , Technology
Proserv Secures ‘Significant’ Contract for Majnoon Oil Field in Iraq
Houston-based KBR facilitated the deal with Proserv aimed at boosting oil production capabilities at a key Iraqi asset.
Investment , International
Iraq Wants American Firm to Replace Exxon, Prime Minister Says
Iraq's Prime Minister Mustafa al-Kadhimi said on July 26 he wants another American company to replace Exxon Mobil Corp. when it exits Iraq.
Crude Oil , Trade , International
US Weighs Crackdown on China’s Import of Iranian Oil
Chinese refiners are the biggest importers of Iranian oil. That U.S. officials are hinting at a possible crackdown may be a veiled threat that Washington has ways to exact a price from Tehran, says analyst.
International
OPEC+ Yet to Make Progress in Resolving Impasse
OPEC+ has yet to make progress closing divisions between Saudi Arabia and the United Arab Emirates that last week prevented a deal to raise oil output, making another policy meeting this week less likely, OPEC+ sources said on July 12.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (July 1, 2021)
Pantheon Resources North Slope test, Chesapeake Marcellus well completion plus EOG Resources Eagleville Field wells producing from the Eagle Ford Shale and Austin Chalk top this week’s oil and gas drilling activity highlights from around the world.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of June 30, 2021
Here’s a snapshot of recent energy deals including an ‘exciting re-entry’ by Surge Energy and Nabors’ Canadian exit plus an investment in a synthetic natural gas startup by Baker Hughes.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (June 25, 2021)
Shell’s recent high-volume Pliocene discovery in the Gulf of Mexico plus Marathon Oil Upper Three Forks wells and Chesapeake Marcellus Shale completions in Pennsylvania’s Bradford County top this week’s oil and gas drilling activity highlights from around the world.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of June 23, 2021
Here’s a snapshot of recent energy deals including $102.2 million worth of acquisitions in the Permian Basin by Northern Oil and Gas.
Trade , International
Iran Claims US Agreed to Lift Oil Sanctions
Like other Western and Iranian negotiators who have said the talks remain a long way from conclusion, German Foreign Minister Heiko Maas said on June 23 that Tehran and the powers still had to overcome significant hurdles.