The Angolan National Agency for Oil, Gas and Biofuels has revealed that one person was missing following a fire on Chevron’s deepwater Benguela Belize Lobito Tomboco (BBLT) oil platform. The fire broke out on May […]
Sable Offshore, a Texas-based oil company, has restarted oil output from a platform off the coast of California, where production has been offline for a decade. Two more platforms are left to be brought back […]
ENB Pub Note: Vietnam has a monopoly structure run by PetroVietnam and was not mentioned in the article from Asiaoffshore. The update on the new offshore jackup is good news for new drilling as it […]
A fire at Chevron’s deepwater Benguela Belize Lobito Tomboco (BBLT) oil platform off Angola left 17 injured, including four critically. The fire broke out around 3 am local time in the basement of the multi-story […]
Daily Standup Top Stories Saudi Arabia poised to increase summer crude burn for power May 20, 2025 Clark Savage There are several ways to look at Saudi Arabia’s use of crude oil to burn for electrical […]
There are several ways to look at Saudi Arabia’s use of crude oil to burn for electrical generation. First, it is fiscally responsible, but it may not be the best long-term solution for their local […]
ENB Pub Note: I have added an updated list of the Petrobras drilling and production expectations for 2025. Petrobras, Brazil’s state-run oil company, has outlined ambitious drilling and production expectations for 2025 as part of […]
Saudi oil and gas driller ADES has signed a contract renewal for one of its offshore jackup rigs with compatriot Aramco. The company did not disclose which rig this was, but did say that the […]
Introduction In the world of oil and gas exploration, accurately valuing wells is a cornerstone of sound financial decision-making. Investors, operators, and stakeholders rely on robust financial metrics to assess the profitability and viability of […]
U.S. oil and gas drillers are slowing down drilling activities, as evidenced by a consistent decline in active rig counts across major basins in 2024 and 2025. This slowdown is driven by several factors: Lower […]
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