The Dublin-based Petroceltic International had successfully drilled the first of 24 new development wells on its Ain Tsila gas and condensate field in Algeria.
The number of rigs drilling for oil and natural gas in the United States has fallen to the lowest level since at least 1940. In spite of the decline, oil and gas production has been surprisingly resilient.
Russia’s largest oil producer Rosneft will start drilling its first international offshore well as a sole operator off the south coast of Vietnam this month.
Central African oil player, SOCO International, said it came up empty-handed while drilling the Baobab Marine 1 well in the waters off the coast of the Democratic Republic of Congo.
South Africa's Sasol has obtained permission to drill for appraisal at an area adjacent to its Pande and Temane gas fields in Mozambique, the company stated without disclosing further details.
Turkey intends to cooperate with Egypt in searching for natural gas in the Mediterranean, given the latter's experience in deep-water drilling, Turkish Energy Minister Taner Yıldız says on an official visit to Egypt.