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World Land Drilling Rig Market Forecast 2021-2025 | Hellenic Shipping News Worldwide

2020 was a catastrophic year for rig demand, with drilling activity plummeting across the globe and reversing the improvement in activity levels witnessed following the previous downturn. Overall, the number of operational rigs is estimated to have fallen c. 25%, contracting from c. 4,570 units to c. 3,530 one year later. This drop in drilling .

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West Capella tipped to drill key well for Repsol in Indonesia s deep waters

West Capella tipped to drill key well for Repsol in Indonesia s deep waters
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2021 Has Been A Blockbuster Year For Offshore Oil And Gas

It’s been a huge year for offshore oil projects, with roughly $20 billion in final investment decisions so far in 2021 as the industry begins to bounce back

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10Aug2021 Pre-Market Commentary: Futures Flat Ahead Of Senate Infrastructure Bill Vote, DOW Down 13 Points, Nasdaq Up 0 2%, WTI Crude 67 37, US Dollar Squeeks Above 93, Bitcoin 45700

10Aug2021 Pre-Market Commentary: Futures Flat Ahead Of Senate Infrastructure Bill Vote, DOW Down 13 Points, Nasdaq Up 0 2%, WTI Crude 67 37, US Dollar Squeeks Above 93, Bitcoin 45700
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Norway records seven commercial discoveries in year to date - News for the Energy Sector

Norway records seven commercial discoveries in year to date Westwood Global Energy reports that there were two exploration and one appraisal wells active as of July 28. Key wells in July include frontier play tests at Stovegolvet and Stangnestind, both of which completed. A total of 17 exploration wells have completed to date in 2021, from which seven commercial discoveries have been made giving a 41% commercial success rate to date. By Dave Moseley, senior analyst at Westwood Global Energy 29/07/2021, 12:01 am Updated: 29/07/2021, 8:04 am Equinor and Total spudded the Stovegolvet exploration well on April 20 with the Deepsea Atlantic semi-submersible. Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape.

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