All articles by Gullapalli Gullapalli

Gullapalli Gullapalli

Oil India completes capping operation at Kharsang oilfield after blowout

A key part of the operation was the safe removal of the damaged BOP from the wellhead.

SK Earthon South East Asia oil exploration expands with North Ketapang stake

This is the company’s third exploration block in Indonesia following its earlier successes in the Serpang and Binaiya blocks.

Gulf of Suez oil discovery to add 3,000bbl/d to Egypt’s production

This development is part of a sequence of recent achievements in Egypt’s oil and gas exploration activities.

RH Petrogas begins drilling Karim-1 exploration well in Indonesia

The planned trajectory for Karim-1 is a vertical well with a total depth of around 4,300ft.

DeepOcean wins subsea construction contract in UK

The contract also covers the protection of the flowline and umbilical, in addition to commissioning the newly installed infrastructure.

Transocean exercises options for drill-ships and semi-submersibles

OMV Petrom exercised a single-well option for the Transocean Barents drilling rig in Romania at a rate of $480,000/d.

Trump administration lifts curbs on oil and gas drilling in Alaska reserve

The previous administration under Joe Biden blocked leasing for oil and gas extraction across 10.6 million acres within the reserve.

Oil prices surge after Ukrainian attack on major Russian port

The price of Brent crude increased by $1.50 (2.4%) to $64.51/bbl.

DeepOcean wins Equinor contract for subsea work on Snorre gas project

DeepOcean’s contract covers preparatory subsea work such as isolation pig tracking, removal of pipeline coatings and cutting operations.

Repsol explores reverse merger for upstream unit with US partners

In 2022, Repsol agreed to sell a 25% stake in its upstream unit to EIG in a transaction that valued the division at $19bn (€16.36bn) including debt.