Norway’s North Sea, Norwegian Sea, and Barents Sea are together the world’s most capital- intense oil-gas market. A fifth straight record year of investment is forecast here, and exciting new discoveries include the biggest oilfield found anywhere in 2010. New Arctic finds are enticing newcomer oil companies, and the barometers of industry health, like drill rigs, point to growth in this oil-rich land […]
I’ve just landed and stepped down onto the baking heat of the black tarmac at Jackson International Airport here in PNG. This country is the site of a new resource battleground, where western exploration comes head-to-head with traditional villagers, and the middle ground is a work in progress. The country sits atop some of the most favorable geology in the world, rich […]
The Cooper Basin is a desert like no other; it’s not the hottest or the driest. What it is, however, is truly enormous—on a scale that’s nearly unimaginable. Flying over the vast Australian outback en route to the rig and looking down at the seemingly limitless dunes, I find my mind singling out a small landmark on the […]
While analyzing the current tendencies in the industry, most of the oil and gas experts unite in at least one forecast—that the impressive sustainable development of the Montney Play area will only continue in the foreseeable future. Situated in northeastern British Columbia and extending into northwestern Alberta, the region’s vast potential stretches out around Dawson […]
If someone arranged a quiz in Japan on the topic “What do you know about Canada?” it is most likely that participants would quickly score the highest over the province of Saskatchewan. No doubt, there are many fascinating facts about this province rightfully attracting the attention of the world. For instance, Saskatchewan is the only […]
A bumper sticker popular years ago in Texas read: “If you don’t own an oil well, get one.” With nearly 16,000 oil and gas wells drilled in the state in 2011—and even more planned for this year—the possibility for many Texans of owning a portion of the production of an oil well is not that […]
Introduction The Republic of the Congo has been producing oil since 1957, but production increased sharply following offshore discoveries in the early 1980s at Pointe-Noire that have since made the Republic of the Congo the fourth largest oil producer in Sub-Saharan Africa. Pointe-Noire, the country’s second largest city and main economic center, benefits from its […]
Newfoundland and Labrador, Canada’s easternmost province, is a wild place. It is home to massive mountain ranges, endless bogs, more black flies than can be properly considered necessary, and a few people too. The province has a land area a tad bigger than Germany’s, but a population a few thousand short of Luxembourg’s. The island […]
Globally energy development is at many different stages of evolution. In some places new energy regimes such as solar and wind energy are coming into play with new energy cities like Masdar in Abu Dhabi, UAE. In other regions such as Eastern Canada and Alaska, we are just beginning exploration of new lands and are […]
The oil and gas industry remains Africa’s most valuable and profitable source of revenue. Now it is Africa’s time to shine! Visionary investors have a unique opportunity to capitalize on their investments like never before, as government efforts are working diligently to improve the business climate, and the oil industries environmental impact in Africa.
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