International activity is maintaining leisurely growth, while the U.S. continues to lag. Global oil production was up slightly in 2023, with stronger gains in the Americas. Offshore activity is buoyed by continued success in areas like Guyana, Suriname and Namibia.
OMV Petrom readies Black Sea drilling at Bulgaria’s Han Asparuh block
OMV Petrom and NewMed Energy are preparing to drill two offshore wells at Bulgaria’s Han Asparuh...
