ARiES One
energy consultants

The latest Baker Hughes rig count shows steady gains in North America, with both U.S. and Canadian rig activity inching upward, while international markets maintain stable momentum.

The latest Baker Hughes rig count shows steady gains in North America, with both U.S. and Canadian rig activity inching upward, while international markets maintain stable momentum.

Equinor has commenced production from the Bacalhau field in Brazil’s Santos Basin — one of the country’s largest and most advanced deepwater projects, featuring over 1 billion barrels of recoverable reserves.

Global drilling activity shows a mixed trend this week — U.S. rig counts dip slightly, Canada edges upward, and international operations continue to strengthen.

Italian energy major Eni  has strengthened its position in Côte d’Ivoire’s offshore sector  with the acquisition of the I-707 exploration block , located near its 2024 Calao discovery . The move expands Eni’s footprint to 10 offshore blocks  across the country, reinforcing its long-term commitment to West Africa’s emerging deepwater play. Eni Côte d’Ivoire deepwater exploration - Strategic Growth and Synergy Potential The I-707 block  spans 2,926 square kilometers  in water d