Thursday 25 August 2016
 
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Drilling

Egypt approves five oil and gas exploration deals

Egypt's government has approved five oil and gas drilling and exploration agreements with foreign companies, Petroleum Minister Tarek El Molla said on Wednesday. Once an energy exporter, Egypt has turned into a net importer be

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Moody's warns of oilfield, drilling sector slump

The global oilfield services and drilling industry continues to endure a severe downturn as depressed energy prices prolong reduced spending by exploration and production (E&P) companies, said a leading rating agency. As credi

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Moody's warns of oilfield, drilling sector slump

The global oilfield services and drilling industry continues to endure a severe downturn as depressed energy prices prolong reduced spending by exploration and production (E&P) companies, said a leading rating agency. As credi

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'Record oil, gas drilling in Gulf states'

A record number of rigs are drilling for oil and gas on the Arabian peninsula even as drilling in the rest of the world tumbles in response to low prices, writes John Kemp, a columnist for Reuters. There were almost 290 rigs activ

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Iran firm sets up 15 drilling rigs in joint fields

The National Iranian Drilling Company (NIDC) has set up 15 offshore and onshore drilling rigs in joint fields spudding 100 wells, according to a report.   The company i currently drilling wells in Azadegan, South

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Eni in deal to explore deep offshore drilling in Morocco

Eni, an Italian oil and gas company, has signed a deal with Chariot Oil and Gas to explore deep offshore exploration permits I-VI granted by Rabat and located in the Northern Atlantic Margin of Morocco, according to a report. &nbs

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GDI, Dolphin Energy sign drilling services contract

Qatar’s Gulf International Services (GIS), the leading service group, has announced that its subsidiary Gulf Drilling International (GDI) has signed a contract with Dolphin Energy for drilling rig services, a report said. Th

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GDI, Dolphin Energy sign drilling services contract

Qatar’s Gulf International Services (GIS), the leading service group, has announced that its subsidiary Gulf Drilling International (GDI) has signed a contract with Dolphin Energy for drilling rig services, a report said. Th

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Aramco to keep same number of oil, gas rigs

State oil giant Saudi Aramco is expected to keep the same number of its oil and gas drilling rigs this year despite weak oil prices, industry sources said. Saudi Aramco has asked oilfield service companies and suppliers again this

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Churchill Drilling unveils hydraulic pipe recovery tool

Churchill Drilling Tools, a specialist engineering company delivering market-leading drilling solutions to the global oil and gas industry, has launched its HyPR HoleSaver in the Middle East.    The expansio

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