 |
Drilling market spurs oilfield service fimsSigns of improvement in the depressed North American drilling market and steady growth elsewhere helped oilfield services companies Schlumberger and Baker Hughes beat Wall Street's profit expectations. More… |
 |
Rising costs drag oil and gas into factory ageOil engineering consultant Steve earns 550,000 Australian dollars ($560,000) a year and is seeing new graduates signed up for six-figure salaries. These pay rates, along with other rising costs More… |
 |
Repsol plans to resume Libya drillingSpanish oil firm Repsol said it is making final preparations to resume drilling in Libya in early 2013, adding to signs that the Opec member's key industry is returning to normal after the 2011 civil war. "We have ordered More… |
 |
UAE sees $10bn gas project ready by 2014Abu Dhabi's huge sour gas development is on track for completion in late 2014 despite the challenges $10 billion project faces, the CEO of the operating company said on Tuesday. "Our facilities are 60 per cent complete an More… |
 |
Aramco to boost 2013 rigs to record highTop oil exporter Saudi Arabia may raise the number of its drilling rigs to a record high above 150 next year as the state oil giant ramps up exploration for unconventional gas, industry sources said. Boosting natural gas output helps Saudi More… |
 |
Scottish firm wins top Saudi drilling orderDeep Casing Tools, an Aberdeen-based casing and completion technology specialist, has secured a major order in Saudi Arabia following the introduction of its high-speed drillable reaming system. Successful runs in Saudi Arabia’s Eastern Pr More… |
 |
Baker Hughes to start Iraq drilling by next yearBaker Hughes International is on track to start drilling in Iraq's giant West Qurna oilfield by early 2012, a senior executive at the world's third largest oilfield services firm said. "Drilling activities in Iraq will probably start towar More… |
 |
Occidental set for gas exploration in BahrainUS oil giant Occidental will begin drilling for gas at the Bahrain Field 'any time now', said a senior government official. 'Cabinet approval for the deal has been received and a royal decree is set to be issued this week,' More… |
 |
Baker Hughes sees Saudi, Iraq drilling boostBaker Hughes, the world's third largest oilfield services firm expects drilling activity to pick up in Opec-members Saudi Arabia and Iraq from the second half of this year as delayed projects restart, a company executive said on Wednesday. More… |
 |
Iraq to ask Kogas to develop Akkas on its ownIraq's oil ministry will ask Korea Gas Corp (Kogas) whether it can develop Akkas gas field on its own after KazMunaiGas Exploration Production withdrew from the deal, a senior oil official said. Abdul-Mahdy al-Ameedi, director of the o More… |
