Wednesday 18 January 2017
 
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Drilling

Iran’s NIDC in charge of 60pc of drilling ops

The National Iranian Drilling Company (NIDC) is now responsible for drilling operations in 60 percent of onshore and 25 offshore wells, said a top official. NIDC has drilled 4,178 oil and gas wells, saving the country about $16 bi

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Managed pressure drilling market to top $4.6bn

The global managed pressure drilling services market is likely to cross $4.6 billion over the next five years with a compound annual growth rate (CAGR) of 3.8 per cent during the period, according to an expert. Growing energy dema

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Managed pressure drilling market to top $4.6bn

The global managed pressure drilling services market is likely to cross $4.6 billion over the next five years with a compound annual growth rate (CAGR) of 3.8 per cent during the period, according to an expert. Growing energy dema

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NIDC in drilling ops for 141 oil and gas wells

National Iranian Drilling Company (NIDC) has drilled or completed drilling operations on 141 oil and gas wells both onshore and offshore, said a top official. The operations amounting to 197,958 metres were carried out by the NIDC

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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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