Saturday 28 May 2016
 
»
Tag
 
»
Rigs

US targets trucks, rigs to hit Islamic State oil funding

US-led air strikes have hit at least 175 targets in the Islamic State's main oil-producing region over the past month, as Washington intensifies efforts to disrupt a key revenue source estimated to provide more than $1 million a day to the m

More…

Oil down as dollar offsets China move

Oil fell on Friday, erasing early gains as traders dismissed a rate cut by China to focus on a surging dollar and weaker spot prices for US crude as a glut weighed on prompt supplies. A rally in US stocks, however, bolstered risk

More…

National Drilling Company to buy 14 new rigs for $543m

The UAE's National Drilling Company has signed three key contracts worth $543 million to buy 14 new rigs, state news agency WAM reported on Sunday. One offshore and one onshore rig, worth $203 million, will be built in the UAE

More…

National Drilling Company to buy 14 new rigs for $543m

The UAE's National Drilling Company has signed three key contracts worth $543 million to buy 14 new rigs, state news agency WAM reported on Sunday. One offshore and one onshore rig, worth $203 million, will be built in the UAE

More…

UAE's National Drilling Company to buy 14 new rigs for $543m

The UAE's National Drilling Company has signed contracts worth $543 million to buy 14 new rigs, state news agency WAM reported.   One offshore and one onshore rig, worth $203 million, will be built in the UAE

More…

Saudi Aramco plans 250 rigs in 2016 if oil price soars

Saudi Aramco may raise the number of its oil and gas drilling rigs to as high as 250 next year if oil prices continue to firm and as domestic demand for gas increases, industry sources said on Thursday. Currently the national ener

More…

Qatar's GIS says oil price fall hits rig business

Qatari drilling rig provider Gulf International Services (GIS) said that one of the customers of its subsidiary Gulf Drilling International (GDI) would release a contracted rig in May because of the decline of oil prices.  

More…

Saudi looking beyond oil price slump as rig count spikes

As the global energy industry stares transfixed at a spectacular drop in US rigs, Saudi Arabia is ramping up the number of machines drilling for oil and gas despite a sharp fall in the price of crude. Industry sources and analysts

More…

Oil in biggest weekly drop since January on dollar

Crude oil prices closed down on Friday, with benchmark Brent losing its most in a week since January, as a resurgent dollar and fear of a US rate hike diverted attention from the shrinking number of rigs drilling for oil in the United States.

More…

NDC commissions five new rigs

Abu Dhabi-based National Drilling Company (NDC) has commissioned five new rigs assigned for the maintenance of oil wells in the UAE, as part of its fleet expansion plans covering onshore and offshore operations. NDC chief executiv

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads