Exploration & Production

Halliburton’s new Stega drill bit to increase drilling efficiency

hali drilAmerican multinational oilfield services company Halliburton has released Stega™ advanced drill bit, to optimise the placement of backup cutters to improve bit durability without decreasing drilling efficiency or rate of penetration (ROP)

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Ras Al Khaimah government launches first petroleum licensing round

ND RAK GasThe government of Ras Al Khaimah launched its first petroleum licensing round for 2018 and established the regulator, Ras Al Khaimah Petroleum Authority, for the tendering process amid brisk drilling activity in the region

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Gulf Oil International's unit signs distribution deal with ANGE in the UAE

Gulf Oil Image 02Gulf Oil Middle East Ltd said it has signed a deal with Al Naboodah Group Enterprises (ANGE) under which ANGE will distribute Gulf Oil’s automotive and industrial lubricants in the UAE

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Bahrain government finds largest oilfield in more than eight decades

BNA Oil 3The government of Bahrain on Sunday reported its largest oil find in more than eight decades located off its west coast

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EnerQuip sees 50 per cent jump in FY turnover on Middle East drilling activity

Dave Clark 3 002Energy services company EnerQuip said it expects a 50 per cent increase in turnover for 2018, boosted by sustained growth in activity in its Middle East markets

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