Saipem wins two Kuwait onshore drilling contracts
Italian EPC and drilling firm Saipem has won two new onshore drilling contracts in Kuwait
E&P
Saudi Aramco extends leases on three offshore rigs
Saudi Aramco has given US-based drill rig provider, Rowan, a three-year extension for three of its jackup rigs operating offshore Saudi Arabia
Eni to start digging offshore Egypt in January 2016
Eni plans to start digging early next year in the ‘super giant’ gas field it recently discovered offshore Egypt
New Age subsidiary to begin drilling wells onshore KRI
Gas Plus Khalakan (GPK), a 75 per cent-owned subsidiary of New Age, will soon commence development drilling on three wells at Shewashan oilfield in Kurdistan Region of Iraq in order to bring them onstream in 2016
‘Iran to raise oil output at any cost to defend market share’
Iran has announced that it plans to raise oil production “at any cost” to defend the country’s market share and has joined calls for an emergency OPEC meeting to help shore up crude prices
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