Arabian Drilling Company, a major national onshore and offshore drilling contractor in Saudi Arabia, has announced that Aramco has extended several onshore contracts and one offshore rig contract, due to expire in 2023, for periods ranging from three to 10 years
Exploration & Production
Low-carbon emission USV completes remote subsea inspection
Geo-data specialist Fugro has completed the Middle East’s first remotely operated subsea inspection using a low-carbon emission uncrewed surface vessel (USV)
TWMA awarded US$15mn contract for bp's Egyptian oil & gas project
TWMA has been awarded a contract worth up to US$15mn to support a large-scale oil and gas project for bp in Egypt
Arabian Drilling Company scoops Aramco land rig contracts
Arabian Drilling Company, a major national onshore and offshore drilling contractor in Saudi Arabia, has won a number of five-year contracts from Aramco for 10 additional land rigs, amounting to more than SR3bn (US$799,680,000)
Exploration spending on the up but discoveries disappointing: Rystad Energy
Spending on conventional oil and gas exploration is rebounding and expected to exceed US$50bn this year, the highest since 2019, according to new research from Rystad Energy