RigQuip Drilling Services has signed a MoU with Zamil Shipyards to open a base in Dammam, Saudi Arabia
Industry
54,000 wells to be drilled worldwide in 2021: Rystad Energy
Around 54,000 wells to be drilled worldwide in 2021, a 12% increase from 2020 levels, and in 2022, drilling is set to increase even more, by another 19% year-on-year to about 64,500 wells, according to Rystad Energy
Webinar: Is flange corrosion an 'isolated' issue?
Oil Review Middle East is hosting a free webinar on flange corrosion on Tuesday 30 March at 2pm (UAE)
Mubadala signs MoU with Snam
Mubadala Investment Company (Mubadala) and Snam, one of the world’s leading energy infrastructure operators, have signed MoU to collaborate on joint investment and development initiatives on hydrogen
Saudi Aramco achieves a net income of US$49bn in 2020
The Saudi Arabian Oil Company has announced its full-year 2020 results, demonstrating exceptional resilience despite the macroeconomic impact of COVID-19 and delivering on its intended dividend payments to shareholders
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