The Finnish environmental services company Lamor Corporation Ab and the National Center for Environmental Compliance (NCEC) of Saudi Arabia have concluded an agreement to strengthen the oil spill response capabilities in the Red Sea area
The Suez Canal blockage has caused the build-up of vessels looking to transit the canal at both the northern and southern anchorages, according to Wood Mackenzie
Petroleum Development Oman (PDO) has signed US$4bn service contracts, covering project delivery and maintenance and integrity work in the north and south of its concession area
RigQuip Drilling Services has signed a MoU with Zamil Shipyards to open a base in Dammam, Saudi Arabia
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
