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Thursday, 21 February 2019 18:58

FPS Market in Americas to Grow 7%

The floating production systems (FPS) market in Americas will register a CAGR of almost 7% by 2023, said a study.…
Thursday, 21 February 2019 04:25

Turkey Set to Begin Drilling off Cyprus

Turkey will begin drilling for oil and gas near Cyprus in coming days, state-owned news agency Anadolu reported Foreign Minister…
Tuesday, 19 February 2019 19:11

KCA Deutag Wins Multiple Drilling Contracts

Global drilling and engineering contractor KCA Deutag (KCAD)  has been awarded new contracts and contract extensions worth $110m to perform…
Tuesday, 12 February 2019 17:26

Velesto Gets Contract Extension from Hess

Malaysian drilling contactor Velesto Drilling said that the oil company Hess Exploration and Production Malaysia has extended the contract for…
U.S. oilfield services giant Schlumberger has withdrawn its bid for a stake in Russia's Eurasia Drilling Company (EDC) Russia's Federal…
A French court has rejected an urgent request by environmental groups including Greenpeace and Surfrider Foundation Europe to deny oil…
Wednesday, 30 January 2019 17:52

Petrobel Contracts Shelf Rig

UAE-headquartered offshore drilling contractor Shelf Drilling has received a contract award for one of its jack-up rigs with Belayim Petroleum…
Tuesday, 29 January 2019 18:10

Lundin Granted North Sea Drilling Permit

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for a wildcat well in the North…
Friday, 25 January 2019 07:26

Turkey to Begin Drilling Around Cyprus

Turkey will begin drilling for resources around Cyprus, Foreign Minister Mevlut Cavusoglu said on Friday, a move that could create…
Norway's Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well…