Thursday 28 March 2024
 
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Aramco to set up two industrial units in Ras Al-Khair

Saudi Aramco has signed two agreements with the Royal Commission for Jubail and Yanbu (RCJY) to allocate it plots to set up two industrial projects at Ras Al-Khair Industrial City.    The agreements were sig

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Aramco to set up two industrial units in Ras Al-Khair

Saudi Aramco has signed two agreements with the Royal Commission for Jubail and Yanbu (RCJY) to allocate it plots to set up two industrial projects at Ras Al-Khair Industrial City.    The agreements were sig

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ADES plans expansion in Iraq, UAE

London-based ADES International Holding, a leading oil and gas drilling and production services provider in the Middle East and Africa, said it is stepping up operations in Iraq and the UAE. In its results for the first half (H1)

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Aramco, Rowan form new offshore drilling firm

Rowan Companies and the Saudi Arabian Oil Company (Saudi Aramco) have signed, through their subsidiaries, an agreement to create a 50/50 joint venture to own, operate, and manage offshore drilling rigs in Saudi Arabia. The new joi

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US targets trucks, rigs to hit Islamic State oil funding

US-led air strikes have hit at least 175 targets in the Islamic State's main oil-producing region over the past month, as Washington intensifies efforts to disrupt a key revenue source estimated to provide more than $1 million a day to the m

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Oil down as dollar offsets China move

Oil fell on Friday, erasing early gains as traders dismissed a rate cut by China to focus on a surging dollar and weaker spot prices for US crude as a glut weighed on prompt supplies. A rally in US stocks, however, bolstered risk

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National Drilling Company to buy 14 new rigs for $543m

The UAE's National Drilling Company has signed three key contracts worth $543 million to buy 14 new rigs, state news agency WAM reported on Sunday. One offshore and one onshore rig, worth $203 million, will be built in the UAE

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National Drilling Company to buy 14 new rigs for $543m

The UAE's National Drilling Company has signed three key contracts worth $543 million to buy 14 new rigs, state news agency WAM reported on Sunday. One offshore and one onshore rig, worth $203 million, will be built in the UAE

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UAE's National Drilling Company to buy 14 new rigs for $543m

The UAE's National Drilling Company has signed contracts worth $543 million to buy 14 new rigs, state news agency WAM reported.   One offshore and one onshore rig, worth $203 million, will be built in the UAE

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Saudi Aramco plans 250 rigs in 2016 if oil price soars

Saudi Aramco may raise the number of its oil and gas drilling rigs to as high as 250 next year if oil prices continue to firm and as domestic demand for gas increases, industry sources said on Thursday. Currently the national ener

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