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Aramco to set up two industrial units in Ras Al-KhairSaudi 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 More… |
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Aramco to set up two industrial units in Ras Al-KhairSaudi 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 More… |
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ADES plans expansion in Iraq, UAELondon-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) More… |
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Aramco, Rowan form new offshore drilling firmRowan 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 More… |
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US targets trucks, rigs to hit Islamic State oil fundingUS-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 More… |
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Oil down as dollar offsets China moveOil 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 More… |
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National Drilling Company to buy 14 new rigs for $543mThe 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 More… |
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National Drilling Company to buy 14 new rigs for $543mThe 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 More… |
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UAE's National Drilling Company to buy 14 new rigs for $543mThe 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 More… |
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Saudi Aramco plans 250 rigs in 2016 if oil price soarsSaudi 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 More… |
