SLB has launched AlphaSight, a new reservoir mapping and drilling intelligence technology that improves visibility and control in complex drilling environments, setting a benchmark and helping maximise production potential.
Weatherford International, a leading oilfield service company, secured significant orders in 2025 across GCC from heavyweights including Oman PDO, Oxy, Kuwait Oil Company and Bahrain Petroleum (Bapco) for well services, gas-lift as well as directional drilling and MPD services.
ADNOC Drilling Company today announced record fourth quarter (Q4) and full year (FY) 2025 results, marking a step change in scale, technology-enabled performance and excellence in execution. The company's revenue totalled $4.9 billion, up 22% year-on-year (YoY); EBITDA was $2.2 billion, an increase of 9% YoY; and net profit hit $1.45 billion, a growth of 11% YoY.
Action Energy Company (AEC), a leading Kuwaiti onshore drilling and oilfield services provider, has begun trading on Boursa Kuwait’s Premier Market following the completion of its private placement. It raised KD55.1 million ($180 million) from local and international investors.
Eni North Africa, the Italian energy company, has resumed its exploration activities in the offshore area northwest of Libya, specifically in Block 16/4, after a hiatus of more than five years.
Adnoc Drilling Company has reported financial results for the third quarter (3Q) and the first nine months of 2025. The highlights of the 9 months 2025 performance showcase significant growth, with revenue hitting $3.63 billion, reflecting a 27 per cent increase year-on-year.
Baker Hughes has announced that it has secured a major contract from oil giant Aramco to expand its integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The order was booked in the third quarter.
