Kuwait Oil Company Awards landmark Drilling Deal to Egypt’s EDC

• Wednesday, 28th January 2026
• by Samar Samir

The Egyptian Drilling Company (EDC) has been awarded a new contract to operate a 1,500-horsepower (HP) onshore drilling rig for the Kuwait Oil Company (KOC), marking the first time an Egyptian company secures a drilli...

ADES Secures $640M Drilling Rig Contracts in Kuwait

• Tuesday, 13th August 2024
• by Doaa Ashraf

ADES Holding Company (ADES) has secured six onshore contracts through its subsidiary with Kuwait Oil Company (KOC). The Award includes new contracts for four of the ADES’ current operating rigs in Kuwait as well as tw...

Masirah Oil Awards Drilling Rig Contract

• Thursday, 7th November 2019
• by Editorial Team

Masirah Oil Limited, the owner of the Block 50 concession off Oman’s eastern seaboard, has awarded a drilling rig contract to Foresight Offshore Drilling Limited, Oman Observer reported. The contract is anticipated to...

Eni Pays $1 B over Three Years for Zohr Drilling Rig Rental

• Monday, 31st December 2018
• by Sarah Samir

Egypt paid a total of $1 billion over three years for renting Saipem 10000 drilling rig, which is working in the Zohr natural gas field, sources in the oil and gas sector told Al Borsa. Eni spent around $1 million per...

SDX, Sino Tharwa Sign New Rig Contract

• Sunday, 18th February 2018
• by Sarah Samir

SDX Energy Company signed a new rig contract with for Sino-Tharwa Drilling Company Sino-Tharwa for the latter’s ST-6 rig to operate in Ibn Yunus-1X exploration well at South Disouq, Egypt, Egypt Oil & Gas re...