Iran’s NIDC Allocates $123 million to Upgrade Drilling Rigs

• Monday, 5th July 2021
• by Fatma Ahmed

The National Iranian Drilling Company (NIDC) allocated $123.8 million for upgrading and renovating 70 drilling rigs and equipment across its operational, technical, specialized, and logistical departments.

Baker Hughes’ US Oil Rig Count Increases in April

• Sunday, 18th April 2021
• by Editorial Team

The number of Baker Hughes’s rotary drilling rigs operating in the US has increased on April 16, recording 439 rigs.

IMI, GustoMSC Ink Drilling Rigs License Agreement

• Monday, 21st October 2019
• by Editorial Team

Saudi Arabia’s International Maritime Industries (IMI) has inked a drilling rigs license agreement with GustoMSC, an NOV company.

Halliburton Inks Two Contracts with Eni in Iraq

• Sunday, 6th January 2019
• by Editorial Team

Halliburton has inked two contracts with Eni’s Iraqi subsidiary to provide integrated drilling services at Eni’s Zubair oilfield located in Southern Iraq.

KOC Signs $1.3B Contracts for Purchasing Drilling Rigs

• Monday, 19th November 2018
• by Editorial Team

The Kuwait Oil Company (KOC) has signed contracts worth $1.3 billion to buy over 86 drilling rigs.

Sino Tharwa Participated in Rig Rentals Tender

• Monday, 9th January 2017
• by Sarah Samir

Egypt's Sino Tharwa bid in the tender that was launched by Saudi Arabian American Oil Company (ARAMCO) to rent out three drilling rigs.

Kuwait Drilling and Honghua Group Struck $25m Deal

• Wednesday, 6th January 2016
• by Egypt Oil & Gas

Chinese-based land drilling rig manufacturer, Honghua Group (HH), has entered into a $25m sales agreement for ultra-deep drilling rigs with Kuwait Drilling Company (KDC).

GCC Rig Counts on the Rise Despite Oil Price Slump

• Thursday, 7th May 2015
• by Egypt Oil & Gas

As the oil industry tightens its belt after the worst price slump in a generation, the state-owned giants of the Middle East are taking the opposite tack.