Qatari Drilling Outfit Makes Record Profits

• Wednesday, 4th February 2015
• by Egypt Oil & Gas

Qatar’s Gulf International Services (GIS) on Tuesday reported a 108.4% increase in net profit last year after strong growth in the company’s drilling sector and a one-off non-cash accounting adjustment.

Offshore Drilling Set to Increase in 2015

• Tuesday, 20th January 2015
• by Egypt Oil & Gas

Based on Douglas-Westwood’s offshore drilling forecast, there are still plenty of wells to be drilled if the 2015 oil prices average between $50-70/bbl.

Repsol Completes Drilling Off Canary Islands

• Sunday, 18th January 2015
• by Egypt Oil & Gas

Repsol has completed operations on an exploratory well offshore the Canary Islands.

Northern Offshore Terminates Contract with Oceanic in Nigeria

• Tuesday, 13th January 2015
• by Egypt Oil & Gas

Northern Offshore Ltd. has issued a notice of drilling contract termination to Oceanic Consultants Nigeria Ltd. for the Energy Searcher.

Ithaca Energy: North Sea Facilities Near Completion

• Tuesday, 13th January 2015
• by Egypt Oil & Gas

Ithaca Energy says drilling continues on the Stella Ekofisk well for the Greater Stella Area (GSA) development in the UK central North Sea.

DNO Completes Drilling on Tunisian Offshore Well

• Wednesday, 7th January 2015
• by Egypt Oil & Gas

Drilling has concluded on the Jawhara-3 well in Tunisia’s Sfax offshore exploration permit, according to operator DNO.

Statoil hands out $5.1bn in drilling contracts

• Tuesday, 22nd May 2012
• by Egypt Oil & Gas

Norway's Statoil has awarded drilling contracts on the Norwegian Continental Shelf worth a combined Nkr30 billion ($5.1 billion), including options.