Saipem Secures Onshore Drilling Contracts in Middle East, South America

Saipem has been awarded new onshore drilling contracts in the Middle East and in South America worth $70 million,

Cheiron to Acquire 50% of Shell Egypt Onshore Upstream Assets

Cheiron Petroleum Corporation has agreed to purchase 50% of Shell’s upstream oil and gas interests in the Western Desert, according to press release. The remaining 50% of the interests will be purchased by Cheiron’s strategic partner, Cairn Energy plc, a new entrant into the Egyptian upstream sector.

El Molla Explores E&P Opportunities with Naftogaz

The Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed with the Deputy CEO of the Ukrainian company Naftogaz , Sergiy Pereloma, the available investment opportunities for oil and gas exploration and production (E&P).

Zenith Acquires Onshore Production Asset in Tunisia

The Canadian oil and gas company Zenith signed an agreement on 2nd March to acquire a working interest (WI) in an onshore oil production unit in Tunisia.

Predator to Commence Drilling in Morocco.

Predator Oil & Gas, a London-listed company, has signed a rig agreement with Star Valley Drilling to commence a drilling program on the Guercif licence onshore Morocco.

ADES Secures Deepwater Drilling Contracts with Baker Hughes

ADES announced that it has secured its first onshore deep drilling contracts under a lump sum turnkey project in Kuwait with Baker Hughes, a GE Company.

ADNOC Drilling Awards Zentech 3-Year Contract

Zentech will provide comprehensive engineering support for all ADNOC Drilling offshore and onshore rigs.

Abu Dhabi Launches Second Bid Round for New Blocks

The five new blocks open for bidding are Offshore Block 3, Offshore Block 4, Offshore Block 5, Onshore Block 5 and Onshore Block 2, with the latter offering two separate licensing opportunities for conventional and unconventional oil and gas.

ADES Acquires Onshore Contracts in Algeria

ADES International completed acquiring four onshore rigs contracts from Weatherford in Algeria.

ADES Renews Saudi Rigs Contracts

The contracts’ renewal term for all six rigs start during February 2019 as existing contracts expire.

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