rig | Egypt Oil & Gas

Petroleum Minister Follows Up on Rig Operation at Khalda Fields

Minister of Petroleum and Mineral Resources Karim Badawi, accompanied by leaders of the petroleum sector, has visited the onshore oil rig EDC 76 of the Egyptian Drilling Company (EDC), which is currently drilling a ne...

Chariot Hires Stena Don Drilling Rig for Morocco’s Anchois Well

Chariot company announced that it has signed a contract with Stena Drilling company to use its Stena Don drilling rig for the planned Anchois gas appraisal well within the Lixus license offshore Morocco, a press relea...

Sound Energy to Mobilize Rig to Morocco’s Sidi Moktar

Sound Energy, the African and European focused upstream gas company, recently announced in a press release the mobilization of a rig to the company’s Sidi Moktar asset, onshore Morocco, World Oil reported. Accor...

Egypt’s Petrobel Extends Contract for Saipem’s Jack-Up Rig

The Egyptian company Petrobel has extended a contract for Saipem’s jack-up rig for work offshore in Egypt. The Company extended the contract for the Saipem-owned Perro Negro 4 jack-up drilling rig by two additional ye...

Vietnam Demands China to Move Oil Rig From Disputed Waters

Vietnam’s government said it had demanded China to remove an oil exploration rig from the Gulf of Tonkin, an area where the countries are still negotiating a delineation of control, ABC News reported. According to The...

BP to Pay $20b in Environmental Damage Over 2010 Oil Spill

In the largest environmental settlement in the US history, oil and gas giant BP will pay over $20b to the American government over damages caused by an rig explosion and oil spill on April 20, 2010 in the Gulf of Mexi...

US Oil&Gas Rig Count Drops to Record Lows

The number of rigs drilling for oil and natural gas in the US has fallen to the lowest level since at least 1940, oil services company Baker Hughes Inc said, The Wall Street Journal reported. The number of combined ri...

Norway’s Statoil Ends China Oil Rig Contract in the North Sea

Norway’s Statoil has decided to end its contract with the China Oilfield Services Limited, or COSL, which operates a drilling rig in the North Sea, Bloomberg reported. Statoil is to cancel the contract for the C...

NOSPCO to Issue New Tender for Rig

Egypt Oil & Gas learned that North Sinai Petroleum Company (NOSPCO) issued a tender to hire a new rig to execute the company’s plan for the current fiscal year in the Western Desert. The company will drill a...

Agiba to Issue New Tender for Rig

Egypt Oil & Gas (EOG) learned that Agiba Petroleum Company will issue a tender to lease a new rig to execute its plan for the current fiscal year in the Eastern Desert. The company will drill a number of crude oil...

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