rig | Egypt Oil & Gas

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.

Sound Energy to Mobilize Rig to Morocco’s Sidi Moktar

The exploration potential of the Sidi Moktar licences may reach up to 9tcf gas in place in the TAGI and Paleozoic.

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 ...

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. Vietnam calls on China to stop com ...

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 Mex ...

US Oil&Gas Rig Count Drops to Record Lows

The number of rigs drilling for oil and natural gas in the United States has fallen to the lowest level since at least 1940. In spite of the decline, oil and gas production has been surprisingly resilient.

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 over unsatisfactory performance.

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.

Agiba to Issue New Tender for Rig

Agiba Petroleum Company is preparing to launch a tender to hire a new drilling rig to execute its plan for the current fiscal year in the Eastern Desert concession area.

Khalda Issues Tender for a New Rig

Egypt Oil & Gas learned that Khalda issued a new tender to lease a rig for the company's operations in the Western Desert.

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