rigs | Egypt Oil & Gas - Part 2

Lamprell Awarded Two Jack-up Rigs Contract

UAE’s Lamprell was awarded a contract from International Maritime Industries (IMI) for constructing two jack-up drilling units.

Rowan Wins Saudi Aramco Rig Tenders

Rowan Companies jack-up rigs joint-venture ARO Drilling has been awarded six three-year contracts by Saudi Aramco for Rowan rigs.

Saudi Aramco Operates 220 Rigs Despite Oil Prices

Oil and gas company Saudi Aramco said it is currently operating about 220 drilling rigs as it sees continued investment in capacity.

Aramco, Nabros Formed Drilling Partnership

Saudi Aramco signed an agreement to form a new joint venture (JV) in Saudi Arabia to manage and operate onshore drilling rigs with the Anglo Energy company, Nabors.

US Shale Oil Producers Restart Rigs

Rigs targeting crude in the US rose by 9 to 325 in the last week of May and demand come closer into balance, Baker Hughes said adding that explorers have idled more than 1,000 oil rigs since the start of last year.

Oil and Water Ministries to Cooperate on Minya Irrigation Project

The Ministry of Petroleum and Mineral Resources has signed a protocol with the Ministry of Water Resources and Irrigation to cooperate on drilling 500 wells in the area of West Minya, to access underground water for ...

Egypt’s Sino Tharwa Wins Algerian Bid

Ahmed Anwar, Chairman of Sino Tharwa, has informed Egypt Oil & Gas that the company has tendered for and won an international bid round in Algeria.

US Oil Rig Count Drops to 5-Year Low

Rig counts for US oil drilling dropped to 614 nationwide last week, the lowest level since 2010, Bloomberg

OSOCO Issues Tender for New Rig in Egypt’s Gulf of Suez

Egypt Oil & Gas has learned that Offshore Shukeir Oil Company Co. (OSOCO) is preparing to launch a tender for a new rig for its development plan for the current fiscal year in the Gabal Al-Zayt concession area in the ...

Mexico’s Pemex Unlikely to Meet Production Targets

Petróleos Mexicanos, commonly known as Pemex, is unlikely to meet production goals for this year, The Wall Street Journal

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