Tag: drilling

SLB wins built-in drilling contracts for Indonesia’s Tangkulo deepwater improvement

(WO) - SLB has been awarded a number of offshore drilling and nicely companies contracts by Mubadala Power for the Tangkulo deepwater gasoline improvement and related exploration and appraisal program within the Andaman...

Transocean to accumulate Valaris in $5.8-billion deal, creating offshore drilling large

(WO) — Transocean Ltd. has agreed to accumulate offshore driller Valaris Ltd. in an all-stock transaction valued at roughly $5.8 billion, creating what the businesses say would be the world’s highest-specification offshore drilling...

Africa set to guide international high-impact exploration drilling in 2026

Africa is anticipated to stay the world’s most lively area for high-impact oil and fuel exploration drilling in 2026, pushed by continued curiosity in ultra-deepwater and frontier basins, in response to new evaluation...

India’s $100 billion drilling push targets deepwater and frontier oil sources

(Bloomberg) – India’s efforts to develop oil drilling to beforehand restricted areas might assist entice investments value $100 billion by the tip of the last decade, Prime Minister Narendra Modi stated Tuesday.  ...

Bakken drilling faces pause as Harold Hamm cites shrinking margins

(Bloomberg) – Harold Hamm, the billionaire wildcatter who helped kick off the U.S. shale oil revolution, stated he’s about to close down drilling in North Dakota’s Bakken for the primary time in many years...

Condor Energies advances Uzbekistan drilling marketing campaign as first horizontal properly reaches TD

(WO) - Condor Energies has reached whole depth on its first horizontal properly in Uzbekistan’s Andakli discipline whereas two current workovers within the adjoining North Syuzma discipline have lifted mixed fuel and condensate...

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