Tag: drilling

Aramco awards Baker Hughes multi-year coiled tubing drilling contract

Baker Hughes has secured a multi-year settlement from Aramco to considerably develop its built-in underbalanced coiled tubing drilling (UBCTD) operations throughout Saudi Arabia’s pure fuel fields. The order, booked within the third quarter...

Unit Company sells contract drilling subsidiary to Cactus Drilling in $120 million deal

Unit Company has accomplished the sale of its wholly owned subsidiary, Unit Drilling Firm, to Cactus Drilling Firm L.L.C. in an all-cash transaction valued at $120 million.  ...

Condor Energies begins multi-well gasoline drilling marketing campaign in Uzbekistan

Condor Energies has launched a multi-well drilling program in Uzbekistan because the Canadian unbiased appears to be like to broaden pure gasoline manufacturing and reserves throughout its portfolio in Central Asia.  ...

Shale drilling drops for longest stretch since 2020 as rig rely slips once more

(Bloomberg) — The variety of rigs drilling for crude within the U.S. declined for the longest weekly streak in about 5 years as shale explorers shrugged off a latest soar in crude costs. The...

Petro-Victory begins drilling marketing campaign in Potiguar basin, Brazil

Petro-Victory Vitality Corp., an oil and fuel E&P firm centered on onshore Brazil,...

Drilling waste specialist TWMA studies good quarter, as a result of utilization of RotoMill expertise

Specialist drilling waste administration firm, TWMA*, has revealed its first quarter outcomes for 2025, together with income of $16.4million and EBITDA of $4.1m. The outcomes comply with a interval of progress on key...

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