Tag: drilling

Trump criticizes UK North Sea tax for discouraging drilling

(Bloomberg) – U.S. President Donald Trump criticized the UK’s strategy to taxing North Sea oil and fuel, saying it discouraged drilling and raised power costs.  Britain ought to cease utilizing “pricey and unpleasant windmills”...

Matador plans to chop drilling exercise, drop one rig by mid-2025

(Bloomberg) -- Texas shale-oil firm Matador Sources Co. plans to drop certainly one...

Nabors, Corva AI be a part of to advance digital transformation in drilling {industry}

Nabors Drilling Applied sciences and Corva AI announce the enlargement of their strategic alliance, reinforcing the shared imaginative and prescient to speed up digital transformation within the drilling {industry}. Constructing on the strategic alliance,...

Namibia unveils offshore drilling plans, new licensing alternatives

Namibia’s offshore oil and fuel trade is ready for important development in 2025, pushed by new licensing alternatives and an uptick in drilling actions, Petroleum Commissioner Maggy Shino introduced throughout a webinar hosted...

TWMA breaks floor on Center East drilling waste administration facility

TWMA's CEO, Halle Aslaksen, and UAE Common Supervisor, Pierre-Marie Hinden TWMA* has formally damaged...

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