ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 ...

ADNOC Drilling has signed a $112 million agreement to acquire a 70% stake in SLB’s onshore drilling rig operations in Kuwait ...

SLB said ADNOC Drilling agreed to acquire a 70% stake in its land drilling rigs business in Kuwait and Oman for as much as ...

A statement posted on the Saudi energy ministry’s site last month said the Minister of Energy Prince Abdulaziz bin Salman bin ...

Abu Dhabi’s ADNOC Drilling is embarking on a significant dual expansion, venturing into Kuwait and Oman through a strategic ...

Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

ADNOC Drilling Company announced today that it has signed an agreement to acquire a 70% stake in SLB's land drilling rigs business in Kuwait and Oman, comprising eight fully operational land rigs ...

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

The discovery has been made by the Wafra Joint Operations in North Wafra Wara-Burgan field, located 5 kilometres north of ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Kuwait, one of the top OPEC producers in the Middle East, plans to ...

Total rig count falls six to 578, oil down five, gas steady Gulf of Mexico rig count drops to lowest since September 2021 Permian shale rig count hits lowest since December 2021 May 9 (Reuters ...

The total U.S. rig count is made up of 479 oil rigs, 101 gas rigs, and four miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 523 horizontal rigs ...