Saudi oil and gas drilling contractor ADES Holding has signed a multi-year contract extension for its jack-up rig Aquamarine Driller with QatarEnergy.The estimated value of the contracts is $215 million, including the firm and optional extensions…
Digital twin technology company Aize has signed a Memorandum of Understanding (MoU) with McDermott to strengthen its presence and collaboration in the Middle East.The MoU spans the entire project lifecycle - from EPC through pre-operations to full operations…
Expro delivered what is said to be the world’s first fully remote five-plug cementing operation in the Kingdom of Saudi Arabia.The milestone operation, executed using Expro’s Generation-X Remote Plug Launcher (RPL) and proprietary SkyHook cement-line make-up device…
Offshore drilling contractor Shelf Drilling, through its subsidiary Shelf Drilling (North Sea) (SDNS), has secured a contract for the Shelf Drilling Winner jack-up rig with Tenaz Energy for operations in the Dutch North Sea.The firm term of the contract is one year…
Offshore drilling contractor Shelf Drilling has secured short-term contract for the Shelf Drilling Enterprise and a contract extension for the Trident 16 jack-up drilling rigs.The Shelf Drilling Enterprise has been hired for one firm well operation in Vietnam…
Saudi Arabian oil and gas drilling contractor ADES International Holding has agreed to buy rival rig firm Shelf Drilling for $379.8 million.The transaction is expected to close in the fourth quarter of 2025 subject to customary closing conditions…
Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, has signed a contract with a GCC-based company for its first offshore operation outside Saudi Arabia.The deal, signed with an undisclosed GCC-based energy company, is primarily for offshore exploration drilling…
Top oilfield services firm SLB narrowly beat Wall Street expectations for second-quarter profit on Friday, as resilient demand in parts of its international business helped offset drilling slowdown in North America, Mexico and Saudi Arabia.SLB…
Saudi drilling contractor Arabian Drilling has secured contract extensions for five of its jack-up drilling rigs, with a combined value of over $365 million.Arabian Drilling signed contract extension for four of its rigs with Aramco, with a combined backlog value of $364 million (SAR 1…