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NEWS
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ADNOC Drilling and Helmerich & Payne enter framework agreement to enable growth and unlock efficiencies
2021-12-31ADNOC Drilling Company and Helmerich & Payne Inc. jointly announced the finalization of the Rig Enablement Framework Agreement streamlining ADNOC Drilling’s operations reducing costs and building shareholder value.
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Oil prices reach four-week high as markets account for Omicron
2021-12-31(Bloomberg) --Oil rose in tandem with equity markets as investors weighed the rapid spread of omicron against signs it may be milder than previous variants.
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Mexico to end oil exports in 2023 in bid to meet its own fuel needs
2021-12-31MEXICO CITY (Bloomberg) --Mexico plans to end crude oil exports in 2023 as part of a strategy by the nationalist government of Andres Manuel Lopez Obrador to reach self-sufficiency in the domestic fuels market.
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Hunting PLC forms JV with India’s Jindal SAW Limited
2021-12-31International energy services group Hunting PLC agreed to form a new 49%:51% joint venture with Jindal SAW Limited the Indian conglomerate.
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F-1600 Drilling Mud Pump Unit Delivery
2021-01-27Taihua Petro China-a professional supplier of drilling equipments and tools for oil/gas & water well drilling industry has just delivered two(2) sets of F-1600 (rated input power
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ERW Steel Casing, Tricone Drill Bits delivered to Ethiopia Client
2021-01-20Delivery for ERW blind casing tricone drill bits to our Ethiopia client was completed recently. The client is engaged in water well drilling in Ethiopia and other Africa countries
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