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Lamprell wins new jack-up drilling rig contract from Abu Dhabi firm
2015-04-29 01:00:00| Offshore Technology
Engineering services provider Lamprell has secured a jack-up drilling rig contract from National Drilling Company of Abu Dhabi.
Sinopec wins drilling rig contract for Ain Tsila project in Algeria
2015-04-28 01:00:00| Hydrocarbons Technology
Groupement Isarene, a joint venture comprising Sonatrach, Petroceltic and Enel, has awarded a drilling rig contract to Sinopec International Petroleum Service for the Ain Tsila gas and condensate field in Algeria.
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Oil holds above $65 on declined rig count in US
2015-04-27 01:00:00| Offshore Technology
The price of Brent crude oil remained above $65 a barrel today, after indications that US shale production may have started to drop.
Drilling down: Texas job numbers tank as oil price, rig counts fall
2015-04-25 16:42:52| Oil & Gas - Topix.net
Texas in March ended its impressive 53-month streak of positive job creation, and much of that had to do with the oil price collapse and rig count decline. The number of U.S. oil rigs in use fell by 26 to 734 for the week ending April 17, according to data from oil-driller Baker Hughes .
US oil and natural gas rig count drops by 22 to 932
2015-04-24 20:51:11| Oil & Gas - Topix.net
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 22 this week to 932 amid depressed oil prices. Houston-based Baker Hughes said Friday 703 rigs were seeking oil and 225 explored for natural gas.
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