BP's shift to renewables led to oil production decline and financial woes. 2024 profits plummeted from $14.9 billion to $2.34 ...

Overview: ADES Holding Company, with a market cap of SAR21.98 billion, operates through its subsidiaries to provide oil and gas drilling and production facilities across Egypt, Algeria, Kuwait, ...

The revolution is the product of advances in oil and natural gas production technology—notably, a new combination of horizontal drilling and hydraulic fracturing. These technological advances ...

Oman has leveraged its long-standing neutrality in a volatile region to make itself a uniquely valued partner for both global ...

HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced two contracts in the Middle East, with Kuwait Oil Company (“KOC ...

International announced two contracts in the Middle East, with Kuwait Oil Company and a National Oil Company in Qatar. KOC ...

The drilling unit of Abu Dhabi’s main oil company is looking to buy companies with operations in Kuwait and Oman as it looks ...

Jereh executive president Li Weibin said: “We will leverage our strengths in oil and gas field development, drilling and completion services, surface engineering, high-end equipment ...

CALGARY - Precision Drilling Corp. said it will be closely watching the startup of this country’s first liquefied natural gas export facility after being caught off guard by the dramatic ...

s shares have risen 9.49% over three years, outperforming crude oil ... Kuwait among others, indicating it will raise its production guidance. There is also Noble Corporation (NE) with 31 drilling ...

Albion Drilling Holdings will be incorporated into Van Elle’s specialist piling division. Credit: Maksim Safaniuk/Shutterstock. UK-based ground engineering contractor Van Elle Holdings has expanded ...