Drilling Magazine Media Intelligence, Contextual Wisdom

Royal Dutch Shell (RDSa.L) could sell some of its older, lower grade North Sea assets to improve the quality of its portfolio, CEO Ben van Beurden said on Tuesday, part of a two-year programme to help finance its purchase of gas major BG Group. After completing the $52 billion acquisition of BG in February, Shell said it would sell $30 ...

A record number of rigs are drilling for oil and gas on the Arabian peninsula even as drilling in the rest of the world tumbles in response to low prices. There were almost 290 rigs active in Saudi Arabia and the neighboring states of Kuwait, the United Arab Emirates and Oman in March, according to oilfield services company Baker Hughes. ...

A senior official with National Iranian Oil Company (NIOC) says the company is considering cooperation with Germany’s Wintershall in research and development (R&D) projects. Ali Kardor, NIOC’s deputy managing director for investment and finance, told Shana that Wintershall has indicated willingness to cooperate with NIOC in research and development areas and the two companies may start cooperation in the future. ...

The fourth Issue of Drilling Industry Magazine was published.      

We publish the most comprehensive and up-to-date information on drilling permits, drilling activityand drilling rig locations in the Iran. Our rig data reports and dataset products include complete contact details for drillers and operators, legal descriptions of wells, driving directions to working rig locations and so much more. You can  see some information of our package data(market share of companies) ...

Number 12 & 13 Number 10,11   Number 8,9   Number 6,7                                                           Number 5                    Number 3,4                 ...

BP and Kuwait Petroleum Corporation (KPC) have signed a framework agreement to explore possible joint opportunities for investment and cooperation in future oil, gas, trading and petrochemicals ventures. Signed by BP CEO Bob Dudley and KPC CEO Nizar Mohammad Al-Adsani, the agreement paves the way for both companies to jointly invest and cooperate in oil and gas projects in Kuwait ...

The Iranian Offshore Oil Company (IOOC) signed 85 operation, development, construction, and service contracts last year (ended March 19) as 15 of contracting parties came from foreign entities, said an official of the firm. “Total value of the contracts was IRR 6,400 billion and 700 million euros based on 120 tender notices and 85 contracts with foreign and domestic parties,” ...

BP has appointed a new head for its integrated supply and trading (IST) business in the eastern hemisphere, industry sources said on Friday. Janet Kong, currently head of trading analytics for the eastern hemisphere, will take over from Andy Milnes to head the business unit later this year, they said. The IST is BP’s face to the traded markets in ...