rig


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The state's highest rig count this year was 140 for the first week of January, Houston oil-field services company Baker Hughes reported.
Weatherford International plc (NYSE:WFT) disclosed on Monday that it closed the sale of two land drilling rigs that were relocated in Algeria and has delivered two idle land drilling rigs from Iraq.
With increased mine site safety requirements, a new rig can meet those new safety requirements where an older rig might not make the grade and cost a drilling contractor a contract award.
The well-established Rig Inspection Consultancy division of the company provides services to drilling rig owners and operators.
'It is one thing that would upscale the activities of NGSA and it would also generate revenue because a lot of companies need high capacity rig that can reach the depth.
The oil rig count plunged from a record high of 1,609 in October 2014 to a low of 316 in May after crude prices collapsed in the biggest price rout in a generation due to a global oil glut.
The project is on the high specification jack-up rig 'Bob Palmer', one of the largest jack-up rigs in the world, owned and operated by Rowan Companies, which is one of the world's leading providers of offshore contract drilling services, and long-term client of Asry's.
"ASRY's diversification into rig repair has continually proven to be one of the yard's most perceptive moves, with its revenue cycle complementing ship repair's cycle," commented ASRY's chairman of the Board of Directors, Shaikh Daij bin Salman Al Khalifa.
The year 2016 also saw the highest number of rig repair contracts in the yard's history.
ISLAMABAD -- Oil and Gas Development Company Limited (OGDCL) has nine own rigs with the capacity to drill upto 5,500 meters deep, a senior official in the company said.
The following is a direct result of that relationship." McGeough, now director of operations for Flying by Foy, rewards us with the history of performer flying, starting with the Greeks and following through with colorful descriptions of Peter Foy's innovations like the Track-on-Track system and his work in the movies, all supported with fly rig diagrams and amusing show anecdotes.
Lamprell, a leading provider of fabrication, engineering and contracting services to the onshore and offshore energy industry, has completed the construction of the jackup drilling rig, the "Shuwehat" and delivered it to the Abu Dhabi's National Drilling Company (NDC) as per schedule.