Posts Tagged ‘Drilling’

Top oil lobbyist warns of political risk in Norway

OSLO • Norway’s oil industry is in full recovery mode, but the country’s top petroleum lobbyist is worried about growing opposition ahead.
At the same ...

Sapura Energy bags RM760m contracts

Sapura Energy Bhd has bagged a RM760 million contract for its drilling and engineering and construction businesses, lifting the value of contract wins to ...

Sapura Energy in talks for OMV-like partnership in drilling

The company has been approached by several international companies for a strategic partnership in the drilling biz segment, says group CEO
by RAHIMI ...

UK North Sea drilling at 40-year low

LONDON • The oil business has mostly recovered from a worst-in-a-generation crude price slump, but not everyone is celebrating.
The UK North Sea is on ...

Velesto Energy bags RM44m contracts from Petronas Carigali

by TMR
Velesto Energy Bhd’s (VEB) unit Velesto Drilling Sdn Bhd has received two letter of awards worth US$10.8 million (RM43.94 million) from ...

Perisai postpones rig deliveries to Aug 31 this year

By AYISY YUSOF
Cash-Strapped Perisai Petroleum Teknologi Bhd has mutually agreed with PPL Shipyard Pte Ltd to further extend the delivery date again ...