Posts Tagged ‘Drilling’

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 ...