ADNOC Drilling posted a rise of almost 50% in third-quarter profit on Wednesday, driven by new rigs and reactivation of others this year, in addition to an increase in oilfield services.The unit of Abu Dhabi National Oil Company, which went public last month, made a profit of $178.4 million in the three months ending Sept. 30, up from $119.5 in the corresponding period a year ago, it said in a statement…
Malaysia's Sapura Energy said Thursday it had, between December 2022 and May 2023, secured ten contracts worth around 1.4 billion Malaysian ringgit (currently around $303 million) across the Asia Pacific and Atlantic regions.The contracts were secured across its Engineering and Construction (E&C)…
Oil and gas company SapuraOMV has recently completed drilling operations at the Kanga-1 well offshore Western Australia without encountering commercial hydrocarbon volumes.SapuraOMV used the Diamond Offshore Ocean Apex semi-submersible drilling rig…
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