Arab Contractors to complete drilling two car tunnels under Suez Canal soon
Egypt’s state-run construction firm Arab Contractors says it is near to complete drilling of 700 metres under the…
Browsing Tag
drilling
Oil prices hit 2-month high on tighter US market, Venezuela sanctions risk
Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions…
Oil prices recover some losses but market still under pressure
Oil prices recovered some losses on Monday after a three percent fall in the previous session, but markets remain…
Oil prices driven up by futures bets, but market remains bloated
Oil prices rose early on Monday as futures traders bet the market may have bottomed after a recent steep fall,…
SDX Energy finishes drilling campaign at SD-1X well in Egypt
North Africa focused oil and gas company SDX Energy Inc said on Friday drilling on the SD-1X on the South Disouq…
Oil prices fall on expected climb in US production
Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for as long as four days…
Oil prices firm on strong demand, political uncertainty in Syria
Oil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although another…
Oil drops as US drilling offsets talk of OPEC-led cut extension
Oil prices fell on Monday as rising U.S. drilling activity outweighed talks that an OPEC-led production cut…
Obama bans oil drilling ‘permanently’ in millions of acres of ocean
Outgoing US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of…
Eni-BP deal not to ‘harm’ drilling works at Zohr field: sources
The drilling works at Egypt's giant gas field Zohr would not be hurled by Italy's Eni deal with BP to sell 10…
