Egypt’s state-run construction firm Arab Contractors says it is near to complete drilling of 700 metres under …
Tag:
drilling
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forex news
Oil prices hit 2-month high on tighter US market, Venezuela sanctions risk
by Yomna Yasserby Yomna YasserOil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the …
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forex news
Oil prices recover some losses but market still under pressure
by Yomna Yasserby Yomna YasserOil prices recovered some losses on Monday after a three percent fall in the previous session, but …
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forex news
Oil prices driven up by futures bets, but market remains bloated
by Yomna Yasserby Yomna YasserOil prices rose early on Monday as futures traders bet the market may have bottomed after a …
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Industry & Trade
SDX Energy finishes drilling campaign at SD-1X well in Egypt
by nada nasserby nada nasserNorth Africa focused oil and gas company SDX Energy Inc said on Friday drilling on the SD-1X …
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Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for …
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forex news
Oil prices firm on strong demand, political uncertainty in Syria
by Yomna Yasserby Yomna YasserOil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although another …
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forex news
Oil drops as US drilling offsets talk of OPEC-led cut extension
by Yomna Yasserby Yomna YasserOil prices fell on Monday as rising U.S. drilling activity outweighed talks that an OPEC-led production cut …
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International News
Obama bans oil drilling ‘permanently’ in millions of acres of ocean
by nada nasserby nada nasserOutgoing US President Barack Obama has permanently banned offshore oil and gas drilling in the “vast majority” …
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Industry & Trade
Eni-BP deal not to ‘harm’ drilling works at Zohr field: sources
by Noha Gadby Noha GadThe drilling works at Egypt’s giant gas field Zohr would not be hurled by Italy’s Eni deal …