Gulf Times - drilling
Indian rescuers try drilling from above into disaster tunnel

Indian rescuers try drilling from above into disaster tunnel

Indian rescuers began drilling from above a debris-filled tunnel Thursday in a desperate bid to reach dozens of people missing since a flash flood likely caused by a breaking glacier four days earlier.

QP starts development drilling work for NFE

QP starts development drilling work for NFE

Qatar Petroleum has announced the start of the development drilling campaign for the North Field East Project, or NFE, which previously was known as the North Field Expansion Project.

Gulf Labs launch new jack-up drilling platform ‘Ammonite’

Gulf Labs launch new jack-up drilling platform ‘Ammonite’

Local Qatari geotechnical and material testing laboratory, Gulf Laboratories Company, has recently added the new jack-up drilling platform ‘Ammonite’ to its fleet of nearshore drilling equipment.

US set to overtake Saudi as crude oil producer: IEA

US set to overtake Saudi as crude oil producer: IEA

Crude production of 9.9 million barrels per day in the US was now at the highest level in nearly 50 years, "putting it neck-and-neck with Saudi Arabia, the world's second largest crude producer after Russia," the IEA said.

Qatar Petroleum signs deal for Block 52 in offshore Oman

Qatar Petroleum signs deal for Block 52 in offshore Oman

The parties will comprise of Qatar Petroleum with a participating interest of 30%, Eni with a participating interest of 55%, and Oman Oil Company with a participating interest of 15%.

Iraq drills well in Huwaiza oil field near Iranian border

Iraq drills well in Huwaiza oil field near Iranian border

Iraq started drilling the first well in the Huwaiza oil field near the Iranian border, which may contain one billion barrels in reserves, the Iraqi oil ministry said on Sunday.

Oil touches three-month lows as US supply swells

Oil touches three-month lows as US supply swells

Oil hovered around three-month lows on Monday, as rising inventories and drilling activity in the United States, the world's top energy consumer, offset optimism over Opec's efforts to restrict crude output and reduce a global glut.

India awards drilling rights for new oil, gas fields

India awards drilling rights for new oil, gas fields

India has awarded drilling rights for 31 small oil and gas fields as it looks to reduce its costly dependence on energy imports.

Oil market on track to rebalance this year: al-Sada

Oil market on track to rebalance this year: al-Sada

HE the Minister of Energy and Industry and current OPEC president Dr Mohamed bin Saleh al-Sada has said the “oil market was on the right track towards rebalancing in the second half of 2016.”