GlobalData: China forms new state entity to explore ultra-deep oil and gas reserves
This move is in response to President Xi Jinping's directive to bolster the country's energy security by developing ‘new productive forces’.
Drilling & production - 03 July 2024
Advertisement
KCA Deutag completes final stage of Saipem Onshore Drilling acquisition
The company has announced the final stage of the Saipem Onshore Drilling acquisition completed at the end of June following the transfer of the six remaining rigs in Argentina, Kazakhstan and Romania.