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Upstream drilling news

 

Rystad Energy: Ensco and Rowan merger

Two of the leading offshore drilling contractors have agreed to merge creating an industry-leading drilling contractor capable of working across all water depths with a truly global footprint.

 
 
 
 
 

Petrofac awarded US$600 million project in Algeria

Petrofac has received a provisional letter of award for an engineering, procurement and construction (EPC) contract worth US$600 million with Sonatrach for EPC1 of the Tinhert Field Development Project in Algeria.