Baker Hughes is working across the region including in Saudi Arabia and Egypt’s supergiant Zohr gasfield in the Mediterranean.
Read More »Oil Prices Decline as U.S. Considers some Waivers on Iran Oil Exports
U.S. sanctions will target Iran’s crude oil exports from Nov. 4.
Read More »Crude Oil Futures Stable amid Higher US Rig Count. US-China Tension
In the Permian Basin. the US'. most active oil and gas producing area. the rig count fell by one to 483.
Read More »Oil Price Rise as Production Stopped
With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.
Read More »Oil Prices Fall for 3rd Day in Row
American oil production remained at its highest level ever at 11 million barrels per day.
Read More »US Rig Count Holds Steady as Oil Prices Slip
The oil and gas rig count is now 104 up from this time last year.
Read More »Saudi Aramco Awards Baker Hughes Services Contract for Marjan Field
The oilfield is one of the three major offshore expansion projects in Saudi Arabia.
Read More »Oil Stable as U.S.-China Trade Dispute Weighs
OPEC-member Iran has exported around 2.5 million barrels per day of crude oil so far this year.
Read More »US Active Drilling Rigs Reduce Sharply while Oil Prices Rebound after 7-Week Loss
Most of the oil production growth of the United States comes from the Permian Basin.
Read More »Halliburton`s Vision to have Fully Automated Oil Fields
The company’s ultimate vision is to have an entirely automated oilfield and yes. this means robots.
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