Kuwait Oil Company hires Halliburton for offshore drilling services

first_imgKuwait Oil Company has signed an offshore drilling services contract with U.S. oilfield services major Halliburton.Pictured left to right: Halliburton Eastern Hemisphere President Joe Rainey, KOC CEO Emad Mahmoud Sultan, KOC Deputy CEO Drilling and Technology Nayef Al-Enezi and KOC CEO Exploration and Gas Ahmed Al-Eidan. (Photo: Business Wire)The contract is for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian Gulf within Kuwait territorial water. While the parties did not share the financial details of the deal, Bloomberg has reported that the value is around $597 million.Halliburton will provide and manage drilling, fluids, wireline and perforating, well testing, coring, cementing, coiled tubing, and all offshore logistical services. Additionally, Halliburton said it would provide the offshore rigs and supply vessels for the project.KOC CEO Emad Mahmoud Sultan: “As part of KOC’s plan to increase production capacity by charting new territory in Kuwait’s offshore reserves, our Company is pleased to announce that we will be working on this ambitious project alongside one of our closest business partners, Halliburton, who will be assisting us through the provision of their many years of experience in the field of offshore exploration and production.”“We are grateful for the opportunity to collaborate with KOC and implement our integrated services and innovative technologies to accelerate offshore development, reduce drilling and completions costs and increase recovery,” said Halliburton Eastern Hemisphere President Joe Rainey.The contract includes a 3-year term with a 6-month extension option. Work will begin in mid-2020. The expected start date for the first rig is July 2020 and the second rig is January 2021.KOC’s Sultan said the offshore drilling project is one of the most important projects to be implemented within KOC’s 2040 strategy.Offshore Energy Today Staff Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today please contact us via our advertising form where you can also see our media kit.last_img read more

Liverpool keep record bid alive, Man City crush Newcastle

first_img “His performance today and in the last games, the level he is having is the best of the season,” Guardiola said. “Ok the fans are not here but he is coming back to make the farewell game in front of all the fans.” City will find out next week if the club’s appeal against a two-season ban from European competition to the Court of Arbitration for Sport has been successful. But they have almost done the job on the field to qualify for the Champions League for a 10th consecutive season with a 14-point lead over fifth-placed Manchester United, who have five games remaining. “We played good, the same level as the last games. Today we score the goals we missed the last game,” said Guardiola. Wolves’ Champions League aspirations stumbled again in a last-gasp 1-0 defeat at Sheffield United. Their struggle to score goals since the restart has hampered their push for the top four. And Nuno Espirito Santo’s men fell to a second straight defeat when John Egan’s powerful header won it for the Blades in stoppage-time. Victory moved United up to seventh, within one point of Wolves, who remain seven points adrift of the top four. At the bottom of the table, West Ham failed to give themselves more breathing space from the bottom three with a 1-0 home defeat by Burnley. Jesus smiles: Gabriel Jesus scored his first goal since February for Manchester City Read Also: Salah donates £30,000 to help build an ambulance station Jay Rodriguez’s header seven minutes before half-time moved the Clarets into the top half of the table. West Ham remain four points above the relegation zone, but Villa and Bournemouth, who host Manchester United and Tottenham respectively, have the chance to narrow that gap on Thursday. FacebookTwitterWhatsAppEmail分享 Liverpool moved a step closer to setting a new Premier League points record as the champions won 3-1 at Brighton, while Manchester City bounced back to form with 5-0 rout of Newcastle on Wednesday night. Jurgen Klopp’s side are hoping to break the 100-point record established by Manchester City in 2018 and they remain on course after securing their first away win since February. Liverpool have 92 points and need nine more from their remaining four games against Burnley, Arsenal, Chelsea and Newcastle to clinch the new record. Mohamed Salah punished poor defending in the sixth minute, grabbing his 22nd goal of the season and Liverpool’s first away from home since February. Jordan Henderson increased Liverpool’s advantage with a curling finish from the edge of the area three minutes later. Leandro Trossard got one back with a powerful strike in first half stoppage-time. But Salah’s 76th minute header from Andrew Robertson’s corner ensured Liverpool’s five-match winless run on their travels came to an end. Second placed City lost for the ninth time in the league this season at Southampton on Sunday despite dominating possession and chances in a recurring theme of their season. But Pep Guardiola’s men have also shown what they are capable of when at their best since football’s restart last month, winning all four games at the Etihad by a combined score of 17-0. Gabriel Jesus was one of the main culprits when it came to missed chances at St Mary’s, but the Brazilian needed just 10 minutes to score against Newcastle as he steered David Silva’s cross into the far corner. Kevin De Bruyne then picked out Riyad Mahrez for a simple finish. There was more than a hint of fortune to City’s third as Matt Ritchie’s attempted clearance ricocheted off Federico Fernandez into his own net. Loading… Promoted Content2020 Tattoo Trends: Here’s What You’ll See This YearWhich Country Is The Most Romantic In The World?5 Of The World’s Most Unique Theme Parks9 Facts You Should Know Before Getting A TattooTop 7 Best Car Manufacturers Of All TimeWhat Are The Most Delicious Foods Out There?The Very Last Bitcoin Will Be Mined Around 2140. Read More8 Surprising Ways Drones Could Be Used In The FutureThe 10 Best Secondary Education Systems In The WorldThe Funniest Prankster Grandma And Her GrandsonCouples Who Celebrated Their Union In A Unique, Unforgettable WayThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical Silva’s appearances at the Etihad are running out, with the Spaniard ending his 10-year stay in Manchester when City’s season finishes in August. He left another reminder of why he will be so missed with a sumptuous free-kick to make it four. And Silva turned provider again in stoppage time for Raheem Sterling to round off the scoring.last_img read more