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Saipem and Modern Drilling Company (MDC) are joining forces to pursue strategic offshore drilling opportunities across Egypt and the MENA region.
Jackdaw is expected to meet roughly 6% of the U.K.'s gas needs over its 10-year lifetime, with the capacity to power the equivalent of 1.4 million homes.
Masirah Oil has kicked off drilling of the first infill well at an oil field offshore Oman, with production expected as early as November 2026.
Ocean Oilfield, a UAE-headquartered service provider to offshore and onshore oil and gas companies, has completed the acquisition
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