DNO reports record revenue while restarting Kurdistan production and drilling
The second-quarter update distinguishes group financial performance from recovery at Tawke and Peshkabir.
DNO
Energy focus
WELLFICENT / NEWSROOM
391 storiesTürkiye and world business news — Page 8
Arabian Drilling receives restart notices for remaining suspended offshore rigs
The contractor targets full offshore utilization by the end of the third quarter; the notice is not proof of completed restarts.
Arabian Drilling
ADES reports revenue growth as its operating rig fleet expands
First-half revenue rises 49%, but net profit declines and acquisition effects complicate the comparison.
ADES Holding
Arabian Drilling reports first-half loss as offshore activity weighs on revenue
Land drilling partly offsets offshore weakness; the contractor reports 43 active rigs at the end of June.
Arabian Drilling
Dana Gas reports higher first-half profit with a one-off reconciliation
Egypt drilling supports production while security disruption constrains Kurdistan processing utilization.
Dana Gas
Egypt restarts Baraka drilling and workovers after a multi-year halt
Mediterra’s investment program targets seven interventions and two new wells in the Aswan area.
Egypt Ministry of Petroleum and Mineral Resources
ADNOC and SLB deploy an AI platform across more than 120 rigs
The UAE rollout connects real-time drilling operations while retaining critical data in a local sovereign cloud.
ADNOC
ADNOC changes crude pricing to a prompt-month Dubai basis
The methodology takes effect on 1 November for Murban, Das, Umm Lulu and Upper Zakum grades.
ADNOC
ADNOC Drilling raises first-half revenue and profit
Oilfield services support growth, while the company reports an early deployment of its AI-enabled island rig.
ADNOC Drilling
ADNOC approves Umm Shaif gas investment with a 14-well drilling package
The USD 6.2 billion decision targets gas production from 2030, with drilling services assigned to ADNOC Drilling.
ADNOC
Egypt and AIQ discuss well-data analytics and pump-failure prediction
The talks include a proposed AIQ Egypt platform; no completed national rollout or signed drilling contract is announced.
Egypt Ministry of Petroleum and Mineral Resources
UK removes VAT from household electricity bills from 1 October
Treasury says the measure makes the annual Ofgem price-cap comparison around £45 lower than it would otherwise be.
HM Treasury — electricity-bill VAT removal
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