SLB, Adnoc, Patterson-UTI form JV to develop UAE unconventional oil and gas
SLB (NYSE:SLB) said Monday it reached an agreement with Patterson-UTI Energy (PTEN) and Abu Dhabi-based Adnoc Drilling to create a joint venture to accelerate the United Arab Emirates' unconventional oil and gas program.
SLB, Patterson-UTI and Adnoc JV poised to accelerate ambitious 144-well drilling campaign in Abu Dhabi
Turnwell is drilling the 144 wells as part of a $1.7 billion contract that was earlier awarded by Adnoc to its subsidiary Adnoc Drilling, targeting multiple unconventional assets in the UAE
Patterson-UTI and ADNOC Drilling Sign Agreements to Formalize the Previously Announced Joint Venture in the UAE
UTI ENERGY, INC. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced that its subsidiary, TW Holdings LLC, has signed the previously announced joint venture agreement
SLB Teams Up With ADNOC Drilling Co., Patterson-UTI To Create JV In UAE
(RTTNews) - Schlumberger Ltd. (SLB), Monday announced an agreement with Abu Dhabi-based ADNOC Drilling Co., and Texas-based Patterson-UTI to create Turnwell Industries LLC OPC to accelerate UAE's unconventional oil and gas program.
SLB and ADNOC Drilling partner for unconventional oil and gas development
Agreement will accelerate the initial scope of 144 unconventional wells for delivery by 4Q25 with potential for significant number of additional wells in the second phase.
Adnoc Drilling forms joint venture in boost to UAE's unconventional oil and gas sector
Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, has joined forces with world’s largest oilfield services company Schlumberger (SLB) and drilling services company Patterson-UTI to create a joint venture,
Patterson-UTI Reports Drilling Activity for September 2024
HOUSTON, TX / ACCESSWIRE / October 3, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of September 2024, the Company had an average of 107 drilling rigs operating in ...
Is Patterson-UTI Energy, Inc. (PTEN) the Hidden Gem in the Energy Sector After Recent Hedge Fund Interest?
We recently published a list of 7 Best Oil Stocks under $20. In this article, we are going to take a look at where ...
bovnews4d
Patterson-UTI Energy, Inc. (PTEN) Stock Dilemma: A Surge That Has Everyone Talking—What’s the Real Story?
The Benchmark Company has recently reduced Patterson-UTI Energy, Inc. (PTEN) stock to Hold rating, as announced on January 16, 2024, according to Finviz. Earlier, on December 19, 2023, Goldman had ...
24/7 Wall St1d
Patterson-UTI Energy Inc
Patterson-UTI Energy Inc is a key player in the oil and natural gas sector, offering a wide range of services across the United States and internationally. With a focus on contract drilling ...
RBC Capital Sticks to Their Buy Rating for Schlumberger (SLB)
RBC Capital analyst Keith Mackey maintained a Buy rating on Schlumberger (SLB – Research Report) yesterday and set a price target of ...