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Oil firm plans 188 well maintenance and 21 new drills in 2026
The National Oil Corporation announced the successful completion by the National Well Drilling and Maintenance Company of maintenance work on 188 wells and the drilling of 21 new wells in 2026 for several of the corporation's affiliated companies. To enhance its capabilities, a Drilling Engineering Department was established within the organizational structure, along with expansion of integrated drilling projects. The annual meeting discussed the challenges facing the company, particularly the accumulation of financial dues owed by oil companies, which impacts the company's ability to supply parts, carry out maintenance, and implement development projects. There was also a focus on improving operational efficiency, developing the fleet and equipment, and strengthening safety measures. The company was called upon to receive financial support to back its programs and increase production. Emphasis was placed on the importance of giving the company higher priority in drilling and maintenance operations to ensure operational continuity and boost production.
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