Baker Hughes wins integrated coiled-tubing drilling contract for Margham gas project in Dubai

Baker Hughes will provide integrated coiled-tubing drilling services to Dubai Petroleum Establishment as part of the Margham gas storage project, reinforcing its role in the emirate’s energy security.

Partagez:

Baker Hughes announced the signing of a multi-year contract with Dubai Petroleum Establishment (DPE), acting on behalf of Dubai Supply Authority (DUSUP), for the provision of integrated coiled-tubing drilling services for the Margham gas storage project. The initiative is aimed at enhancing the stability of Dubai’s energy system by supporting the transition between solar power and natural gas.

The contract includes deployment of the CoilTrak™ system, an innovative bottomhole assembly (BHA) designed to increase reservoir connectivity through efficient slim-hole multilateral drilling. This technology will maximise reservoir contact in the mature Margham field, while contributing to the effectiveness of underground natural gas storage.

Extension of Baker Hughes’ integrated portfolio

This new contract strengthens Baker Hughes’ involvement in the Margham project, where the company is already supplying its Integrated Compressor Line (ICL) units for gas storage, injection and export operations. These components play a central role in establishing a flexible energy system designed to reduce reliance on conventional fossil fuels.

According to Amerino Gatti, Executive Vice President of Oilfield Services & Equipment at Baker Hughes, the company draws on its regional expertise in coiled-tubing drilling and mature asset optimisation to support DPE in developing reliable and secure energy solutions. The integrated approach combines advanced technologies and specialised services across every step of the energy value chain.

Advanced technologies for mature fields

Baker Hughes’ offering in this project also includes the integration of underbalanced drilling, a technique commonly used to minimise reservoir damage and enhance recovery. This expertise is crucial to optimising operations in mature fields such as Margham, a longstanding asset in the emirate’s gas landscape.

The use of horizontal drilling, made more efficient through the CoilTrak™ system, enables operators to precisely navigate subsurface formations, thereby increasing contact with the reservoir. This technical precision is vital to ensuring storage capacity and supply agility, especially during periods of high demand or solar power intermittency.

The European Union extends gas storage regulations by two years, requiring member states to maintain a minimum fill rate of 90% to ensure energy security and economic stability amid market uncertainties.
Energy Transfer strengthens its partnership with Chevron by increasing their liquefied natural gas supply agreement by 50% from the upcoming Lake Charles LNG export terminal, strategically aiming for long-term supply security.
Woodside finalises the divestment of a 40% stake in the Louisiana LNG project to Stonepeak, injecting $5.7 billion to accelerate developments and optimise financial returns ahead of first gas delivery scheduled in 2026.
Keranic Industrial Gas seals a sixty-day exclusivity deal to buy Royal Helium’s key assets, raise CAD9.5mn ($7.0mn) and bring Alberta’s Steveville plant back online in under fifteen weeks.
The Irish-Portuguese company Fusion Fuel strengthens its footprint in the United Arab Emirates as subsidiary Al Shola Gas adds AED4.4 mn ($1.2 mn) in new engineering contracts, consolidating an already robust 2025 order book.
Cheniere Energy validates major investment to expand Corpus Christi terminal, adding two liquefaction units to increase its liquefied natural gas export capacity by 2029, responding to recent international agreements.
A study by the International Energy Agency reveals that global emissions from liquefied natural gas could be significantly reduced using current technologies.
South Korea abandons plans to lower electricity rates this summer, fearing disruptions in liquefied natural gas supply due to escalating geopolitical tensions in the Middle East, despite recent declines in fuel import costs.
Israel has partially resumed its natural gas exports to Egypt and Jordan following a week-long halt due to the closure of two major offshore gas fields, Leviathan and Karish.
Nepal reveals a significant potential reserve of methane in the west of the country, following exploratory drilling conducted with technical support from China, opening new economic prospects.
Petronas formalizes a memorandum with JOGMEC to secure Japanese LNG deliveries, including a first cargo from LNG Canada scheduled for July at Toho Gas.
Belgrade is currently finalising a new gas contract with Russia, promising Europe's lowest tariff, according to Srbijagas General Director Dusan Bajatovic, despite Europe's aim to eliminate Russian imports by 2027.
TotalEnergies and QatarEnergy have won the Ahara exploration licence, marking a new stage in their partnership with SONATRACH on a vast area located between Berkine and Illizi.
After four years of interruption due to regional insecurity, TotalEnergies announces the upcoming resumption of its liquefied natural gas project in Mozambique, representing a $20bn investment.
The French group has acquired from PETRONAS stakes in several licences covering more than 100,000 km² off Malaysia and Indonesia, consolidating its Asian presence and its exposure to the liquefied natural gas market.
In response to rising summer electricity consumption, Egypt signs import agreements covering 290 shipments of liquefied natural gas, involving major international firms, with financial terms adjusted to the country’s economic constraints.
Egyptian fertilizer producers suspended their activities due to reduced imports of Israeli gas, following recent production halts at Israel's Leviathan and Karish gas fields after Israeli strikes in Iran.
A report identifies 130 gas power plant projects in Texas that could raise emissions to 115 million tonnes per year, despite analysts forecasting limited short-term realisation.
Japanese giant JERA will significantly increase its reliance on US liquefied natural gas through major new contracts, reaching 30% of its supplies within roughly ten years.
Sustained growth in U.S. liquefied natural gas exports is leading to significant price increases projected for 2025 and 2026, as supply struggles to keep pace with steadily rising demand, according to recent forecasts.