Search results for: RAK Petroleum

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  • 11 November 2011
    Business & Finance

    RAK Petroleum Public Company Limited, the exploration and production company, today announced temporary suspension of drilling operations on the Saleh-5 well offshore Ras Al Khaimah following consultations with partner RAK Gas LLC which this week exercised its full 30 percent back-in option to the field redevelopment project by agreeing to pay its prorata share of […]

  • 29 August 2011
    Business & Finance, Project & Tenders

    RAK Petroleum Public Company Limited, the oil and gas exploration and production company, today announced a net profit of AED 48.4 million (unaudited) for the quarter ended 30 June 2011 on turnover of AED 118.9 million, after equity accounting for its share of the profit reported by associate company DNO International ASA in which RAK […]

  • 4 July 2011
    Business & Finance

    RAK Petroleum Public Company Limited, (RAK Petroleum), the oil and gas exploration and production company, and Norway’s DNO International ASA (DNO) and have signed a heads of agreement to merge RAK Petroleum’s Middle East and North Africa (MENA) operating subsidiaries into DNO in exchange for DNO shares to be issued to RAK Petroleum. The consideration […]

  • 5 September 2011
    Business & Finance

    RAK Petroleum Public Company Limited, the oil and gas exploration and production company, today announced that following completion of due diligence and agreement on relative valuations, the Boards of Directors of DNO International ASA and RAK Petroleum PCL signed definitive documents on 3 September to merge RAK Petroleum’s oil and gas operating companies into DNO […]

  • 1 November 2010
    Business & Finance

    RAK Petroleum Public Company Limited has chartered the first Topaz Wave Piercer for use in the Gulf, the Company announced today. Designed by Incat Holdings Limited of Australia and built by Topaz Marine based in Dubai, the long-term charter vessel will be used for production crews commuting to and from the Company’s offshore Oman platforms. […]

  • 26 October 2015

    Foxtrot International has started production from a second platform at the Block CI-27 in the Marlin oil and gas field, offshore Ivory Coast. RAK Petroleum plc, an Oslo-listed oil and gas investment company which holds 33.33 percent of Foxtrot International LDC., announced the production kickoff on Monday. According to RAK Petroleum, the Marlin-B1ST well, the first […]

  • 5 September 2011

    Ras al Khaimah-based RAK Petroleum aims to drill three more wells in the producing Bukha and West Bukha fields located within its Block 8… By Conrad Prabhu (Oman Observer) [mappress] Source:Oman Observer ,September 5, 2011;

  • 9 March 2015
    Project & Tenders

    RAK Petroleum plc, the Oslo-listed oil and gas investment company, announced today that the Marlin North-1 well drilled by Foxtrot International LDC offshore Côte d’Ivoire flowed gas and oil from the Turonian and Lower Senonian intervals, neither of which had previously tested hydrocarbons on Block CI-27. A 22-meter perforated section of the gas bearing column […]

  • 26 September 2016
    Project & Tenders

    Foxtrot International has brought fully on stream two new gas fields and completed a four-year, $850 million field development program in Block CI-27 offshore Ivory Coast. According to RAK Petroleum’s statement on Monday, an oil and gas investment company who has a one-third ownership of Foxtrot through Mondoil Enterprises, two new gas fields, Marlin and Manta have been […]

  • 27 June 2011
    Project & Tenders

    Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a significant […]

  • 27 June 2011
    Storage

    Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a significant […]

  • 13 October 2011
    Business & Finance, Equipment

    RAK Petroleum has chosen Syncrolan light and fog warning systems from Tideland Signal to mark its Saleh field platforms off the Ras Al Khaimah Emirate. Since 1988, Saleh’s five platforms have only produced small volumes of gas and condensate but RAK Petroleum took over the field in 2010 and has embarked on a programme to […]

  • 26 June 2011

    Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a significant […]

  • 27 June 2011
    Business & Finance

      Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a […]

  • 1 February 2011
    Business & Finance

      UAE-based MIS Group (Maritime Industrial Services ), a diversified engineering and contracting group focused on the energy sector, announces that is has recently signed contracts in its Fabrication value stream, with a number of new and existing clients. The contracts, a combined total of over $15 million in new awards over the past few […]

  • 27 June 2011
    Storage

    Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a significant […]

  • 9 November 2011
    Business & Finance

    DNO International ASA is reporting net profit of NOK 299 million for the third quarter of 2011 versus a loss of NOK 146 million in the same quarter 2010. The strong result is affected by a net positive finance of NOK 301 million in this quarter. In the third quarter the Company delivered a Working […]

  • 18 April 2019
    Business & Finance

    Eni has signed an exploration and production sharing agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant joint operating agreement.

  • 21 November 2012

    Norway-based DNO International ASA announced today that production from Block 8 offshore the Sultanate of Oman has climbed to a record daily rate of 20,000 barrels of oil and condensate and 60 million cubic feet of gas following completion of a two-well drilling program in the West Bukha field. These rates represent a near tripling […]

  • 7 November 2011
    Business & Finance

    Incat Crowther announces the launch of a second 27.6m Wave Piercing Catamaran Crew Boat, Topaz Zephyr. Based on the innovative Topaz Zenith, launched in June, Topaz Zephyr has been optimized to provide 24-hour support to offshore oil and gas operations. The vessel differs from the earlier design by having a full width superstructure allowing greater […]

  • 7 November 2011

      Incat Crowther launched a second 27.6m Wave Piercing Catamaran Crew Boat, Topaz Zephyr. Based on the innovative Topaz Zenith, launched in June, Topaz Zephyr has been optimized to provide 24-hour support to offshore oil and gas operations. The vessel differs from the earlier design by having a full width superstructure allowing greater accommodation space. […]

  • 7 November 2011
    Business & Finance

    Incat Crowther announces the launch of a second 27.6m Wave Piercing Catamaran Crew Boat, Topaz Zephyr. Based on the innovative Topaz Zenith, launched in June, Topaz Zephyr has been optimized to provide 24-hour support to offshore oil and gas operations. The vessel differs from the earlier design by having a full width superstructure allowing greater […]