Search results for: masirah oil

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  • 17 January 2020
    Project & Tenders

    Exploration and production company Masirah Oil has raised $21.5 million for drilling of the Yumna appraisal well offshore Oman.

  • 21 July 2020
    Authorities & Government, Business developments & projects, Project & Tenders, Regulation & policy

    Oman’s Ministry of Oil and Gas has approved Masirah Oil’s field development plan (FDP) for the offshore Yumna field.

  • 6 November 2019
    Business & Finance, Exploration & Production

    Masirah Oil has awarded a drilling rig contract to Foresight Offshore Drilling to use one of its jack-up rigs for an appraisal well in Block 50 in Oman.

  • 5 January 2017
    Business & Finance, Exploration & Production

    Oil and gas engineering services business Plexus Holdings has received an order for a second well offshore Oman from Masirah Oil. Masirah is a company majority owned by a technology-driven oil and gas company, REX International. Plexus said on Thursday that the new contract would see the company supply Masirah Oil with its POS-GRIP Tersus Mudline […]

  • 19 February 2020
    Exploration & Production, Infrastructure, Project & Tenders

    Masirah Oil has completed the Yumna 1 well, located in Block 50 offshore Oman, and flowed first oil into the Aframax tanker.

  • 4 February 2014

    Masirah Oil Limited has discovered oil in Block 50, offshore Oman. Masirah Oil Limited today announced the successful reach of the well target depth in the second exploration well in Block 50 Oman to its final depth of >3,000 metres into the Cambrian formation. Hydrocarbons were discovered in several formations with good oil sample extracted. The well will […]

  • 26 November 2019
    Business & Finance, Infrastructure

    Masirah Oil has awarded a contract to Wings Offshore for a floating storage and offloading vessel, which will be used on a field located offshore in Oman. 

  • 3 December 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Masirah Oil has commissioned a new 3D seismic survey in Block 50 Oman. The seismic survey, will be undertaken by Dolphin Geophysical ASA with its vessel, Artemis Arctic. The seismic survey commenced in November 2014 and is scheduled to be completed within approximately 45 days following mobilisation. Hans Lidgren, Chairman of Masirah, said, “The data collected will help increase […]

  • 26 December 2013

    Hibiscus Petroleum Berhad has announced that Masirah Oil Limited, a jointly-controlled entity of Lime Petroleum Plc (“Lime”), suspended (on 19 December 2013), for safety reasons, its 1st exploration well, Masirah North North #1 (“MNN #1”) in Block 50 Oman for further evaluation.   The MNN #1 well was drilled to a total depth of approximately 1,000 metres […]

  • 3 December 2014
    Business & Finance

    Masirah Oil Ltd has started a new 3D seismic survey in Block 50, offshore Oman. Norway’s Dolphin Geophysical ASA has been hired for the job. The seismic survey started in November 2014 and is scheduled to be completed within approximately 45 days following mobilisation. The Artemis Atlantic seismic vessel is being used for the project. Hans Lidgren, Chairman […]

  • 20 January 2016
    Business & Finance, Equipment

    Plexus Holdings, an oil and gas engineering services business and owner of the POS-GRIP friction-grip method of wellhead engineering, has been awarded a contract with new customer, Masirah Oil Limited.  Masirah is the Oman branch of an oil and gas company REX International Holdings Limited. The new contract will see Plexus supply its POS-GRIP Tersus […]

  • 2 October 2018

    Singapore-listed Rex International Holding plans to bring online its offshore oil discovery in Oman next year.

  • 9 February 2014

    Read the most popular news of the week. Contract awards, field development plans, oil discoveries, subsea awards, offshore acquisitions

  • 5 January 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Plexus has been awarded an order for a second well from Masirah Oil, a BVI based company majority owned by REX International Holdings. The new contract will see Plexus supply Masirah with its POS-GRIP Tersus Mudline equipment and 10,000psi adjustable rental exploration wellhead for the Karamah-1 exploration well offshore Oman. The estimated value of the […]

  • 27 December 2013
    Business & Finance, Operations & Maintenance

    Rex International Holding Limited, one of the largest companies listed on the Catalist of the Singapore Exchange Securities Trading Limited, referred to the announcement issued on December 24, 2013 in which Masirah Oil Limited, a 64% owned subsidiary of its jointly-controlled entity, Lime Petroleum Plc, had suspended, for safety reasons, drilling of its first exploration […]

  • 26 November 2013

    Hibiscus Petroleum Berhad (Hibiscus Petroleum) has announced that its jointly-controlled entity, Lime Petroleum Plc (Lime), through its subsidiary Masirah Oil Ltd (Masirah), has begun drilling an exploration well in Masirah North North #1 (MNN #1), located in the Block 50 Oman concession, on 25 November 2013.   This is part of a 2-well drilling programme […]

  • 20 January 2016
    Business & Finance, Equipment, Project & Tenders

    UK’s Plexus has been awarded a contract with Masirah Oil, the Oman branch of the BVI-based oil and gas company REX International Holdings. The new contract will see Plexus supply its POS-GRIP Tersus Mudline equipment and 10,000psi adjustable rental exploration wellhead to Masirah for oil exploration offshore Oman. The Masirah contract is estimated to be […]

  • 6 March 2014

    Masirah Oil Limited today announced the test flow rates of the previously announced discovery at the second exploration well in Block 50 Oman, were very encouraging. The exploration well was drilled to its final depth into the Cambrian formation. The key objectives of the exploration well were to prove the presence of movable hydrocarbons and a working petroleum system […]

  • 2 February 2017
    Business & Finance, Equipment

    Oil and gas services firm Plexus Holdings has been awarded a two-year contract extension with Shell in Brunei.   Plexus said on Thursday that the contract extension is for the provision of wellhead and mudline equipment and that it covers the supply of both high pressure / high temperature (HPHT) and standard pressured systems and […]

  • 9 March 2014

    Most popular articles of the week March 3 – 9, 2014

  • 9 January 2017
    Business & Finance

    Oil and gas services firm Plexus has signed a four-year framework agreement with Centrica for surface wellhead and mudline equipment services for jack-up exploration wells in the North Sea, off Norway.  Plexus previously supplied Centrica with its wellhead equipment for several wells in the North Sea including those on the Butch exploration and appraisal wells, now known […]

  • 29 December 2013

    Top News of The Week, December 23 – 29, 2013