All the phases of the South Pars gas field will come on line by October 2015, managing director of the Pars Oil and Gas Company (POGC), Mousa Souri said here. He went on to say that according to a plan drawn up by the company, every six months one of the phases of the South […]
Global attacks on ships rose to an all-time high of 266, during the first six months of 2011 up from 196 in 2010 according to the International Maritime Bureau (IMB). More than 117 ships were attacked and 20 seized, by pirates off the coast of Somalia alone since January 1, 2011, holding 28 ships [&
The well #2428 drilled from the platform #2415 at Oil Rocks field has been commissioned recently. It was drilled by Oil Rocks Offshore Exploration Drilling Office of Complex Drilling Works Trust. The daily production of the well drilled to Balakhany Suite makes 16 tons of oil from 1740-1728 meters i
An Iranian research vessel has started exploration of the Caspian Sea’s southern shelf, national media reported on Monday… (rian) [mappress] Source: Rian, October 11 , 2011;
The Saudi coast of the Red Sea covers more than 11° latitudes featuring decreasing nutrients, decreasing mean annual SST and increasing salinity from S to N making it an ideal setting to investigate naturally varying water parameters on coral reefs. During a 4 week land-based expedition (16.Septembe
Phase 12 of Iran’s giant South Pars Oil and Gas field with an output of 84 million cubic meters of sour gas on a daily basis will come … Source: farsnews [mappress] Source: farsnews,
The European Union has invited Kazakhstan to join the Trans-Caspian pipeline project designed to transport gas from central Asia to Europe… (euronews) [mappress] Source: euronews, October 06 , 2011;
Polarcus Limited announces that the Company has signed the loan documentation for a bank loan facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The loan docu
Polarcus Limited announces that the Company has signed the loan documentation for a bank loan facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The loan docu
ADNATCO, which along with NGSCO comprises the shipping arm of the ADNOC Group of Companies, took delivery of its fifteenth new build… (WAM) [mappress] Source: WAM, October 5, 2011
Iraq’s cabinet awarded a $518 million contract for an oil export expansion project to Leighton’s Singapore-registered Leighton Offshore Pte… By Ahmed Rasheed (Reuters) [mappress] Source: Reuters, October 05 , 2011;
The National Shipping Company of Saudi Arabia announces that its 80% owned subsidiary company The National Chemical Carriers Ltd. Co. (NCC) received on Wednesday, 15th June 2011 in Korea a new chemical tanker named NCC AMAL with DWT of 45,000 tons from SHINAsb (previously SLS) of South Korea, as par
The challenges faced by the offshore maritime industry in recruiting and retaining qualified operators to safeguard standards within the Dynamic Positioning (DP) vessel sector was discussed during one of the Middle East Workboats conference sessions, taking place at the Abu Dhabi National Exhibition
Heritage Oil Plc , an independent upstream exploration and production company announces that a wholly owned subsidiary has acquired a controlling 51% interest in Sahara Oil Services Holdings Limited (“SOSH”) which holds the necessary long term permits and licences to provide oil field services in Li
