Saudi Aramco has signed a land lease agreement with McDermott to grant it a lease to establish a fabrication facility located within the King Salman International Complex for Maritime Industries in Ras Al-Khair, Saudi Arabia.
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Greek oil and gas company Energean has started drilling its Karish North exploration well offshore Israel using the Stena DrillMAX drillship Energean’s flagship Karish and Tanin development project is on-track to deliver first gas in the first quarter of 2021. Energean started its four-well drilling
McDermott International has been awarded a substantial contract award from a Middle East customer for engineering, procurement, construction and installation services in the Arabian Gulf.
Iran has said that it has for the first time surpassed Qatar in gas extraction from the world’s largest gas field – the South Pars.
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Asia Offshore Drilling Limited (AOD) has secured a three-year contract extension for a jack-up drilling rig in the Middle East.
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ADES International has entered into a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian Mediterranean basin.
The worldwide offshore rig count for February 2019 increased by 6 units sequentially and by 59 units year-over-year, according to Thursday’s report by Baker Hughes, a GE company (BHGE).
Energean Oil and Gas has started its 2019 drilling program in Israel, which consists of three development wells and Karish North.
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Offshore drilling contractor Seadrill is seeing continuous signs of improvement in offshore drilling market with increased tendering activity and better contract economics.
McDermott International has been awarded two contracts by Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan field, offshore Saudi Arabia. McDermott said on Monday that the first contract – estimated to be worth between $500 million and $750 millio
