ADES International Holding has named Ahmed El-Khatib as a chief financial officer (CFO) with immediate effect. ADES is a London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries. The group operates a flee
Mermaid Maritime, a subsea and offshore drilling services company, has been awarded three subsea contracts with a combined value of $12 million. Mermaid said on Wednesday that the company would utilize two of its vessels as well as ROVs, specialist equipment, and project teams. All three deals are f
Royal Boskalis Westminster N.V. has recently been awarded a number of marine transport contracts with a combined contract value of approximately $50 million. Boskalis informed on Wednesday that its subsidiary Dockwise was awarded a contract by Husky Oil for the transportation of the West White Rose
Oil and gas will be crucial components of the world’s energy future, according to DNV GL’s forecast of the energy transition published on Tuesday. While renewable energy will grow its share of the energy mix, oil and gas will account for 44% of world energy supply in 2050, compared to 53% today. Gas
UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs), has confirmed that the legal documentation for the charter of two of its vessels in the Middle East and North Africa (MENA) region has now been completed. The discussions regarding these two co
The most popular articles of the week.
Israel’s energy company Delek Group more than doubled its profit in the second quarter of 2017 compared to the same period last year, owing to the exploration & production segment. In its financial report on Wednesday, the company said it had recorded net income for the second quarter of 2017 of 180
Greek oil company Energean Oil & Gas has received approval from the Israeli Petroleum Commissioner for its Field Development Plan (FDP) for the development of the Karish and Tanin natural gas fields, offshore Israel. Energean’s subsidiary, Energean Israel, holds 100% of Karish and Tanin, which combi
The most popular articles of the week August 21 – 27, 2017.
By: David Carter Shinn It may sound too good to be true, but it’s not completely out of the question. With utilization levels at just over 50% for all rig types and over 130 newbuild rigs stranded or under construction, the need for an increase in rig scrapping (recycling) seems obvious. But it’s no
Israel’s Delek and U.S. Noble Energy have obtained an extension to the Alon D license in the Mediterranean Sea, offshore Israel. The exploration license covers 400 square kilometers in the northern waters of Israel’s EEZ, a few kilometers east of the Karish gas field, recently bought by Energean. Ho
Engineering and construction giant KBR, Inc. has said it has been awarded a Project Management Services (PMC) contract by OMV Offshore Abu Dhabi GmbH on behalf of Abu Dhabi National Oil Company (ADNOC) for work on a project offshore Abu Dhabi. KBR will be responsible for the management of the Front
Popular news, August 14 – 20, 2017 Offshore Energy Today Staff
Engineering and construction services firm KBR has been awarded a project management consultancy (PMC) contract by Occidental for management of two projects offshore Abu Dhabi. KBR said on Tuesday that the contract was awarded to the company by Occidental on behalf of Abu Dhabi National Oil Company
