Topaz Energy and Marine, an offshore support vessel owner with key operations in the Middle East, Caspian and West Africa has announced the appointment of Jay Daga as Chief Financial Officer, with immediate effect. Daga has been with Topaz for 15 years, holding a number of finance positions of incre
Maire Tecnimont’s subsidiary Tecnimont S.p.A. in Consortium with Archirodon has received a Letter of Award (LOA) for an EPC contract with Abu Dhabi Gas Liquefaction Company Ltd. (ADGAS) for the execution of the Package 1 of the IGD Expansion Project (IGD-E) on Das Island, Abu Dhabi, UAE. Overall pro
AGR has announced a contract win to optimise drilling performance with LUKOIL Overseas, the operator of LUKOIL’s international upstream projects. The contract covers LUKOIL’s drilling operations in several territories internationally, including Middle East, Black Sea, Africa and Central Asia. AGR sa
The ‘Pieter Schelte’ name has sparked controversy
Baker Hughes Incorporated has posted an international rig count report for January 2015 on its Investor Relations website according to which the international offshore rigs are down by 24 from last month. The international rig count for January 2015 was 1,258, down 55 from the 1,313 counted in Decem
INPEX’s subsidiary, Japan Oil Development Co., Ltd. (JODCO), started oil production from the Nasr Oil Field offshore Abu Dhabi, the United Arab Emirates, on January 24, 2015. The Nasr Oil Field is located approximately 130km northwest of Abu Dhabi City. INPEX has jointly developed the Nasr Oil Field
Polarcus has announced that effective today (February 5), Rod Starr has assumed the role of Chief Executive Officer of Polarcus. The company elected Starr to succeed Rolf Ronningen as CEO in January this year. Commenting on his appointment, Rod Starr, CEO Polarcus, said: “I am delighted to be appoin
Lamprell has announced the completion of construction on the jack-up rig “Jindal Pioneer” and its delivery to Dev Drilling Pte Ltd of Singapore, a D. P. Jindal Group Company, on time and within budget. The contract for the “Jindal Pioneer” rig was signed in January 2013 and this is the second rig wi
In the face of falling oil prices, confidence in the outlook for the oil & gas industry has dropped dramatically among sector professionals from 65% to 28% in the last three months, according to new research published today by DNV GL. The pessimistic outlook is also reflected in capital expenditure
Magseis has signed a deal with BGP Arabia Co. Ltd for a pilot survey for the Saudi Aramco in the Red Sea. The company said that the survey, offshore Saudi Arabia, would begin shortly. The survey is expected to last until the end of February. Magseis, based in Oslo, Norway, did not reveal financial d
Saudi Aramco will scrap its deepwater exploration plans in the Red Sea. According to Reuters, which quoted unnamed industry sources, the company has deemed deepwater offshore exploration works too expensive in the current low oil prices environment. One of the sources told the news agency that other
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors currently has nine rigs in the Drydocks World-Dubai yard which is a new record for the shipyard. “Drydocks World is proud of our ability to provide solutions to any technical challenges and offe
The most popular article of the last week was a story about a new smartphone launched for use in hazardous areas in the offshore market. This new smartphone was designed for operationally challenging environments such as the North Sea. You also read about three oil majors, Chevron, BP, and ConocoPhi
Polarcus Limited, an owner of seismic survey vessels, has informed that Hege Sjo will resign from the Board of Directors effective February 2, 2015. Sjo has accepted an appointment as Deputy Director General in the Norwegian Ministry of Trade, Industry and Fisheries, and is therefore unable to conti
