TAQA, the Abu Dhabi National Energy Company, has appointed Ryan Wong, currently Group Vice-President Treasury, to the position of acting Chief Financial Officer (CFO) effective 1 October.
Dana Gas, the Middle East’s leading regional private sector natural gas Company, has secured, through its wholly owned subsidiary Dana Gas Explorations FZE, a US$ 100 million Term Facility for the Zora Field Development Project. This facility will contribute the debt component of the financing neede
Gulf Drilling International Ltd. (GDI), a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, officially signed four new contracts and four contract extensions with Qatar Petroleum (QP) for the provision of drilling rig services, each having a term of five
Top ten jobs in O&G, All N. Sea choppers have EBS, Jasper rig woes, North Sea fatality, African hotspots, largest jack-up in the world, BP’s Macondo verdict
Singapore-based Charisma Energy Services has secured a 7-year contract with an approximate value of $72 million to provide a fleet of 5 offshore support vessels. The vessels will be used to support the marine and oil & gas activities of a Middle Eastern national oil company in the Arabian Sea. The
Qatar’s oil and gas company RasGas today informed that Train 1 of its “historic” $10.3 billion Barzan Gas Project is more than 95 per cent complete and is “rapidly ramping up for first production of clean-burning natural gas in the first quarter of 2015.“ Construction work on Train 2 is also progres
Noble Energy, Inc. today announced the execution of a non-binding Letter of Intent (LOI) to supply natural gas from the Leviathan field, offshore Israel, to the National Electric Power Company Ltd. (NEPCO) of Jordan. Under terms of the LOI, Noble Energy and the Leviathan partners will supply a base
No jobs in the U.S. cracked the list of highest paying this year.
Nakilat-Keppel Offshore & Marine (N-KOM) has achieved another milestone with the keel laying of its first liftboat newbuild project, awarded recently in July 2014 by long-time client Gulf Drilling International (GDI). The project marks the shipyard’s first foray into the offshore jack-up newbuild ma
BP today started its 2015 Future Leaders Programme (FLP), a recruitment campaign which aims to fast-track early career recruits to be the business leaders of the future. The FLP is a highly selective global recruitment and development programme, run by BP for candidates around the world to work in i
Suhail Mohamed Al Mazrouei, the Minister of Energy for the United Arad Emirates, will open the OPITO Safety and Competency Conference – OSCC 2014 – at the Fairmont Bab Al Bahr Hotel, Abu Dhabi, UAE on Tuesday 4 November 2014. This year’s event will be the fifth annual gathering of oil and gas operat
Coolest PSV in Norway, Rig order cancellation, Gloomy future for drillers, Helicopter lands on wrong rig, Can you count to 40 billion?
ABS, a provider of classification services to the global offshore industry, was selected by Nakilat-Keppel Offshore & Marine (N-KOM) to class the first self-elevating unit ever to be built in Qatar. The project also will be the first offshore newbuild project undertaken by the ASME and API accredite
The cyclical downturn in the offshore oil and gas-drilling market may provide an opportunity for drillers with financial flexibility to buy high-yield peers at favorable prices, Fitch Ratings says.
