Drydocks World, a UAE-based international service provider to the maritime, oil & gas and energy sectors, today announced that it has signed an Agreement with Malta Oil & Gas Ltd. for building two unique new jack-up drilling rigs based on Gusto MSC CJ54-X135-A design. The Agreement was signed by His
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Oil production from the Organization of the Petroleum Exporting Countries (OPEC) plunged 550,000 b/d from February to 29.56 million b/d in March — its lowest level since mid-2011 — according to the latest Platts survey of OPEC and oil industry officials and analysts. The decline followed February pr
Aage Hempel, a provider of merchant marine electronic service and focused on 24/7 maritime sales & service, will deliver navigation and communication equipment included Integrated Bridge System from Kelvin Hughes with Shipyard De Hoop in Lobith. The Platform Supply Vessels (PSV) are for Abu Dhabi
Austal Limited has been awarded a contract from the Abu Dhabi National Oil Company (ADNOC) to design and construct two 45 metre high speed catamaran ferries. The contract is valued at approximately $30 million. The high speed ferries will be designed and constructed at Austal’s Philippines shipyard.
Douglas-Westwood’s new Drilling & Production information service is producing some interesting numbers, not least that meeting future global oil & gas demand will require massive numbers of new development wells to be drilled; in 2014 some 83,000, of which 80,000 will be onshore and 3,000 offshore.
Baker Hughes Incorporated announced today that the international rig count for March 2014 was 1,345, up 4 from the 1,341 counted in February 2014, and up 77 from the 1,268 counted in March 2013. The international offshore rig count for March 2014 was 334, up 16 from the 318 counted in February 2014,
Seamec Ltd has informed that vessel Seamec Princess will complete its charter with Kreuz Subsea in South East Asia in the second week of April, 2014. The company has entered into a charter with the French oilfield services provider Technip for the deployment of the DP2 Saturation Diving Support vess
Read about new FPSO in Africa, a prison sentence for an oil company CEO, world’s largest offshore platform, offshore oil computer game, big job boom in North Sea, Kulluk drillship grounding etc
ABB, the Swiss-based power and automation technology group, has been awarded a $175 million contract to upgrade the power generation capacity at Zirku oil and gas processing facilities in the Gulf. The order, which covers engineering, procurement and construction (EPC), was awarded by Zakum Developm
Radius Oceanic Communications, Inc., and Cyta have announced testing and commissioning are complete on the Poseidon submarine cable system, a fiber optic network built to serve the oil and gas and scientific markets in the Eastern Mediterranean. Radius and its regional telecom partner, Cyta have als
Douglas-Westwood (DW) forecast that the global AUV (autonomous underwater vehicle) fleet will increase 42% in the 2014-2018 period, compared to the previous five years. The fleet is forecast to total 825 units in 2018, led by strong demand in the military sector. The military sector makes up 50% of
GE has further strengthened its commitment to localized manufacturing with the groundbreaking of the new GE Oil & Gas Manufacturing Facility, located in Second Industrial City in Dammam. The expansion is part of the US$1 billion investment commitment announced by GE in the Kingdom, and follows the s
ABB’s first-ever Middle Eastern Turbocharging Service Point is now in operation inside Drydocks World’s Dubai-based facility. Drydocks World is an international leading service provider to the maritime, oil and gas and energy sectors. The new Turbocharging Service Point will promote sharing of mutua
