Read the most popular news of the week. Contract awards, field development plans, oil discoveries, subsea awards, offshore acquisitions
Baker Hughes Incorporated announced today that the international rig count for January 2014 was 1,325, down 10 from the 1,335 counted in December 2013, and up 46 from the 1,279 counted in January 2013. The international offshore rig count for January 2014 was 302, down 4 from the 306 counted in De
Woodside and the Leviathan Joint Venture participants, Noble Energy Mediterranean Ltd, Delek Drilling LP, Avner Oil Exploration LP and Ratio Oil Exploration (1992) LP, have agreed to convert a previous in principle agreement for the potential acquisition of an interest in the Leviathan field into a
Collabro has announced its first major contract win in the Middle East with Maersk Oil in Qatar. The agreement, worth in the region of £460,000, will see Vantage POB and support services delivered in the region. Vantage POB is the industry standard personnel tracking system for the oil and gas indus
Masirah Oil Limited has discovered oil in Block 50, offshore Oman. Masirah Oil Limited today announced the successful reach of the well target depth in the second exploration well in Block 50 Oman to its final depth of >3,000 metres into the Cambrian formation. Hydrocarbons were discovered in severa
Read the most popular news of the week. Hijacks, new vessels, virtual tours, oil leaks, new start-ups, lay-offs, arctic, new rigs…
Deepwater expenditure is expected to increase by 130%, compared to the preceding five-year period, totalling $260 billion (bn) from 2014 to 2018, with growth driven primarily by Africa and the Americas. Douglas-Westwood (DW) has launched the 12th edition of its World Deepwater Market Forecast 2014
Qatar’s Gulf Drilling International and Occidental Petroleum have signed a five year contract for the jack-up rig ‘Al Wajba’. The contract will take effect on January 1, 2015, upon expiration of the current contract. The rig has been working for Oxy Qatar since 2008. The estimated value of the deal
Technip wins a new contract in the Middle-East and reinforces its position in the promising subsea business in the region.
Most Popular News of the Week, Jan 20 – 26, 2013
Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announces the acquisition of two large and modern Anchor Handling Towage and Supply Vessels (AHTSV) at a purchase price in excess of US$ 100 million. The vessels, the Casp
Malaysia’s largest oilfield services provider, SapuraKencana has established a new subsidiary in the United Arab Emirates. In a filing to Bursa Malaysia, the company said that its wholly-owned subsidiary Sapura Petroleum Sdn Bhd had on 7 January 2014 incorporated the new subsidiary in United Arab Em
GE Oil & Gas has received a contract to provide a turnkey turbomachinery solution to Petrofac Emirates for the Upper Zakum UZ750 field in Abu Dhabi, developed by ZADCO (Zakum Development Company). The turbomachinery equipment will be delivered in the form of massive, standalone, plug-and-play “modul
Wood Group PSN (WGPSN) has secured two major contract extensions in Africa, worth around $250 million USD. WGPSN has secured a five year contract extension to provide operations, maintenance and construction management services for asset facilities in central Africa in a deal worth more than $140 mi
