INPEX has announced that the Government of Abu Dhabi has decided on the extension of the Concession for the Upper Zakum Oil Field, offshore Abu Dhabi, United Arab Emirates (UAE). The Concession has now been extended to 31st December 2041 by adding more than 15 years to the previous term. The Upper Z
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Horizon Survey and Geotechnical Companies (Horizon) has taken delivery of their new build DP2 Geotechnical Drillship, ‘Quest Horizon’. The 65m vessel was commissioned and designed specifically to support Horizon’s geotechnical drilling projects. The ‘Quest Horizon’ can also be utilised for survey, R
Monday, January 13th witnessed the official opening ceremony of Damen Shipyards Sharjah FZE – the newest shipyard of Albwardy Marine Engineering. In a joint venture between the Damen Shipyards Group and Albwardy Marine Engineering, the core activities at DSS will continue along the tried and trusted
Global energy demand continues to grow but that growth is slowing and mainly driven by emerging economies – led by China and India – according to the BP Energy Outlook 2035, published yesterday. This is the fourth annual edition of the Outlook, and for the first time it sets out BP’s view of the mos
Drydocks World, the UAE-based service provider to the maritime, oil & gas and energy sectors, signed an Agreement with Drill One Capital for building the “Dubai Expo 2020 NS” mega Jack-up rig. Gusto MSC which is one of Drydocks’ major partners in this project has designed the CJ 80 rig and the rig w
Camac, Bumi Armada Sign LOI for ‘Armada Perdana’ FPSO CAMAC Energy Inc. has signed a letter of intent for a long-term agreement for the floating, production, storage, and offloading system (“FPSO”) ARMADA PERDANA. Oil Leaking from Hibernia Platform Offshore Canada Hibernia Management and Developme
Baker Hughes Incorporated announced today that the international rig count for December 2013 was 1,335, up 24 from the 1,311 counted in November 2013, and up 82 from the 1,253 counted in December 2012. The international offshore rig count for December 2013 was 306, down 10 from the 316 counted in
ConocoPhillips has provided an update on fourth-quarter production guidance. The recent quarter’s average production was negatively impacted by significant weather-related downtime in several operational areas, notably in the Lower 48 and the North Sea. As a result, fourth-quarter production for con
Delek Drilling Limited Partnership and Avner Oil Exploration – Limited Partnership (together “the Partnerships”) have announced the signing of a natural gas supply agreement between the Partnerships and the other partners in licenses 349/Rachel and 350/Amit, with the Palestine Power Generation Compa
Top News of the Week Dec 30, 2013 – Jan 5, 2014
Dear readers, Offshore Energy Today wishes you a wonderful new year filled with abundance, joy, and treasured moments. May 2014 be your best year yet! HAPPY NEW YEAR!!!
Most Read News of the Year 2013
Three workers drowned in Saudi Arabia when an offshore rig sank during maintenance works on Friday. Twenty four workers were rescued. According to Saudi Press Agency, Saudi Aramco, the owner of the rig, recovered the three bodies and handed them to authorities. The workers are two Indians and a Bang
