Top News of The Week, December 23 – 29, 2013
Keppel FELS Ltd (Keppel FELS) has delivered ARABDRILL 60, a KFELS B Class jackup rig, to Arabian Drilling Company (ADC) five days ahead of schedule, on budget and with a perfect safety record. This marks the 21st new build offshore rig that Keppel FELS has delivered in 2013, setting a new record for
The Syrian National Coalition, consisting of opposition groups in the Syrian civil war, has condemned the oil and gas exploration deal the Syrian government yesterday signed with the Russian oil company Soyuzneftegaz. In a press release issued yesterday, the Syrian Coalition said it “condemns the As
Hibiscus Petroleum Berhad has announced that Masirah Oil Limited, a jointly-controlled entity of Lime Petroleum Plc (“Lime”), suspended (on 19 December 2013), for safety reasons, its 1st exploration well, Masirah North North #1 (“MNN #1”) in Block 50 Oman for further evaluation. The MNN #1 well was
Mott MacDonald has been appointed project management consultant by the Abu Dhabi Oil Company Limited (ADOC) for the development of the Hail offshore oilfield in Abu Dhabi, UAE. Located approximately 10km south of Mubarraz Island, the expansion will increase current production and secure safe product
His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World, held discussions on co-operation with Mr. Ravi K. Mehrotra CBE, Executive Chairman of Foresight Limited and Executive Chairman and Co-Chairman – Europe India Chamber of Commerce, Belgium, and in the presence of Mr. Ali B
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Maritime security company Sonardyne International Ltd. has completed the installation of a Sentinel Intruder Detection System (IDS) onboard a drilling rig operating in an undisclosed offshore oil field in the Middle East. The system has been deployed to protect the platform against the threat of att
BP today said that 2013 had been its most successful year for new field exploration for almost a decade. During the year, BP has participated in 15 completed wildcat exploration wells which have resulted in seven potentially commercial discoveries, giving a new field exploration success rate of over
Technip was awarded by Kuwait Oil Company (KOC) a contract, worth over USD 400 million, for consultancy services for project management and engineering. This deals with the construction of new oil and gas infrastructure facilities, as well as the upgrading of existing facilities, in Kuwait. Technip
Noble Energy, Inc. today announced its 2014 capital program and guidance, and updated certain guidance items for the fourth quarter of 2013. Total capital expenditures are estimated at $4.8 billion for 2014, with investments allocated 70 percent to U.S. Onshore and 30 percent to Global Deepwater act
Shipyard De Hoop has received an order to design, build and deliver ten Platform Supply Vessels (PSV) for Abu Dhabi National Oil Company (ADNOC). ADNOC issued the invitation to tender at the beginning of 2013, following technical prequalification the group of tenderers was reduced to a shortlist of
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The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, according to ExxonMobil’s Outlook for Energy: A View to 2040, which was released
