Rolls-Royce, the global power systems company, has been awarded a strategic contract to supply Abu Dhabi Marine Operating Company (ADMA-OPCO) with power generation equipment and related services to help boost oil and gas processing at the Satah Al- Razboot (SARB) offshore project in the United Arab
TAQA, the international energy and water company based in Abu Dhabi, has undertaken a reorganisation at its headquarters to enhance efficiency. The measures will reduce general & administrative costs by more than USD 20 million in 2014 and are part of a global initiative to position TAQA to deliver
French oil company Total has signed an Exploration and Production Sharing Agreement (PSA) for offshore Block 41 with the government of the Sultanate of Oman. This PSA was awarded following the exploration round launched by the Omani government in November 2012. Located off the Omani coast northwest
Delek Group gas subsidiaries, Delek Drilling LP and Avner Oil Exploration LP (together “Partnerships”) published the immediate report as detailed below: “In response to the media reports with regard to the development of a natural gas reservoir at Leviathan, and with regard to the deep reservoir tar
Top News of The Week, December 2 – 7, 2013
Baker Hughes Incorporated announced today that the international rig count for November 2013 was 1,311, down 4 from the 1,315 counted in October 2013, and up 44 from the 1,267 counted in November 2012. The international offshore rig count for November 2013 was 316, unchanged from October 2013, and u
Noble Energy, Inc. announced today discoveries at the Dantzler exploration well in the Deepwater Gulf of Mexico and at the Tamar Southwest (SW) exploration well offshore Israel. At Dantzler, wireline logging data indicates that the well encountered over 120 net feet of primarily crude oil pay in two
Grandweld Shipyards has completed the delivery of Bourbon Gannet, the third Hybrid Seismic Support Vessel in a series of six for Bourbon Offshore. The vessel was handed over in a delivery ceremony held on Saturday November 23, 2013 at Grandweld facilities at Dubai Maritime City. The 54metre length,
Drydocks World today signed a Letter of Intent (LOI) with Offshore Innovation Management Ltd., to build a series of AJ 62-X135 series of multi-purpose (accommodation & construction) Jack-Up rigs. The projects will start in 2014 and the first rig is expected to be delivered in 2016. “This is an exten
AMEC, the international engineering and project management company, has been awarded a Project Management Consultancy services contract by Abu Dhabi Marine Operating Company (ADMA OPCO) for their Umm Lulu Phase-2 full field development projects offshore United Arab Emirates (UAE). The contract is wo
Top news of the week
EV, a specialist in downhole video technology, has launched its Optis HD Electric line camera to the well intervention market, which can provide vital well diagnosis saving time and reducing risk. The new technology, which spent three years in development and which EV describes as “revolutionary”, a
Dolphin Energy Limited today announced it had signed a Memorandum of Understanding (MOU) with Nord Stream AG, the company that is providing a new natural gas supply route from Russia to Europe. The MOU was signed in the presence of Dolphin Energy’s General Managers in the UAE and Qatar, Ibrahim Ahme
The PALFINGER Group finalized the contracts for two acquisitions. The majority takeovers of Palfinger systems GmbH and the Megarme Group will expand PALFINGER’s portfolio for the shipping and offshore industries as the Group will henceforth provide access and working systems meeting the special dema
