Fugro has reached agreement to acquire DCN Global LLC (‘DCN Global’), a company specialising in the provision of subsea engineering and diving services to the offshore civil and oil & gas industry, primarily in the Middle East. Over the last four decades Fugro has firmly established itself as the le
Noble Corporation, a U.S.-based drilling contractor, has announced that it has secured a contract for its newbuild Noble Houston Colbert jack-up rig, as well as contracts and contract extensions for four other rigs in the Arabian Gulf. In its fleet status report, the drilling contractor said that th
Head of petroleum engineering in the Development Project of Kish Gas Field talked about five environmental studies and early production from The Field by Petroleum Engineering and Development Company (PEDEC). According to Petroleum Engineering and Development Company’s (PEDEC) Public Relations (PR),
Iraqi Prime Minister Nuri Al-Maliki and Eni’s CEO Paolo Scaroni met today in Baghdad to discuss Eni’s activities in the country. During the meeting, Scaroni along with Claudio Descalzi, COO of Eni E&P, updated the Prime Minister on the development activities at the Zubair oil field and discussed the
Iranian Oil Minister Bijan Namdar Zanganeh has called for allocating as capital and equipment as necessary to complete the development of the South Pars gas field in the shortest possible time. He has emphasized that the priority should be placed on phases 12, 15, 16, 17, and 18 of the gas field, th
Lamprell Energy, a UAE-based provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces today 2013 interim financial results for six months to 30 June 2013. The Group’s total revenue of $521.0 million for the period w
Millennium Offshore Services, a provider of offshore jack-up accommodation service vessels (“ASVs”) to oil and gas industry, announced today that it has signed a contract to purchase a 300’ Letourneau 116 Cantilever jack-up rig from an offshore drilling company for $25 million, to be named the “MOS
Japan Oil, Gas and Metals National Corporation (JOGMEC) and Qatar Petroleum (QP) signed a Memorandum of Understanding (MOU) for bilateral technical cooperation between them. The MOU covers several areas including technologies used in the oil and gas upstream developments, and the development of huma
Singapore’s Ezion Holdings Limited has secured a $49 million contract to provide a service rig to be used by an oil major to support its oil & gas activities in the Middle East. The contract is for a period of four years. The service rig is anticipated to be deployed and working in offshore oil and
Technip, in a consortium led by National Petroleum Construction Company (NPCC), has been awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) the contract for the engineering, procurement and construction (EPC) work of Umm Lulu Full Field Development project – Package 2 (Process Facilities). Th
Lamprell, a provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces that the Group’s Chief Financial Officer, Frank Nelson, has informed the Company of his intention to leave Lamprell to return to the UK for person
Top News of The Week August 19 – 24, 2013
The subsea vessel operations market is poised to see an increase in demand in the near term with day rates for some vessels set to increase. Between 2013 and 2017, Douglas-Westwood (DW) forecast $106 billion (bn) of expenditure on subsea vessel operations – an increase of 54% over the preceding five
Singapore’s Sembcorp Marine has signed a Memorandum of Understanding (MOU) with Saudi Aramco and the National Shipping Company of Saudi Arabia (Bahri), one of the largest shipping companies in the world, with the objective of preparing a detailed feasibility assessment aimed at the development of a
