RasGas Company Limited (RasGas) has safely and successfully completed offshore drilling for 30 development wells for the $10.3bn Barzan Gas Project, paving the way for subsequent phases of the project to proceed with connecting the wells to subsea pipelines that will take gas to shore. The 30 develo
Hibiscus Petroleum Berhad (Hibiscus Petroleum) today announced that its jointly-controlled entity, Lime Petroleum Plc (Lime), through its subsidiary Masirah Oil Limited (Masirah), has awarded a drilling rig contract to Aban 7 Pte Ltd (Aban) for the execution of its drilling programme in the company’
‘Ramco Crusader’ OSV Sinks Off Brazil Brazil’s national oil company Petrobras has informed that the Ramco Crusader offshore support vessel sank Monday night, offshore Brazil. Huntington Field Shut Amid FPSO Issues. All Noreco’s Fields Now Closed Norwegian oil company Noreco has announcer that E.ON,
Drydocks World, a UAE-based shipyard, announced today that the world’s first Modular Capture Vessel (MCV), Eagle Texas, sailed away from its yard. The conversion of the AFRA max tanker was carried out by Drydocks World – Dubai and was completed for Singapore based AET, a global leader in petroleum s
Top News of The Week August 5 – 10, 2013
Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) fell 110,000 barrels per day (b/d) to 30.34 million b/d in July from 30.45 million b/d in June, a Platts survey of OPEC and oil industry officials and analysts showed Thursday. “When the consuming world wonders why oi
Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for July 2013 was 1,305, down 28 from the 1,333 counted in June 2013, and up 41 from the 1,264 counted in July 2012. The international offshore rig count for July 2013 was 320, down 17 from the 337 counted in June
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy industry, has announced the launch of a new company and associated office and workshop facilities in the Middle East. Hydrasun FZE, based in Dubai, UAE, has been formed to support t
Incat Tasmania Pty Ltd has secured a contract for the construction of a fast 70 metre crew support vessel for operations in the Caspian Sea oil industry in Azerbaijan. The contract was signed yesterday (Thursday 1st August) in Baku Azerbaijan by Incat Chairman Robert Clifford and representatives of
1. Footbridge Collapses Between ‘Floatel Superior’ and ‘Kvitebjorn’ 2. VIDEO: Gudrun Load Out, Sail Away and Offshore Installation 3. Gallery: Oil Spill Hits Thai Tourism. Greenpeace Calls for Drilling Ban 4. Eni Makes Significant Oil & Gas Discovery Offshore Congo 5. Seadrill Orders Two New
Noble Energy has informed its partners it is going to plug and abandon its Pinnacles 1 well located offshore Israel. According to a press release issued today by Delek, one of Noble’s partners in the project, due to significant increase in the water flow rate in the production of natural gas from Pi
OMV, the integrated, international oil and gas company, has launched a new job initiative. The planned growth in exploring and producing natural oil and gas means that the company will need around 1,600 additional technical staff by 2016, particularly university graduates and experienced specialists
TAQA, the international energy company from Abu Dhabi, today reported its operational and financial results for the first half of 2013. The first half of 2013 was characterised by good progress against TAQA’s long term growth projects, while a number of short-term operational issues impacted profita
Subtech Qatar awarded another suite of service contracts with combined estimated value of USD 40 million. Newly established subsea cable lay division and remotely operated vehicle division driven by expansion in the Middle East.