Managing-Director of the National Iranian Oil Company (NIOC) Ahmad Qalebani announced that all phases of the South Pars gas field will come online in the near future. “Phases 15 and 16 and parts of phases 17 and 18 of South Pars gas field will become operational by the end of current Iranian year (e
Top News of The Week June 10 – 15, 2013
The BP Statistical Review of World Energy 2013 – the 62nd annual report – is launched today, revealing that 2012 had the largest single-year increase in US oil production ever recorded, and new evidence of the flexibility of the world’s energy system in meeting rapid global change. The US recorded t
Iran and India have held constructive talks on India’s partnership in the development of Farzad B gas field in the Persian Gulf, Iran’s Oil Minister Rostam Qasemi said, Press TV reported. Qasemi pointed to fruitful talks between Iranian and Indian officials during his three-day visit to New Delhi an
More than elsewhere, the energy sector in the Middle East is vulnerable to cyber-attacks, DNV KEMA has announced today. Although governments and companies have raised concern, the awareness in the region for cyber threats is insufficient in relation to the technology developments and the level of im
Maersk is launching today a new computer game called ‘Quest for Oil’. Maersk is taking the lead in an innovative way by using a video game to open up the oil business to everyone. Quest for Oil is the first game of its kind and with the convergence of forces, innovation and technology Maersk gives [
Top News of the Week June 3 – 8, 2013
Baker Hughes Incorporated announced today that the international rig count for May 2013 was 1,283, down 18 from the 1,301 counted in April 2013, and up 58 from the 1,225 counted in May 2012. The international offshore rig count for May 2013 was 327, down 4 from the 331 counted in April 2013, and up
International energy consultancy Xodus Group has secured two contracts from Abu Dhabi based Valentine Maritime (Gulf) L.L.C. The first project is for the design of new subsea pipelines in the Arabian Gulf. This will be the Xodus Group’s first subsea project from its rapidly growing team in Dubai, Un
Top News of the Week May 27- June 1, 2013
Aquaterra Energy, the offshore engineering solutions specialist, has extended its global footprint and cemented its presence in the Middle East with the opening of a new office in Dubai. Driving the Aquaterra Energy business in this strategic region is newly appointed Sales Manager Martin Bolton, wh
Leighton Offshore has been awarded a contract for the replacement of floating hoses on the SPM system operated by Qatar Gas. Ras Laffan Terminal Operations, part of Qatargas Operating Company Ltd, operates and maintains two SPM CALM buoys approximately 54 Km offshore from Ras Laffan Industrial City,
WorleyParsons has agreed to terms with Saudi Aramco which will see its current Maintain Potential Programme (MPP) contract extended for a further 2 years. WorleyParsons Arabia has held this contract for the past eleven years and said this unprecedented 4th extension “is testament to the excellence a
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