Lebanon’s pre-qualification phase for the 1st License Round has attracted bids from 52 oil companies. The companies had until March 28, 2013 to send in their offers in closed envelopes. The applications came from 25 different countries all around the world. Oil majors such as Exxon Mobil, Chevron, E
Oil and gas companies facing a chronic skills shortage have received a boost with news that the UK Government is to relax the rules on employing engineers from outwith Europe. Twenty new engineering job categories are to be added to an exemption list which should make it easier for businesses to bri
Petrofac has been awarded an engineering, procurement, installation and commissioning (EPIC) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi. The US$500 million competitively tendered contract will commence shortly and will
Drydocks World, the UAE-based group engaged in ship repair, conversion, new building, Rigs and offshore construction, announced the launch of its Drydocks World – Global Offshore Services arm at a special ceremony organised at Dubai Maritime City, the new business units located in Fujairah and Dubai
Israel has achieved a major milestone on Saturday when natural gas production commenced from the Tamar field off Israel’s Mediterranean shore, Reuters reports. The country is expected to become a gas exporter by the end of the decade. Partners in the fields stated that they had invested $3 billion i
Top News of the Week March 25 – 30, 2013
A year after taking delivery of its last Bourbon Liberty 200 vessel and 1st Bourbon Liberty 300 vessel, BOURBON has extended its range of services with the Bourbon Liberty 151, the very first vessel in a series of 15 next generation PSVs. BOURBON has been investing in an extensive range of next gene
Schlumberger announced today the introduction of the CoilScan* real-time coiled tubing (CT) pipe inspection system. The system minimizes nonproductive time (NPT) by providing real-time pipe inspection during intervention operations to identify CT pipe defects prior to entry into the wellbore. “Most
The Abu Dhabi Marine Operating Company (ADMA-OPCO) has signed a three-year contract, with an extension option for a further two years, with Abu Dhabi-based Gulf Marine Services (GMS) whereby the jackup barge Keloa will join ADMA OPCO’s technical support fleet in the Umm Shaif and Zakum fields, offsh
Top News of the Week March 18 – 23, 2013
Singapore’s Ezion Holdings Limited announced that it has secured a charter contract with a value of approximately USD 48.2 million over a 3 year period to provide a service rig to be used by an international oil company to support its oil & gas activities in the Arabian Gulf. The service rig is expe
Aberdeen-based Operational Excellence (OPEX) Group Ltd is on track to meet its ambitious growth plans with £10million worth of business secured in the last three months. The company, which helps operators eliminate production loss and unplanned breakdowns, has secured work with a number of oil major
Drydocks World, a UAE-based service provider to the global maritime and offshore oil and gas industry, announced significant safety milestones on a number of projects in February 2013. The company has built its reputation around a strong Health, Safety and Environment culture and is working on sever
Fastnet , the listed E&P company focused on near term exploration acreage in the Celtic Sea and Morocco, has executed a seismic contract with CGG to acquire, using the SR Veritas Vantage vessel, 1,710 sq. km. of 3D seismic in the Celtic Sea beginning in mid-April 2013. The total value of the program
