Noble Energy, Inc. yesterday announced its 2013 capital program and guidance, and provided updates to the fourth quarter of 2012. Total capital expenditures are estimated at $3.9 billion for the year. The capital program allocates 60 percent to onshore U.S., six percent to the deepwater Gulf of Mexi
Chevron Corporation has announced a $36.7 billion capital and exploratory investment program for 2013. Included in the 2013 program are $3.3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. “Our exploration program continues to discover additional gas reso
The UAE-based shipowner Polarcus has received the world’s first-ever DNV Level 1 Triple-E™ rating, a voluntary environmental rating scheme for ships, where 1 is the highest. All eight vessels in the Polarcus fleet are designed by ULSTEIN. The rating is based on a verification of a ship’s actual ener
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces that James Moffat has been appointed as Chief Executive Officer effective March 1st, 2013. Prior to his appointment, Moffat was the execut
Transocean Ltd. announced today that it has closed on the previously disclosed transaction to sell 38 shallow water drilling rigs to Shelf Drilling. Shelf Drilling is a newly-formed company sponsored equally by Castle Harlan, CHAMP Private Equity and Lime Rock Partners., focused on providing of shal
Australia’s oil and gas company Woodside has reached an agreement to buy a participating interest in Leviathan, one of the largest recent offshore gas discoveries worldwide. The move could see the Australian company play a key role in the potential development of a liquefied natural gas industry in
A Cost Sharing Agreement (CSA) has been executed between Levant LNG Marketing, a subsidiary of Pangea LNG B.V., and Tamar Partners. This major milestone demonstrates the continuing progress toward the export of LNG from the Tamar and Dalit fields in the Eastern Mediterranean, 60 miles offshore from
Delek Group gas subsidiaries announced that the Pre-FEED stage of Tamar and Dalit floating liquefied natural gas project (FLNG), off the coast of Israel, has now been successfully completed. Therefore, the Tamar partners decided to begin the second phase-front-end engineering design (FEED). LNG prod
DNO International ASA, the Norwegian oil and gas company, was recognized last night for its outstanding overall performance in regional exploration and production during 2012 at an awards ceremony hosted by Middle East Oil & Gas magazine in Dubai. The Company was represented by Magne Normann, Chief
Drydocks World, a UAE-based service provider to the global maritime and offshore oil and gas industry has entered into a multi-million contract with Premier Oil, to build subsea facility for Solan oil field in UK. “We have achieved yet another breakthrough in penetrating the offshore oil sector with
TWMA, a provider of integrated drilling services and environmental solutions, today announces a contract win for Zakum Development Company’s (ZADCO) flagship UZ 750 Project at Abu Dhabi’s Upper Zakum field, the fourth largest oilfield in the world. Scheduled to begin in December 2012, the contract,
Reflex Marine was represented by EnerMech FZE this year at ADIPEC 2012. EnerMech is one of a group of companies providing regional services to Reflex Marine clients as part of its global portfolio of Accredited Services Centre (ASC). ADIPEC, held at the Abu Dhabi National Exhibition Centre, is the l
Iran has started drilling the first development well at South Pars gas field’s phases 22-24. The Sina drilling rig, the same rig that drilled the phases’ first exploratory well, is drilling the development well, the IRNA News Agency reported. The first exploratory well of phases 22-24 of the South P
Dana Gas has signed a set of agreements with the Sharjah and Ajman Governments to jointly develop the shared field located around 40 kilometers off the two coasts. These included a unitization agreement for management of the shared field, gas sales and purchase agreements, and the joint operating ag
