Atwood Beacon rig is expected to arrive at a drilling location in the East Mediterranean tomorrow, globes.co.il has reported. Upon arrival the rig will start drilling on Yam 3 prospect, operated by Shemen Oil and Gas resources. The well is located at the Shemen/387 license, off the coast of Palmachi
Norway-based DNO International ASA announced today that production from Block 8 offshore the Sultanate of Oman has climbed to a record daily rate of 20,000 barrels of oil and condensate and 60 million cubic feet of gas following completion of a two-well drilling program in the West Bukha field. Thes
Leading international subsea equipment solutions specialist Ashtead Technology Offshore today announced that it has appointed an agent in the Middle East to support its continuing global expansion. The Aberdeen-headquartered company has completed an agreement with Abu Dhabi-based Technical Equipment
Gulf Drilling International Limited (Q.S.C.) announced the signing of a contract valued at an estimated US$34 million to provide Lift Boat Services to Dolphin Energy Limited over a sixteen month period. The self propelled jack-up unit will provide accommodation, maintenance and platform support to D
Spectrum has announced the start of Phase II of its Multi-Client 3D survey in the Levantine Basin offshore Lebanon. The survey is carried out in cooperation with Fugro and the vessel will acquire the data using 8 streamers. The survey is adjacent to Phase I and is to comprise 1,200 square kilometers
Veripos, world leaders for provision of high-precision GNSS positioning solutions to the offshore oil and gas industry, has been awarded a two-year extension to its present contract with seismic survey specialists SeaBird Exploration FZ-LLC of Dubai, a division of the Norwegian SeaBird Exploration G
Shell has extended a contract with Gulf Drilling International for the Al-Khor jack-up drilling rig. Shell will use the rig for offshore drilling in Qatar’s North Field. The value and the length of the contract were not disclosed. The new contract covers drilling activities in the Pre-Khuff interval
SBM Offshore, a Dutch based provider of systems and services to the global offshore oil and gas industry, today, November 15, announced it has sold a Diving Support Vessel to Dulam. The vessel, DSV Dynamic Installer, has been sold to the Dubai-based subsea services company, Dulam, for USD 14.8 milli
Qatar Petroleum and French oil company Total today signed a Heads of Agreement on Al Khalij field, offshore Qatar, for a further 25 years. Located about 130 kilometers east of the Qatari coast, Al Khalij field was discovered by Total in 1991 and commenced production in 1997 pursuant to an Exploratio
Royal Dutch Shell plc hosted a management day with investors today, focusing on global gas and Asia Pacific Upstream. Outlining Shell’s global gas strategy, CEO Peter Voser said: “Strong growth in gas markets, especially Integrated Gas, is a major opportunity for Shell and our shareholders. Our Inte
The UAE-based owner of seismic vessels, Polarcus Limited, today reported net profit of $21.1 million for the third quarter 2012, an increase compared to the $5.9 million earned in the same period 2011. The third quarter 2012 was the first time Polarcus operated its full fleet complement of eight ves
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announced that Frank Nelson has been appointed as Interim Chief Financial Officer and will join the senior management team with immediate effect. Ne
HB Rentals, the global offshore accommodation specialist to the oil and gas industry, has further enhanced its expansion in the Middle East by announcing a partnership with Mubarak A AlSuwaiket & Sons Oil and Gas Services Co in Saudi Arabia. This agency agreement expands HB Rentals’ capability into
Drydocks World and Maritime World, the prominent marine and maritime services and global provider, is participating in ADIPEC 2012, the leading exhibition in the Middle East targeting the offshore oil and energy sectors, being organised from 11 – 14 November 2012 at ADNEC. The Company is featuring s