Baker Hughes Incorporated announced today that the international rig count for July 2012 was 1,264, down 21 from the 1,285 counted in June 2012, and up 114 from the 1,150 counted in July 2011. The international offshore rig count for July 2012 was 286, down 19 from the 305 counted in June 2012 and d
French oilfield services provider Technip, together with National Petroleum Construction Company (NPCC), has been awarded by Zakum Development Company (ZADCO) a lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract for the Upper Zakum 750K Project in Abu D
Polarcus Limited, a UAE-based owner of hi-tech seismic fleet has announced second quarter 2012 financial results. The second quarter 2012 was characterized by improved market conditions. This was reflected in the high utilization of 89% in the quarter. Revenues increased largely due to having two mo
Qatar Petroleum (QP), representing the Government of the State of Qatar, signed an agreement authorizing PetroChina Investment to acquire from GDF SUEZ Exploration Qatar B.V. 40% of the exploration and production rights under its Qatar’s Block 4 Exploration and Production Sharing Agreement (EPSA). G
Adira Energy Ltd. announces that Modiin Energy L.P, on behalf of the Gabriella License consortium, including Adira and Brownstone Energy, has executed a detailed drilling contract with Noble International Ltd (“Noble Drilling”). The Agreement provides for the drilling of the Gabriella License by the
Iranian Offshore Oil Company managing director announced that the Islamic Republic of Iran is ready to cooperate with Kuwait, to jointly develop Arash field. Mahmoud Zirkchiyanzadeh said: “Iran emphasize on its positive diplomacy for development of Arash field and is ready to cooperate with Kuwait.
Speedy announces that, as subcontract partner to ESNAAD, the support services arm of Abu Dhabi National Oil Company (ADNOC), it has been awarded a long-term contract to provide logistics, asset management and equipment rental services to support Zakum Development Company’s (ZADCO) flagship UZ 750 Pr
Dragon Oil plc, an international oil and gas exploration, development and production company, announces the results of successful completion and initial testing for the Dzheitune (Lam) 28/174 development well and sidetrack of the Dzheitune (Lam) 13/144C. The Dzheitune (Lam) 28/174 well was completed
IOEC becomes the first Iranian company to apply for building the infrastructure necessary to construct jack-up drilling rigs and gains property ownership rights and a certificate from GL, Germany. Announcing the above, Dr.Ali Taheri stated that with regard to the urgent need of such rigs in the coun
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables industry, announces that it has received a new contract award from Seajacks 4 Limited (“Seajacks”). The Engineering, Procurement & Construction contract,which is valu
McDermott International, Inc. announced today that one of its subsidiaries has been awarded two projects for Saudi Aramco in the Arabian Gulf in the Karan, Safaniya and Zuluf fields. The values of these contracts are included in McDermott’s second quarter 2012 backlog. The first project, Karan-45, c
Pipeline engineering company based in Aberdeen,UK, STATS Group, has appointed Angus Bowie as Regional Director for the Middle East North Africa (MENA) in a move which heralds a major expansion in the region. Bowie was previously Technical Director and has relocated from Aberdeen to Abu Dhabi where h
Cyprus-based SD Standard Drilling Plc (“Standard Drilling”) has entered into a final SPA for the sale of one rig (B325) under construction for a total consideration of USD 213,5m. The buyer is Arabian Drilling Company, a company incorporated in Saudi Arabia. The sale of the rig will give an estimate
Drydocks World, the most prolific shipyard in operation in the Middle East, announced the completion of maintenance work on Abu Dhabi-UAE based National Drilling Company’s (NDC) Jack-Up Cantilever type Self Elevating Drilling Platform, Delma, which was built in Brazil in 1983. Drydocks World has rep
