Extensive experience and skills are the reasons why Blue Water Shipping has been awarded this complicated rig transport to the Caspian Sea. Over the years, Blue Water Shipping has become one of the major players within the transport of giant constructions to the Caspian Sea through the Russian river
Oil and gas industry leaders have forecast improved performance and higher levels of capital expenditure this year, despite concerns over global economic instability, according to a new report on the future of the sector. Increased investment across the industry will focus on exploration activity, w
Officials from the Lebanese Ministry of Energy and Water have signed a contract extension with Spectrum for the licensing of the highly successful “LEB-02” and “EMED-00” Multi-Client seismic datasets offshore Lebanon. Spectrum’s comprehensive suite of East Mediterranean products is comprised of four
Ithaca Energy today announced that the Athena field development activities continue to progress. The BW Athena FPSO, is undergoing final phases of conversion work in Dubai Dry Dock World. Commissioning is underway and will be completed before sailaway from Dubai to ensure that the hook-up and offsho
Israel’s Petroleum Commissioner has granted approval to Adira Energy Ltd. for the farm-out of 25% of its interest in the Yitzhak offshore license to the AGR Group and Ellomay Oil and Gas 2011 LP, pursuant to a series of Farm-Out Agreements announced on December 5, 2011. The Agreements are now uncond
National Iranian Oil Company reported yesterday that FSU Sourena will moor for repairs when new FSU Khalij-e Fars enters Bahregan zone on 20th March 2012. Manager of FSU Sourena at Iranian Offshore Oil Company (IOOC)said that for major repairs Sourena’s activities need to be fully halted therefore a
UAE-based Oceanic Marine Contractors (OMC) has taken delivery of its state-of-the-art Oceanic 5000, which will service the offshore oil and gas construction sector. The vessel, the largest of its type in the region, is designed for worldwide operations and will focus on the installation and removal
Pars Oil & Gas Company (POGC) signed a contract with Global Petro Tech Company on drilling two descriptive-production wells to examine output potentials of the South Pars gas field’s oil layer on January 2 2012) at Petroleum Ministry building in the presence of Iranian petroleum minister, Rostam Gha
Iran decided to develop the Arash gas field on its own if Kuwait doesn’t answer to an offer to develop the field together. Iran said it would launch full-scale development of the offshore Arash gas field in the Persian Gulf if Kuwait does not respond to its offer of joint development, Fars News Agen
IOOC (Iran Offshore Oil Company) plans to increase production at the Forouzan oil field by the end of the next calendar year , which is shared by 40 pct, with Saudi Arabia, managing director stated. “Some 100 kilometers seabed pipeline has been laid and related platform will be installed in the midd
Tug Fairmount Sherpa has successfully towed jack-up drilling rig Baharia I to her new position in the Zeit Bay oil field in the Gulf of Suez. The Fairmount Sherpa is one of five supertugs owned by Rotterdam based Fairmount Marine. The rig move for Egyptian oil company Zeitco came just after deliveri
Lamprell , a provider of specialist engineering services to the international offshore and onshore oil & gas industry,has received a contract award from Compañía Perforadora Mexico S.A.P.I. DE C.V. (“PEMSA”), a subsidiary of Grupo Mexico, for the construction and delivery of Hull 108, a completely o
NIOC announced in a press release that the Development contract of Lavan gas field was signed between Iranian Offshore Oil Company (IOOC) and Energy Sepehr Co. today (27 December 2011) in presence of the Iranian minister of Petroleum, Rostam Ghasemi, and managing director of National Iranian Oil Com
Iranian Offshore Engineering and Construction Company (IOEC) says phases 17 & 18 of the South Pars gas field will be operational until September 2012. “The phase 17 is scheduled to become operational in July and the phase 18 of the South Pars gas field will be launched in September 2012,” IOEC manag
