Adira Energy Ltd. has entered into a series of agreements to farm-out part of its interest in the Yitzhak license (the “License”) to strengthen its operating and business profile in the License and to reduce its working interest from 85% to 60%. Adira has entered into a Farm-out Agreement with the A
Drydocks World has signed a contract with Singapore based AET, for two Tanker-to-Modular Capture Vessel (MCV) conversion projects. AET is converting these vessels as part of the Marine Well Containment Company’s (MWCC) well containment system. MWCC is a not-for-profit, stand-alone organization with
Höegh LNG Holdings Ltd. has entered into an agreement with South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (“DSME”) to start a project specific front-end engineering design (FEED) of an LNG FPSO solution for the Tamar gas field offshore Israel. This agreement follows the recent announceme
ShawCor’s pipecoating division, Bredero Shaw, has received a 45 milliona contract from Hyundai Heavy Industries to provide corrosion protection and concrete weight coating for the Barzan pipeline project in the Qatari sector of the Arabian Gulf. The contract will be executed at Bredero Shaw’s facili
Shell presented Gulf Drilling International (GDI) with a performance award in recognition for the excellent performance on their Al Khor jack-up drilling rig, operating offshore Qatar. Johan Surewaard, Vice President Wells for the Middle East, North Africa and Russia regions and Andy Brown, Executiv
Miclyn Express Offshore (“MIO”) reports that two Offshore Support Vessels (“OSVs”), the Miclyn Grace and Miclyn Grand, have been awarded five year contracts to act as Multipurpose Vessels for Saudi Aramco in Saudi Arabia. The vessels are currently serving out their existing charter contracts in Thai
Amarinth, a company specialising in the design, application and manufacture of centrifugal pumps and associated equipment to the industrial, chemical and petrochemical industries has delivered £750K of API 610 OH2 pumps to ZADCO , for an offshore pilot plant at Zirku Island, Abu Dhabi. The new pilot
BP and its co-venturers in the Shah Deniz consortium announced their new programme to support Turkey’s Middle East Technical University (METU) in providing technical training and international certification to Turkish engineers. Under this programme, funding from the Shah Deniz consortium will enabl
Government of Yement today informed Nexen that the company’s application to extend the Block 14 (Masila) Production Sharing Contract has not been accepted, and that a newly Yemen national company will take over the operatorship of the block upon the PSC expiry on December 17. Marvin Romanow, Nexen’s
Turkish Energy Minister Taner Yildiz said today that Turkey has reached agreement with Dutch oil giant Shell, for the exploration in Gulf of Antalya. Turkey also plans to announce a tender for hydrocarbon exploration in Gulf of Mersin and Iskenderun, and many major oil companies such as Statoil, Pet
South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd announced today that it has entered into agreement with Noble Energy Inc, Delek Group Ltd and Isramco Inc to develop Israel’s Tamar offshore natural gas field. Daewoo will immediately begin with an LNG-FPSO feasibility study, and a final
Iran plans to invest up to $35 million to build its very first oil spill recovery vessel, Zawya reported. The vessel, which will be one of the biggest of its kind in the Middle East is expected to bear the responsibility of dealing with any oil spillage and pollution in the Persian Gulf. Iran Shipbu
Oil and gas engineering specialist, STATS Group, has appointed Vikas Shangari as business development manager for the Middle East as part of a strategy to expand operations across the Gulf Cooperation Council states. STATS Group design, manufacture and install a range of patented technologies used i
Offshore Middle East has announced the inclusion of the inaugural Student Paper Program at the 2013 event taking place in Doha, Qatar on January 21-23, 2013. The purpose of the program is to showcase regional engineering talent and student development in regional universities. The program also serve
