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NDC Orders 2 Jack-Up Rigs from Lamprell (UAE)
Fossil Energy

NDC Orders 2 Jack-Up Rigs from Lamprell (UAE)

Lamprell , a leading provider of specialist engineering services to the international oil and gas and renewables industry, announces the exercise by National Drilling Company (“NDC”), Abu Dhabi, of the options for Lamprell to build two jackup rigs in addition to the rigs currently under construction

about 15 years ago
Leighton Offshore Bags Single Point Mooring Contract from Iraq’s South Oil Company
Fossil Energy

Leighton Offshore Bags Single Point Mooring Contract from Iraq’s South Oil Company

Leighton Offshore today announced the award of an additional Single Point Mooring (SPM) contract by Iraq’s South Oil Company (SOC). The SPM contract worth US $79.85m is in addition to the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) scope currently underway. The work will be undert

about 15 years ago
Iraq: Leighton Offshore Secures USD 518 Million Contract for ‘Sea Line Project’
Fossil Energy

Iraq: Leighton Offshore Secures USD 518 Million Contract for ‘Sea Line Project’

Leighton Holdings Limited today announced that its subsidiary Leighton Offshore had been awarded a major contract by Iraq’s South Oil Company. The US$518 million contract forms part of the Crude Oil Export Facility Reconstruction Project (the “Sea Line Project”), which is financed and supported thro

about 15 years ago
McDermott Establishes Engineering and Consulting Company in Saudi Arabia
Fossil Energy

McDermott Establishes Engineering and Consulting Company in Saudi Arabia

McDermott International, Inc. announced that one of its subsidiaries has signed a partnership agreement with Eng. Khalid S. Al Shoaibi, of the Shoaibi Group, to form McDermott Arabia Engineering, a company specializing in engineering and consulting services to the offshore oil and gas industry in Sa

about 15 years ago
UAE: RAK Petroleum Selects Syncrolan Light from Tideland Signal to Mark Saleh Field Platforms
Fossil Energy

UAE: RAK Petroleum Selects Syncrolan Light from Tideland Signal to Mark Saleh Field Platforms

RAK Petroleum has chosen Syncrolan light and fog warning systems from Tideland Signal to mark its Saleh field platforms off the Ras Al Khaimah Emirate. Since 1988, Saleh’s five platforms have only produced small volumes of gas and condensate but RAK Petroleum took over the field in 2010 and has emba

about 15 years ago
Iran: All South Pars Phases to Come Online by October 2015
Fossil Energy

Iran: All South Pars Phases to Come Online by October 2015

All the phases of the South Pars gas field will come on line by October 2015, managing director of the Pars Oil and Gas Company (POGC), Mousa Souri said here. He went on to say that according to a plan drawn up by the company, every six months one of the phases of the South […]

about 15 years ago
The Netherlands: Offshore Energy 2011 Kicks Off Today!
Fossil Energy

The Netherlands: Offshore Energy 2011 Kicks Off Today!

The Offshore Energy exhibition, an event focused on global oil & gas exploration and production market opened today in Amsterdam RAI, the Netherlands. The event boasts over 300 high-profile exhibitors from UK, Spain, Germany, Switzerland, The Netherlands, Saudi Arabia etc., and over 5000 visitors ar

about 15 years ago
Iran Begins Exploration of Caspian Southern Shelf
Fossil Energy

Iran Begins Exploration of Caspian Southern Shelf

An Iranian research vessel has started exploration of the Caspian Sea’s southern shelf, national media reported on Monday… RIA NOVOSTI [mappress] Source: RIA NOVOSTI, October 11, 2011;

about 15 years ago
Oil Rocks Commissions Well #2428, Offshore Azerbaijan
Fossil Energy

Oil Rocks Commissions Well #2428, Offshore Azerbaijan

The well #2428 drilled from the platform #2415 at Oil Rocks field has been commissioned recently. It was drilled by Oil Rocks Offshore Exploration Drilling Office of Complex Drilling Works Trust. The daily production of the well drilled to Balakhany Suite makes 16 tons of oil from 1740-1728 meters i

about 15 years ago
Iran: Phase 12 of South Pars Field to Come Online Next October
Fossil Energy

Iran: Phase 12 of South Pars Field to Come Online Next October

Phase 12 of Iran’s giant South Pars Oil and Gas field with an output of 84 million cubic meters of sour gas on a daily basis will come … Source: farsnews [mappress] Source: farsnews,

about 15 years ago
TCO Considers Borrowing Funds to Help Finance Oil Projects in Kazakhstan
Fossil Energy

TCO Considers Borrowing Funds to Help Finance Oil Projects in Kazakhstan

Tengizchevroil (TCO), the Chevron-led oil venture in Kazakhstan, is considering borrowing on capital markets to help finance a planned $18.5… Reported by: Dmitry Solovyov (Reuters) [mappress] Source: Reuters;

about 15 years ago
UAE: Polarcus Gets Loan to Refinance Debt
Fossil Energy

UAE: Polarcus Gets Loan to Refinance Debt

Polarcus Limited announces that the Company has signed the loan documentation for a bank loan facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The loan docu

about 15 years ago
Newly Acquired SOSH to Assist Heritage with Offshore Malta Ops
Fossil Energy

Newly Acquired SOSH to Assist Heritage with Offshore Malta Ops

Heritage Oil Plc , an independent upstream exploration and production company announces that a wholly owned subsidiary has acquired a controlling 51% interest in Sahara Oil Services Holdings Limited (“SOSH”) which holds the necessary long term permits and licences to provide oil field services in Li

about 15 years ago
UAE: DP Training Investment Highly Important for OSV Operators
Fossil Energy

UAE: DP Training Investment Highly Important for OSV Operators

The challenges faced by the offshore maritime industry in recruiting and retaining qualified operators to safeguard standards within the Dynamic Positioning (DP) vessel sector was discussed during one of the Middle East Workboats conference sessions, taking place at the Abu Dhabi National Exhibition

about 15 years ago
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