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
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
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
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
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
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 […]
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
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;
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
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,
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;
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
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
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