China became the world’s largest energy consumer in 2010 overtaking the USA during a year which saw the rebound in the global economy drive consumption higher and at a rate not seen since the aftermath of the 1973 oil price shocks. Demand for all forms of energy grew strongly in 2010 and increases i
For the fourth year in a row, Offshore Energy Exhibition & Conference will experience extensive growth. The number of registered exhibitors for Offshore Energy 2011, to be held 11 & 12 October at the Amsterdam RAI, already succeeds expectations. Compared to 40 registered exhibitors in the same perio
The Egyptian Minister of Petroleum Abdallah Ghorab and Eni COO Claudio Descalzi met in Cairo to support the renewed commitment of Eni towards exploration and development activities in Egypt, highlighting the importance of such commitment for both Egpc and Eni. The additional activities will take pla
Under the directives of HH Sheikh Dr Sultan bin Mohammed Al Qassimi, Member of the UAE Supreme Council and Ruler of Sharjah, the Government of Sharjah, represented by the Sharjah Petroleum Council, has signed a concession agreement with international oil company Rex Oil and Gas Limited for oil and g
Polarcus Limited recently announced that the Company has received a Letter of Intent for a 3D marine seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q3 2011 and is expected to run for approximately 35 days. Polarcus
Iran plans to invest $150 billion in its upstream oil and gas sector during the Fifth Five Year Development Plan, deputy minister of petroleum for planning and supervision on hydrocarbon resources, Mohsen Khojastemehr announced here. The investment in the upstream oil and gas sector will bring $179
Ensco announced the completion of its acquisition of Pride International, Inc. after both companies received overwhelming shareholder approvals at special meetings held earlier today. The combination establishes Ensco as the world’s second largest offshore drilling company, Ensco said. Under the ter
The Iranian Offshore Engineering and Construction Company has started Pipe-laying operations for South Pars phase 16, the project manager for SP phase 15 and 16, Abbas Haji Ghasemi announced. He went on to say that, 6 barges are responsible for the loading operation of the pipes for which one has al
Wood Group’s Alliance Engineering has been awarded a contract to provide detailed engineering and design services for the Tamar Platform Project, including topsides facilities and deck structure, to be located offshore Israel. The Tamar natural gas field will be operated by Noble Energy and is locat
Drydocks World, the well established ship repair, conversion and new building Group announced that it has signed a contract with Mumbai-India based construction group, Afcons Infrastructure to provide detail engineering, procurement, construction and delivery of a Self Elevating Platform AF SEP Samr
Noble Energy Inc. president and CEO David Stover has delivered good news for Israel’s natural gas and oil sector. He told a UBS conference… By Yael Gruntman Globes.co.il [mappress] Source:Globes , May 26, 2011;
Production of gas in the South Pars gas field hit 7 billion cubic meters in the first Iranian calendar month (ended on April 20, 2011), the production manager of the Pars Oil and Gas Company, Farrokh Alikhani announced . He went on to say that, the amount was produced in 10 phases of the […]
Further to the announcement of 7 April 2011, Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, announce the proposed recommended acquisition of all the issued and to be issued shares of Maritime Industrial Services Co. Ltd. Inc.
It is announced that Qatar Petroleum Development Co., Ltd.(Japan) , which is a subsidiary of Cosmo Oil Co., Ltd. , commenced oil production from A-Structure South Field offshore Qatar, Middle East. Qatar Petroleum Development Co., Ltd.(Japan) (QPD) was established as the project company for the purp
