The Manifa Drilling Team set a new record in December when it finished drilling the longest well in Saudi Arabia to a total depth of 32,136 ft (± 9.8 km) and completed a horizontal power water injector across the Lower Ratawi reservoir. A Precision Drilling rig did the work on the Manifa well, excee
The world market for subsea hardware is set for strong growth over the forecast period to 2015, increasing by 23% compared to 2006-2010. Douglas-Westwood projections for global Capex for the period total $139 billion. Fields are being developed in deeper waters, from increasingly-remote locations an
By joining the second drilling rig to the south Pars gas field region, drilling operations started in the second position at the South Pars gas field phases 17 and 18. According to a report by Fars News Agency, initial production from the phases 17 and 18 will be started before the end of next Irani
Lamprell, a leading provider of specialist engineering services to the international oil & gas and renewables industry, announced that it has received a new contract award from Greatship Global Energy Services Pte. Ltd (“Greatship”), based in Singapore, for the construction and delivery of a complet
Polarcus Limited announced that it has held a double naming ceremony on 16 February 2011 for the Company’s newest vessels, POLARCUS SAMUR and POLARCUS ALIMA, to join the industry’s most modern 3D seismic fleet. The ceremony was held at the Drydocks World – Dubai shipyard in the United Arab Emirates
Polarcus Limited announces that the Company has received a Letter of Award for a 3D seismic acquisition project to be acquired by POLARCUS ALIMA, the fifth and latest vessel to join the Polarcus fleet and the second of the ULSTEIN SX134 design. The project will commence in April after vessel shakedo
Siemens and Saudi Aramco, one of the world’s largest oil companies headquartered in Dhahran, Saudi Arabia, have recently signed a corporate procurement agreement (CPA). This corporate-level agreement will strengthen the cooperation between the two companies. In addition, a sub-procurement agreement
Polarcus Limited announced that the official steel cutting ceremony of newbuild NB292 took place on 07 February 2011. Vessel NB292 is the first of two newbuilds ordered from Ulstein Verft AS of Norway and announced by Polarcus on 18 November 2010. The vessels are being built to the ULSTEIN SX134 des
One of the world’s most important environmental organizations, the World Wildlife Fund, warned yesterday about the ecological impact of … By Zafrir Rinat (Haaretz) [mappress] Source:Haaretz, February 9, 2011;
Gulf Marine Services Saudi Arabia Ltd (GMSSA), a joint venture between Shoaibi GroupShoaibi Group and Gulf Marine Services has today … [mappress] Source:Zawya, February 8, 2011;
Dredging International and MEDCO, have been awarded a contract for mixed dredging and civil engineering works to construct two artificial energy islands, including their service harbours, aimed to provide Abu Dhabi with energy based on facilities for oil drilling, etc. from the previously untapped o
MIS reports record profits, margin improvements at every level and net income of $35.7 million versus $29.0 million in 2009. MIS Co. Ltd. Inc reports a further quarter of robust operating profits, with results for the 4th Quarter 2010, operating and financial highlights of which are as follows: * Re
Abu Dhabi Oil Co., Ltd. (Japan), ADOC, a subsidiary of Cosmo Oil Co., Ltd. and an oil operating company in Abu Dhabi, United Arab Emirates, announced today the signing of a New Concession Agreement with the Supreme Petroleum Council of Abu Dhabi. ADOC is a 100% concession holder of the new concessio
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor , announced that, on January 29, 2011, due to the civil unrest that has occurred in Egypt, its’ customer, RWE Dea Nile GmbH gave notice to Alpha Offshore Services Company, a wholly-owned subsidiary of Atwood Oceanics, Inc., of
