Qatar’s Gulf Drilling International and Occidental Petroleum have signed a five year contract for the jack-up rig ‘Al Wajba’. The contract will take effect on January 1, 2015, upon expiration of the current contract. The rig has been working for Oxy Qatar since 2008. The estimated value of the deal
Yemen LNG celebrated in Sana’a the award of LNG Diplomas to a first batch of graduate engineers who have successfully completed a Diploma of Petroleum Studies, Major in Liquefied Natural Gas, at the Yemen LNG School of Technology in Balhaf, Shabwa. Held under the auspices of the Ministry of Oil and
The Gas Exporting Countries Forum (GECF) and the International Energy Agency (IEA) have agreed to enhance cooperation. The GECF secretary general, Mohammad-Hossein Adeli, met the IEA executive director, Maria van der Hoeven, on the sidelines of the 4th IEA-IEF-OPEC Symposium hosted by Riyadh, Saudi
DP World’s Jebel Ali Container Terminal 3 (T3), inaugurated yesterday by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, is set to be the world’s largest semi-automated facility. With 19 highly sophisticated automated quay cranes a
The National Shipping Company of Saudi Arabia’s (Bahri) subsidiary Bahri Dry Bulk (owned 60% by Bahri and 40% by Arasco) received a dry bulk vessel named Bahri Bulk at a ceremony held in Japan on Monday, January 27th. This is the third vessel delivered from the five vessels that were contracted in 2
Iranian President Hassan Rouhani said Iran is ready to transfer its experience in oil and gas sectors to its northern neighbor. In a meeting with his Azerbaijani counterpart Ilham Aliyev on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland, Rouhani stated that Iran and Azerbaijan
Missing Vessel Feared Hijacked Liberian flagged tanker MT Kerala could be hijacked, a specialist maritime intelligence agency Dryad Maritime warned. The vessel, owned by Dynacom Tankers, has been reported missing off the coast of Angola, having last been sighted seven nautical miles NNW of Luanda. G
Most Popular News of the Week, Jan 20 – 26, 2013
RasGas made a strong presence at the 7th International Petroleum Technology Conference (IPTC) held in Qatar’s capital, Doha. On the opening day, Nafez Bseiso, Chief Venture Officer featured on a panel discussion titled ‘The Future of Integrated Project Management in a Cyclic Environment’ where he ex
Qatargas is participating as a principal sponsor in the 7th International Petroleum Technology Conference (IPTC), being held at the Qatar National Convention Centre in Doha from 19 – 22 January. Being organised under the theme “Unlocking Energy through Innovation, Technology and Capability” the even
Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announces the acquisition of two large and modern Anchor Handling Towage and Supply Vessels (AHTSV) at a purchase price in excess of US$ 100 million. The vessels, the Casp
GE Oil & Gas announced it has received a contract to provide a turnkey turbomachinery solution to Petrofac Emirates for the Upper Zakum UZ750 field in Abu Dhabi, developed by ZADCO (Zakum Development Company). The turbomachinery equipment will be delivered in the form of massive, standalone, plug-an
Malaysia’s largest oilfield services provider, SapuraKencana has established a new subsidiary in the United Arab Emirates. In a filing to Bursa Malaysia, the company said that its wholly-owned subsidiary Sapura Petroleum Sdn Bhd had on 7 January 2014 incorporated the new subsidiary in United Arab Em
Iran and Senegal will broaden energy cooperation in near future, Iran’s Petroleum Minister Bijan Namdar Zanganeh said. “Iran’s public and private sectors were ready to boost long-term cooperation in oil, gas and petrochemical production and refining with Senegal,” Zanganeh added in a meeting with vi
