Marine-1 drilling rig is set to start drilling 12 wells in phase 20 of the South Pars gas field after completing its operations in the oil layer of the field, Managing-Director of the International Drilling Company Pourya Pornouri said. “The Marine-1 drilling rig should drill 12 wells in Phase 20 of
Under the auspice of HE Said Hamdoon, Undersecretary Ministry of Transport and Communication, Oman International Container Terminal ground breaking ceremony took place on May 16th to mark the start of the expansion of their container terminal capacity in Sohar. The construction will pave the way to
China: ABB Signs Service Agreement with CLSICO ABB, the leading power and automation technology group, signed a long-term Preventive Service agreement with China LNG Shipping International Co. Ltd (CLSICO) to provide maintenance services to all ABB equipment onboard of its six LNG vessels in the nex
See the most read news of the week May 13 – 18, 2013
1) Wood Group Kenny Secures Bonaparte FLNG Contract, Australia GDF SUEZ Bonaparte, a subsidiary of French energy giant GDF SUEZ, operator of the Bonaparte LNG project has awarded WGK a contract for a (pre-FEED) subsea concept definition study for the Bonaparte LNG project. 2) Zeus: Fifty Mobile Fuel
Lamprell, a provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, has issued its latest Interim Management Statement in accordance with the EU Transparency Directive. This statement covers the period from 1 January 2013 to
Noble Energy has encountered ‘significant traces of natural gas’ at its Karish prospect, in the Mediterranean sea, offshore Israel. The well, located in the Alon C license, 75 kilometers north west of Haifa, has today reached a final depth of 4,790 meters below sea level (including the depth of the
Delek Drilling and Avner Oil Exploration announced the discovery of indicators of petroleum at “Karish 1” in the license area of Alon C/366 off Haifa, Israel. The companies said in a statement that the Karish 1 Well has reached a final depth of 4,790 meters below sea level (including the depth of th
Qatar Chamber and Hungarian Chamber of Commerce and Industry signed a memorandum of understanding (MoU) to strengthen economic ties, in Doha, on Sunday. The MoU was signed by Qatar Chamber Vice- Chairman Mohammed bin Ahmed bin Towar and Hungarian Chamber of Commerce and Industry Vice-President Feren
Iran’s revenue from natural gas exports is expected to surpass $10 billion per year, said Iran’s Deputy Oil Minister Javad Owji. Owji said that Iran would increase its gas exports to nearly 100 million cubic meters per day by the next year, Mehr news agency reported. “It is anticipated that with the
Under the patronage of Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry, the 26th meeting of the GCC Oil & Gas Companies Supply Chain Committee (GCCSC) was held at The Ritz-Carlton Doha on May 8-9, 2013 under the auspices of the Corporate Purchasing & Contracts Department of Qatar Pet
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announced its financial results for the first quarter ended 31 March 2013 with a net profit after tax of AED 241 million (US$ 66 million), an increase of 17% as compared to AED 206 million (US$56 million) in Q1 201
President Mohamed Morsi has called for expediting the implementation steps for the Suez Canal Corridor project in view of its positive effect in supporting the Egyptian economy, luring Arab and world investments, providing thousands of job opportunities for the Egyptians in general and Sinai citizen
The government of Bangladesh has sought extension of time of the memorandum of understanding (MoU) with Qatar by two more years to import LNG, The Financial Express reported, citing the Additional Secretary of the Energy Division under the MoPEMR Mohammed Abu Taher as saying. “We have proposed to Qa
