Update on Emma Maersk Incident (Egypt) On 1 February 2013, Emma Maersk, Maersk Line’s largest container vessel, experienced ingress of water into the engine room. The vessel had just commenced its southbound transit through the Suez Canal en route to Asia. The captain decided to terminate the planne
OPera is a conceptual study of offshore power systems for oil and gas installations. The objective of this study, performed by DNV, is to complement existing power hub concepts, provide ideas and inspiration to the industry, and serve as invitation to collaboration. Main focus of the study is the ne
Lebanon government today announced the opening of the pre-qualification phase of companies for the First Offshore Licensing Round. Companies interested in participating in the licensing of petroleum activities in the Lebanese waters, are expected to submit their offers in a sealed package by 28 Marc
Prysmian Group, world leader in the energy and telecom cables and systems industry, will showcase state-of-the-art technologies at MEE 2013, the electrical industry’s largest show in the Middle East, taking place in Dubai from February 17 to 19, 2013 (booth C20, Hall 7). “Middle East Electricity 201
Prysmian Group, world leader in the energy and telecom cables and systems industry, will showcase state-of-the-art technologies at MEE 2013, the electrical industry’s largest show in the Middle East, taking place in Dubai from February 17 to 19, 2013 (booth C20, Hall 7). “Middle East Electricity 201
Gulf Capital, one of the leading and most active private equity firms in the Middle East, announced that it has invested in a significant majority stake of OCB Oilfield Services FZCO(“OCB”), the leading Oil & Gas crew supply and related logistics provider in the Middle East, South East Asia and Afri
The first phase of Kish gas field with the aim of early production will come online next Iranian calendar year that begins 20 March, managing director of the National Iranian Oil Company (NIOC), Ahamd Qalebani announced here. “The Kish gas field is one of the most important NIOC’s projects,” he said
The global market for remotely operated vehicles (ROVs) in the oil & gas industry will reach a value of $2.46bn in 2013,according to a report published by Visiongain. The sector will experience strong growth over the forecast period as increasing expenditure in the deepwater and subsea construction
Israel’s Delek Drilling – L.P. and Avner Oil Exploration – L.P., yesterday signed the Production Sharing Contract which is originally dated October 24, 2008 (the “PSC”), granting exploration rights, appraisal, development and production of oil and/or gas in the territorial waters of the Republic of
Emirates Gas LLC (EMGAS), a subsidiary of Emirates National Oil Company (ENOC), has signed a Memorandum of Understanding (MoU) with Dubai Municipality to treat land and sewage waste to generate Compressed Natural Gas (CNG). EMGAS is now setting up an advanced facility to convert waste to bio-methane
On February 10 Doha hosted the ceremonial opening of a Gazprom representative office in Qatar. Taking part in the opening ceremony were Viktor Zubkov, Chairman of the Gazprom Board of Directors, Russian Special Presidential Representative for Cooperation with the Gas Exporting Countries Forum, Moham
Adira Energy Ltd. announces that it is suspending operations on the Gabriella License, offshore Israel. The company explained that “due to lack of funding and lack of reasonable expectation of funding by certain parties sufficient to pursue the current work program; lack of agreement among the licen
An Iranian energy official underlined ineffectiveness of the western sanctions and pressures on Iran’s scientific and technological growth, and said that most of the industrial parts needed for the country’s South Pars projects have been developed domestically. “We are witnessing the indigenization
Lebanon has, for the first time, opened its potential offshore oil and gas reserves to foreign investors. In the following video Dr Carole Nakhle, talks to World Review about why Lebanon has chosen now to take this action. Dr Nakhle is an energy economist, based in London, UK, specialising in intern