Check out this video showing offshore workers on Pertamina’s platform in ONWJ block, located Offshore Northwest Java, Indonesia. The workers are dancing on a helicopter deck to the beats of the globally popular Gangnam Style song, originally performed by South Korea’s rapper Park Jae-sang, better kn
Qatar’s Barzan offshore project is expected to be commissioned next year, The Peninsula has reported, quoting a statement made by the Qatari energy minister Mohammed Al-Sada. During the “Offshore Middle East 2013” event held in Doha this week, Al-Sada said:“For the development of offshore gas we are
Throughput levels in the Port of Sohar have surged across all cargo types during 2012. Total cargo volumes handled by the port soared 51% to reach 43,936,193 freight registered tons (FRT) in 2012, from 29,134,240 FRT a year earlier. Vessel traffic jumped 29% to 1,918 calls, against 1,487 vessel move
Pakistani Foreign Minister Hina Rabbani Khar says construction work on Iran-Pakistan gas pipeline is in progress despite sanctions on Iran. Addressing a National Assembly session on Monday, Khar said that Islamabad faced a huge challenge to fund the Iran-Pakistan (IP) gas pipeline, Iran’s SHANA news
Iran has recovered 500 billion cubic meters (bcm) of natural gas over the past 15 years from the giant offshore South Pars Gas Field which it shares with Qatar in the Persian Gulf, Iranian Oil Ministry data show. The official data indicated that Iran is recovering 285 to 300 million cubic meters (mc
Offshore Middle East 2013 conference and exhibition in Doha, Qatar, was officially opened this morning by the Minister of Energy and Industry and Chairman and Managing Director of Qatar Petroleum Mohammed bin Saleh Al-Sada. In his address at the Opening Plenary, Al Sada indicated that offshore spend
Pakistani Minister of Oil and Natural Resources Asim Hussain says Islamabad wants to complete Iran-Pakistan (IP) gas pipeline as soon as possible in order to overcome the power and gas crisis. Describing the project as beneficial for Iran and Pakistan, he said Islamabad started work on the IP projec
Iranian gas processing plants have processed more than 136 billion cubic meters of gas since the beginning of current Iranian calendar year, 20 March 2012, up by 5 percent against similar period last year. Dispatching department manager at National Iranian Gas Company (NIGC), Hasan Montazer Torbati,
The dredging process for a new side channel leading directly to East Port Said commenced on 15 January. The new channel will allow ships coming from the Mediterranean to enter the Suez Canal Container Terminal (SCCT), without hindering the Suez Canal convoys. Ships calling at the SCCT have taken adv
Drewry Maritime Research’s latest Dry Bulk Insight report published in January highlights the changing fortunes of the market. December saw a large drop in the Drewry Hire Index. The dip occurred mainly due to a massive decline in Capesize segment freight rates. A lack of cargo and an oversupply of
Greatship Global Energy Services Pte. Ltd., a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited has taken delivery of a mobile offshore self elevating drilling rig, Le Tourneau Super 116(E) – ‘Greatd
2012 was another record year for upstream M&A activity totalling $232 billion of spend according to Wood Mackenzie’s annual M&A review. The year was dominated by three major transactions in the second half of the year: Rosneft/TNK-BP; CNOOC/Nexen; and Freeport/Plains. Excluding these deals, while it
Qatari liquefied natural gas producer RasGas plans three maintenance shutdowns in 2013, Bloomberg informs. The company’s fourth train will halt in April, while train 3 will be shut in September and unit 7 will undergo repairs in November. The repairs will last about three to four weeks. RasGas overs
Port of Sohar will participate at Oman’s premier environmental friendly exhibition-Gulf Eco Expo 2013 as Silver Sponsor as an affirmation of their support for the aspirations of the government in spreading awareness necessary in the use of the best technologies to preserve the environment. Port of S
