1.Four Crew Members Kidnapped Off Nigeria Four crew members have been kidnapped off Nigeria’s coast from an Italian platform supply vessel. Armed pirates have attecked the vessel MV Asso Ventuno, operated by Naples-based Augusta Offshore, on Sunday evening about 40 miles (65 km) off the coast of Nig
The State Oil Company of the Azerbaijan Republic (SOCAR) has announced that the well #2287 on offshore Oil Rocks field has been recently commissioned. The well was drilled from the platform #1887. The daily output of the well drilled to Fasila Suite makes 15 tonnes of oil. Oil Rocks OGPD is the oper
Adira Energy Ltd. announced that further to its press release dated June 23, 2012, Modi’in Energy L.P (“Modi’in”) signed an addendum to the detailed drilling contract (the “Addendum”) it has with Noble International Limited (“Noble Drilling”) in respect of the Company’s Gabriella licence (“Gabriella
Qatargas announced the signing of a long-term LNG sales and purchase agreement between Qatargas 3 and PTT of Thailand. Under the terms of the deal Qatargas 3 will deliver two million tonnes per annum (MTA) of LNG for a period of 20 years beginning from 2015. The agreement marks PTT’s first long-term
Qatar Petroleum (QP) and the World Bank-led Global Gas Flaring Reduction (GGFR) partnership agreed to extend their cooperation in reducing the flaring of gas associated with oil and gas production as a concrete contribution to improving energy efficiency and mitigating climate change. High-level rep
TWMA, the leader in integrated drilling services and environmental solutions, announces a significant contract win for Zakum Development Company’s (ZADCO) flagship UZ 750 Project at Abu Dhabi’s Upper Zakum field, the fourth largest oilfield in the world. Commencing in December 2012, the contract, wo
Ciena® Corporation, the network specialist, announced that Reliance Globalcom, the leading global provider of managed network and communication services for multinational enterprises and carriers, has selected Ciena’s market-leading WaveLogic™ coherent optical 100G networking solutions to upgrade it
Citadel Capital SAE, the private equity firm in the Middle East and Africa, said it has today signed a project development and shareholders’ agreement pursuant to which a group of Qatari investors, arranged by QInvest, and Citadel Capital will form a joint venture to construct and own the facilities
LS Cable & System (Chairman & CEO Christopher Koo) announced that the Letter of Award (LOA) has been received for the contract of submarine power cable project worth over $440 million (about KRW50 million) ordered by Qatar Petroleum. This project is to install two 100km-long circuits i.e. 200km of 1
Veripos, world leaders for provision of high-precision GNSS positioning solutions to the offshore oil and gas industry, has been awarded a two-year extension to its present contract with seismic survey specialists SeaBird Exploration FZ-LLC of Dubai, a division of the Norwegian SeaBird Exploration G
His Excellency Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry of the State of Qatar, Chairman and Managing Director of Qatar Petroleum, and Yves-Louis Darricarrère, Total’s President, Upstream, signed a Heads of Agreement on Al Khalij field, offshore Qatar, for a further 25 years. L
Dolphin Energy announced the award of the engineering, procurement and construction (EPC) contract for its upgrade project at its gas processing plant in Ras Laffan, Qatar to Larsen & Toubro of India. The value of the EPC contract is worth $250m. Larsen & Toubro’s scope will include the detailed eng
Levingston Middle East, FZE, Sharjah, United Arab Emirates, and Gulf Piping Company of Abu Dhabi, United Arab Emirates, announced today that they have signed a contract to build a Levingston 320EX liftboat with construction to start immediately. The Levingston 320EX Self-elevating, MOU (Mobile Offsh
Dragon Oil plc, an international oil and gas exploration, development and production company, today publishes the results of successful completion and initial testing for the Dzheitune (Lam) A/176 development well. The Dzheitune (Lam) A/176 well was completed as a single producer to a depth of 1,786