Mermaid Maritime Public Company Limited (“Mermaid”) announces that its business unit Subtech Qatar Diving and Marine Services LLC (“Subtech”) has been awarded another subsea services contract in Qatar with an existing client, an international upstream oil and gas operator. This contract will be perf
McDermott International, Inc. (“McDermott”) announced today that one of its subsidiaries has been awarded a cable procurement and installation project for Saudi Aramco in the Safaniya, Abu Safah and Marjan fields. The contract, issued under the existing Long Term Agreement, will include the procurem
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has secured contracts in Angola, the Gulf of Mexico and in Azerbaijan, with major oil and gas operator BP. The combined value of the three contracts is anticipated to run to
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has secured contracts in Angola, the Gulf of Mexico and in Azerbaijan, with major oil and gas operator BP. The combined value of the three contracts is anticipated to run to
The South Pars Gas Field in southern Iran has 19 billion barrels of gas condensate reserves and 14.2 trillion cubic meters of in-place gas reserves, a senior Iranian oil official said, stressing that South Pars project is very important for Iran’s oil and gas industries. “The economic potentials of
Adira Energy Ltd. announced that it has received an independent resource report including a best estimate in aggregate of 65.8 million barrels (“MMbbl”) of oil and 65.8 billion cubic feet (“BCF”) of gas in four structures on the Company’s Samuel License located offshore Israel. The Report was prepar
Saipem has been awarded new E&C Offshore contracts worth $1.1 billion in Brazil, Angola and the Caspian Sea. In Brazil, Saipem has signed an EPIC contract with Petrobras for the projects Sapinhoá Norte and Cernambi Sul, within the development of the Pre-Salt Risers in the Santos Basin, approximately
Dolphin Geophysical using its High Capacity 3D vessel, the Polar Duke is acquiring a new, long offset high resolution Multi-Client 3D seismic survey in the Levantine Basin offshore Lebanon. This project is in cooperation with Spectrum who has an exclusive contract with the Ministry of Energy and Wat
Qatargas signed a new long term Liquefied Natural Gas (LNG) Sales and Purchase Agreement (SPA) with Kansai Electric Power Company Incorporated (KEPCO) of Japan. The agreement was signed yesterday in Doha by His Excellency Dr. Mohammed Bin Saleh Al-Sada, Minister of Energy and Industry and Chairman o
Gas production will start in South Pars gas field phases 17 and 18 this winter, an official said, adding that the gas will then be injected to the national gas grid after treatment at gas processing plants of phases 15 and 16 in Assalouyeh, the onshore installations of the South Pars gas field. Mana
Eurasia Drilling Company Limited, the leading onshore and offshore drilling service provider in the CIS, announces that it has been awarded a multi-year contract extension with PETRONAS Carigali (Turkmenistan) Sdn Bhd for drilling offshore Turkmenistan in the Caspian Sea. Effective from January 9, 2
Royal Boskalis Westminster N.V. (Boskalis) announces that its associated company Smit Lamnalco has been awarded a significant annual contract by Petrofac to support Single Point Mooring operations 20 km off the Al Fao Peninsula for the Iraq Crude Oil Export Expansion Project (ICOEEP). The annual con
GeoGlobal Resources Inc. announced that the Myra-1 well reached a final Total Vertical Depth Subsea (“TVDSS”) of approximately 5,200 metres. Based on logging performed during the drilling, sands were encountered in the Miocene but they appeared to be water saturated and no significant quantities of
DNO International ASA (“DNO International”), the Norwegian oil and gas company, announced today that it has restarted production from the West Bukha field in Block 8, offshore Sultanate of Oman, at an estimated daily rate of 10,000 barrels of oil and 25 million cubic feet of gas following a five mon
