Hydratight, the global joint integrity specialist, has welcomed SeaHarvest in Egypt and Italian Gavazzi.it pipework equipment, to be part of its growing distribution network. Cairo based SeaHarvest is one of the foremost national oil companies serving the upstream oil and gas industry in Egypt & Nor
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy industry, has announced the launch of a new company and associated office and workshop facilities in the Middle East. Hydrasun FZE, based in Dubai, UAE, has been formed to support t
Offshore drilling solutions provider AGR Enhanced Drilling has further secured its position in the Caspian after BP signed a two-year contract extension with the Norwegian company. The extension, which runs from January 1, 2013 and was signed by BP Exploration (Caspian Sea) Ltd, will see Enhanced Dr
TAQA, the international energy company from Abu Dhabi, reported its operational and financial results for the first half of 2013. The first half of 2013 was characterised by good progress against TAQA’s long term growth projects, while a number of short-term operational issues impacted profitability
Circle Oil Plc, the international oil and gas exploration, development and production company, announces the following update regarding its operations in Tunisia. Circle Oil Tunisia Limited ( “Circle Tunisia”), a wholly owned subsidiary of the Company, has reached agreement with Tethys Oil and Minin
Polarcus Limited (“Polarcus” or the “Company”) announces that the Company has entered into a three year agreement with ION Geophysical Corporation (“ION”) to jointly develop, execute, and market 3D marine multi-client projects to E&P companies worldwide. The agreement combines Polarcus’ proven exper
Royal Navy survey ship HMS Echo, in a remarkable ten-day search for hidden dangers to mariners, found one of nearly 20 wrecks and objects peppering the seabed off Libya lying some 160ft beneath the surface of the Mediterranean. The Devonport-based ship was the first Royal Navy vessel into Libya afte
Polarcus Limited (“Polarcus” or the “Company”) announces the release of its second quarter 2013 financial statements. Highlights in the second quarter 2013: – Revenues of USD 130.5 million, up 14% from Q2 2012 – EBITDA of USD 51.1 million, up 19% from Q2 2012 – EBIT of USD 26.7 million, up 22% from
HMAS Newcastle’s Ship’s Dive Team has earned a ‘Bravo Zulu’ from the Commander Joint Task Force 633 (CJTF633) while in the Middle East Area of Operations (MEAO), for conducting a complex underwater evolution to remove an obstruction from the Ship’s main propeller shaft. At sunset on 8 July, Newcastl
Occidental Petroleum Corporation announced that its wholly owned subsidiary Occidental Petroleum of Qatar Ltd. (Oxy Qatar) and Qatar Petroleum have agreed on the Phase 5 Field Development Plan (FDP) of the Idd El Shargi North Dome Field (ISND), offshore Qatar. The ISND Phase 5 FDP has been prepared
TAQA, the global energy company based in Abu Dhabi, has released its first annual sustainable development report. The report outlines TAQA’s approach and performance in 2012 as well as goals for workplace health and safety, staff development, environmental protection, community relations and industr
International energy consultancy Xodus Group has acquired the business of Dubai based Prime Energy as part of a major expansion drive in the Eastern Hemisphere. This is the first acquisition Xodus has made in the Middle East following the launch of its Dubai operations in 2012. Colin Manson, CEO of
CGG announced that ARGAS, its joint venture with TAQA in Saudi Arabia, has signed a cooperation agreement with the King Abdulaziz University (KAU) in Jeddah. The agreement is the culmination of two years of informal cooperation between the ARGAS Technology Center in Al Khobar and KAU’s Faculty of Ea
Seatronics Ltd., an Acteon company, announces the purchase of more than $1.5 million of advanced sonar imaging systems and associated equipment from EdgeTech. The purchase is part of a multi-million dollar investment by Seatronics which will expand the world’s largest marine equipment rental fleet.
