Leading oilfield services company Topaz Energy and Marine won two awards out of four nominations at the annual Seatrade Middle East & Indian Subcontinent Awards 2011 held in Dubai recently. Stephen R Thomas, CEO of Topaz Energy and Marine, commented on the awards saying, “The Seatrade Awards are a b
Fluor Corporation announced that its Fluor Offshore Solutions unit was awarded a front-end engineering and design (FEED) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for new offshore facilities located at the Nasr Field approximately 30 kilometers northeast of Umm Shaif Super Complex i
Peritus International Ltd has been retained by SAGE to act as overall project management and pipeline design consultants for the planned Middle East to India Deepwater Pipeline (MEIDP), which will be the first of many in a corridor of pipelines that will form the final leg of a major energy supply r
Gulf Bridge International (GBI), the Middle East’s first carrier neutral regional network, and Xtera Communications, a leading global provider of optical networking solutions, announced the signing of a multi-year, sole source contract. Under the terms of this contract, Xtera Communications will sup
Leighton Holdings Limited today announced that its subsidiary Leighton Offshore had been awarded a major contract by Iraq’s South Oil Company. The US$518 million contract forms part of the Crude Oil Export Facility Reconstruction Project (the “Sea Line Project”), which is financed and supported thro
Leighton Offshore today announced the award of an additional Single Point Mooring (SPM) contract by Iraq’s South Oil Company (SOC). The SPM contract worth US $79.85m is in addition to the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) scope currently underway. The work will be undert
NOC (National Oil Corporation) Libya and Eni through Greenstream BV Libyan Branch, the gas transportation Joint Venture Company (NOC 50%, Eni 50%), have initiated today testing activities for the release of natural gas into the Greenstream pipeline, which connects the treatment plant of Mellitah on
McDermott International, Inc. announced that one of its subsidiaries has signed a partnership agreement with Eng. Khalid S. Al Shoaibi, of the Shoaibi Group, to form McDermott Arabia Engineering, a company specializing in engineering and consulting services to the offshore oil and gas industry in Sa
All the phases of the South Pars gas field will come on line by October 2015, managing director of the Pars Oil and Gas Company (POGC), Mousa Souri said here. He went on to say that according to a plan drawn up by the company, every six months one of the phases of the […]
The Board of Directors of Polarcus Limited announces that it has resolved to issue 57,500,000 new shares through a private placement to Sabaro Investments Limited. The new shares were subscribed for at a price of NOK 4.00 per share. Total gross proceeds from the Private Placement will amount to NOK
An Iranian research vessel has started exploration of the Caspian Sea’s southern shelf, national media reported on Monday… (rian) [mappress] Source: Rian, October 11 , 2011;
The Saudi coast of the Red Sea covers more than 11° latitudes featuring decreasing nutrients, decreasing mean annual SST and increasing salinity from S to N making it an ideal setting to investigate naturally varying water parameters on coral reefs. During a 4 week land-based expedition (16.Septembe
The European Union has invited Kazakhstan to join the Trans-Caspian pipeline project designed to transport gas from central Asia to Europe… (euronews) [mappress] Source: euronews, October 06 , 2011;
Polarcus Limited announces that the Company has signed the loan documentation for a bank loan facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The loan docu
