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Monday, 28 November 2016 03:46

Leviathan partners secure funding

Partners in the Leviathan field offshore Israel have secured US$1.5-1.75 billion funding towards the field development project. Delek Drilling and…
Monday, 21 November 2016 08:16

Total, Socar to develop Azerbaijan find

Total and Socar, the national oil company of Azerbaijan, signed an agreement establishing the contractual and commercial terms for a…
Monday, 21 November 2016 05:30

Saudi Aramco, Rowan create new rig firm

US offshore drilling contractor Rowan Companies and Saudi Aramco have signed a deal to create a new offshore rig outfit.…
Wednesday, 16 November 2016 10:09

IEA: Bumpy road ahead

Oil markets could be in for another bumpy ride, a new report from the International Energy Agency (IEA) says. The…
Wednesday, 09 November 2016 10:38

Saipem inks US$1 billion in work

Saipem has been awarded new contracts with an overall amount of about US$1 billion, with two major deals awarded by…
Wednesday, 09 November 2016 09:55

Coretrax expands ME presence

Coretrax, an engineered servicing company for wellbore clean up and abandonment, has radically expanded its Middle East presence by moving…
Tuesday, 08 November 2016 14:02

Wintershall spuds Shuwaihat off Abu Dhabi

Wintershall has spudded its first offshore well for the Shuwaihat project, off Abu Dhabi.  Image from Wintershall. The Shuwaihat field…
Tuesday, 08 November 2016 09:09

Total, NIOC ink South Pars HoA

French giant Total and the National Iranian Oil Co. (NIOC) have entered into a heads of agreement (HoA) for the…
Monday, 07 November 2016 13:43

Eni to evaluate Bahrain potential

Bahrain authorities have invited Eni to study and assess the potential of some exploration and production assets in the country.…
Friday, 04 November 2016 12:13

Lamprell delivers Ensco jackup

Lamprell delivered the Ensco 141 jackup drilling rig to Ensco Intercontinental GmbH. The contract for the Ensco 141 rig was…
Tuesday, 01 November 2016 14:12

McDermott opens Saudi Arabia office

McDermott International opened a new office in Al Khobar, Saudi Arabia, with the ability to add 300 staff to its…
Wednesday, 19 October 2016 14:08

MacGregor wins 6 AHTS orders

MacGregor has won deck machinery orders for six 64m anchor handling tug supply (AHTS) vessels being built for long-term charter…
Thursday, 13 October 2016 03:55

Saudi Aramco taps NPCC

Saudi Aramco's offshore projects department has awarded a long-term agreement (LTA) to National Petroleum Construction Co. (NPCC) of Abu Dhabi…
Airborne Oil & Gas (AOG) raised US$26 million (€23 million) in a series C investment round from both new and…
Monday, 26 September 2016 08:04

Lamprell wins Haven work

Lamprell has received a new contract from Jacktel, a wholly owned subsidiary of Master Marine, for the upgrade of the…