Offshore Middle East News - page 78


BHI international rig count for September 2014

Oct 07, 2014

Baker Hughes Inc. issued the September 2014 international rotary drilling rig count today, showing a total of 1323 rigs operating internationally in September 2014, outside of the US & Canada. The worldwide rig count for September 2014 was 3659…

Upstream prospects stay bright for West Africa

Oct 03, 2014

N. Foster Mellen analyzes West African transactional activity and drilling rig data, which indicates a promising future for the region. Continuing strong upstream transaction activity in West Africa bodes well for the oil and gas industry…

Dana Gas plans Egyptian drilling, wins two Nile Delta blocks

Oct 01, 2014

Dana Gas Egypt signed a gas production enhancement agreement (GPEA) with the Egyptian Natural Gas Holding Co. (EGAS) and the Egyptian General Petroleum Co. (EGPC). According to the agreement, announced 30 September, Dana Gas will begin a 7-year program in the next few months…

GMS wins first contract for enhanced small-class

Sep 30, 2014

Advanced self-propelled self-elevating support vessel firm Gulf Marine Services has won the first contract award for its new enhanced Small Class vessel (the Pepper).    The vessel, which is currently being built by a third party, is…

BP, Nalco Champion begin 10-year global framework agreement

Sep 25, 2014

Nalco Champion and BP plc representatives recently participated in a contract signing event to officially commemorate a new chemical managed services global framework agreement (GFA) between the two companies. The 10-year GFA was awarded to Nalco Champion at the beginning of Q2 2014…

GMS launches first of six new jackups

Sep 23, 2014

Self-propelled self-elevating support vessels (SESV) firm Gulf Marine Services' newbuild GMS Enterprise is starting its first charter after it was completed ahead of schedule and under budget. Its first charter is a four-month contract for an engineering…

Mermaid gets US$45M Middle East contracts

Sep 18, 2014

Thailand’s Mermaid Maritime Public Co. has been awarded two saturation diving services contracts valued at US$40 to $45 million in the Middle East Mermaid is using the DP3 multipurpose vessel Bourbon Evolution and will additionally deploy specialized diving equipment…

Saudi Aramco selects Aqualis for rig moving

Sep 17, 2014

Aqualis Offshore, part of Aqualis, has signed a three-year rig moving services contract with Saudi Aramco for the firm's jackups in the Arabian Gulf.  Aqualis Offshore will support Saudi Aramco with rig moving services and personnel from Aqualis Offshore’s offices in the Middle East region…

Keppel secures jackup contract from GDI

Sep 16, 2014

Keppel FELS, a wholly owned subsidiary of Keppel Offshore and Marine, secured a contract from Qatar-based Gulf Drilling International to build a repeat high-specification KFELS B Class jackup rig worth US$227 million. As part of the contract…

Infield: Deepwater and ultra deepwater overview

Sep 15, 2014

The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…

Flow Research predicts new technology growth

Sep 10, 2014

A new research study from Flow Research, Volume X: The World Market for Flowmeters, 5th Edition finds that the worldwide new-technology flowmeter market totaled US$4 billion in 2013 and is projected to grow substantially to exceed $5.7 billion by 2018…

BHI international rig count for August 2014

Sep 09, 2014

Baker Hughes issued the August 2014 international rotary drilling rig count, showing a total of 1339 rigs operating worldwide in August 2014, outside of the US & Canada. The results show a decrease of 43 from the 1382 counted in July 2014…

Jordan utility company to receive Israeli gas

Sep 03, 2014

Noble Energy has entered into a non-binding letter of intent (LOI) to supply Jordan’s National Electric Power Co. Ltd. (NEPCO) gas from the Leviathan field, located off Israel, the company announced on 3 September 2014. In the US$15 billion deal…

Oman Oil appoints new CEO

Aug 25, 2014

The Board of Directors of Oman Oil Co. (OOC) has announced the appointment of Eng Isam bin Saud al Zadjali as the new Chief Executive Officer. Al Zadjali joins the company with over two decades of experience in the oil & gas sector,…

ONS: Large Middle East presence

Aug 25, 2014

Stavanger’s ONS 2014 will open its doors today, creating a global oil village stretching out across nearly 1km, with large delegations expected from the Middle East and Mexico.  The event covers a larger footprint than in 2012, when the last ONS was held…

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