Delek Group's gas subsidiaries announced that the Petroleum Commissioner of the Ministry of Energy and Water Resources announced to the partners in Rachel/349 and Amit/350 licenses its decision with regards to extending the validity of these licenses until 20 March 2014…
Abu Dhabi Marine Operating Company (ADMA-OPCO) has selected Technip for project management consultancy services on the Zakum field, offshore Abu Dhabi The contract will cover the engineering, procurement, and construction (EPC) phases of the Zakum Oil Lines Replacement Project-Phase 1 (ZKOL)…
The past few weeks have seen a string of profit warnings and capital spending cutbacks from global oil and gas exploration majors. Should oilfield service companies be worried that the good times are coming to an end? According to bank and investment company Investec…
Norway-based offshore marine and engineering consultancy Aqualis Offshore has opened a new office in Bahrain. Aqualis already has offices in Dubai, UAE (regional headquarters), and Dammam, Saudi Arabia, in the Middle East. “The primary…
Elaine Maslin takes a look and describes how EOR is fast becoming a priority in the Middle East, not least the UAE. The TriGen gas generator system, side view Changes are coming to the United Arab Emirates (UAE)…
Noble Energy, Inc. announced the signing of a non-binding memorandum of understanding (MOU) regarding the sale of interest in the Leviathan licenses, offshore Israel, to Woodside Petroleum. Each of the existing Leviathan partners, Noble Energy…
SNC-Lavalin Group Inc., is opening its regional head office for the Middle East and Africa in Abu Dhabi. The opening of the office, an important milestone in SNC-Lavalin's development, coincides with a contract the company recently signed with Ma'aden in Saudi Arabia…
Masirah Oil Ltd. has said hydrocarbons were found in several formations during exploration well drilling in Block 50, offshore Oman. The well was Masirah's second in Block 50, and reached afinal depth of 3000m in the Cambrian formation…
Dubai-based offshore marine firm Stanford Marine has secured a 5-year contract with Total E&P Angola for use of the Stanford Hawk. Total E&P Angola (TEPA) awarded Stanford Marine a 5-year contract, with two, 2-year options, scheduled to start by the beginning of February 2014…
Intermediate spool inserted below the Chrtistmas tree; spool provides a profile for landing the control line hanger and hydraulic penetration to allow control on WCS Safety Valve Weatherford’s Brian Marr…
Tracerco is expanding its reservoir-tracing services in the Middle East with a move to a larger premises in Oman and a new purpose built lab in Abu Dhabi, adding to the existing operational base. The new Oman building sits in an industrial area of Muscat called Al Jufneen…
Technip has won a contract from Dubai Petroleum Establishment (DPE) for engineering, procurement, construction, and installation on the Jalilah B field development project, in 60m water depth, 90km offshore Dubai, United Arab Emirates. Technip’s…
Tehran’s leadership has promised a new, attractive investment model for oil contracts by September, to woo Western business back into Iran. The pledge was made at the World Economic Forum meeting in Davos, Switzerland, yesterday. According to the Financial Times…
The Pakistani government has announced a new petroleum policy, attracting investment of about US$2.02 billion for oil and gas exploration in the country during the last three years. The policy projects incentives including: better gas price…
Middle East-based offshore support vessel company Topaz Energy and Marine has acquired two large and modern anchor handling towage and supply vessels (AHTSV) for about US$100 million. The vessels, the Caspian Challenger and the Caspian Endeavour…