Offshore Middle East News - page 78

Delek extends licenses

Feb 13, 2014

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…

Technip gets Zakum field work

Feb 13, 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)…

Oilfield spending conundrum

Feb 12, 2014

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…

Aqualis opens Bahrain office

Feb 12, 2014

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…

A CO2 EOR solution

Feb 07, 2014

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 releases Leviathan

Feb 06, 2014

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 opens Abu Dhabi office

Feb 05, 2014

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…

Oman hydrocarbon find

Feb 04, 2014

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…

Stanford, Total sign Angola contract

Feb 03, 2014

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…

Workover-free option restores safety value functionality

Feb 01, 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 opens Muscat facility

Jan 30, 2014

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…

Middle East job for Technip

Jan 28, 2014

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…

Iran woos western oil co's

Jan 24, 2014

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…

Pakistan sweetens terms to increase exploration

Jan 22, 2014

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…

Topaz buys AHTSVs

Jan 22, 2014

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…

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