The Government of AbuDhabi has extended the concession for the Upper Zakum oil field,offshore Abu Dhabi, United Arab Emirates (UAE) to 2041. The extension adds more than 15 years to the previous term. Upper Zakum is being jointly developed by Abu Dhabi National Oil Company (ADNOC)…
Houston-based Enventure set a record for the longest 5.5in. SET solid expandable CHL liner. The liner was installed with zero recordable safety incidents for an operator in the Middle East. The installation was performed in a power-water injector well to repair a corroded 7in…
London-listed oil and gas industry service provider Petrofac has placed the first long-lead orders for its new in-house-designed deepwater derrick lay vessel, to be built at the Shanghai Zhenhua Heavy Industry Co., Ltd (ZPMC) yard in China…
Albwardy Marine Engineering opened the Damen Shipyards Sharjah FZE (DSS) in the Sharjah Hamryah Free Zone on 13 Jan 2014. In a joint venture between the Damen Shipyards Group and Albwardy Marine Engineering, the core activities at DSS will…
Petronas awards integrated contracts Petroliam Nasional Berhad (PETRONAS) has announced a new gas discovery offshore Malaysia and the award of a three-year integrated offshore installation contract. PETRONAS awarded its Pan Malaysia Integrated…
Total has signed an exploration and production-sharing agreement for deepwater Block 41 with Oman’s Ministry of Oil & Gas, the company announced today. The block is off the northern Omani coast, northwest of the capital, Muscat. It spans 23850sq km…
Drydocks World (DDW) has signed an agreement with Drill One Capital to build what it is describing as the largest jackup ever built. The Dubai Expo 2020 NS jackup rig will be the first Gusto MSC CJ 80 design rig to be built. It has been designed to be operated in harsh environments…
Halliburton opened its new Unconventional and Reservoir Productivity Technology Center at King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran Techno-Valley. The new center enables Halliburton to provide research and development…
Rising requirements for rigs in the Middle East is increasing competition for jackup refurbishment and conversion. Elaine Maslin reports. About quarter of the world’s 480-strong jackup drilling rig fleet resides in the Persian Gulf and…
Colloquy: Editor’s Column As we start a new year at OE, we offer projections from companies about projects and markets. This issue features a Global Market Forecast, with analysts from Infield Systems, DouglasWestwood, and Petroleum Geo-Services weighing in about exploration…
Lime Petroleum PLC subsidiary Masirah Oil Limited has halted drilling in exploration well Masirah North North #1 (MNN #1) for safety reasons. MNN #1 was drilled to a depth of approximately 1000m before mud losses in two carbonate sections…
An agreement to discuss lifting sanctions against Iran offers a glimpse of hope that its oil and gas sector could be reopened to international business. Elaine Maslin reports. Talk of fully or partially lifting sanctions against Iran has raised hopes within the region…
Partners in the Shah Deniz gas field consortium in Azerbaijan have decided to go ahead with a stage 2 development of the Caspian Sea field, opening its sources to Europe. This decision triggers plans to expand the South Caucasus Pipeline (SCPX) through Azerbaijan and Georgia…
Total has signed an exploration and production-sharing agreement for deepwater Block 41 with Oman's Ministry of Oil & Gas, the company announced today. The block is off the northern Omani coast, northwest of the capital, Muscat. It spans 23…
Noble Energy has made two deepwater discoveries in the Gulf of Mexico and offshore Israel. The Dantzler exploration well, located 12 miles west of the firm’s Rio Grande development in Mississippi Canyon 782, has encountered over 120 ft of net pay…