Baker Hughes issued the July 2014 international rotary drilling rig count last week, showing a total of 1382 rigs operating outside the US & Canada. International activity in July was up 38 rigs from the 1344 rigs drilling in June 2014…
Oman's Ministry of Oil & Gas (MOG) has announced an oil and exploration bid round which includes two blocks offshore. The two offshore blocks 18, 59 are being opened to bidders alongside onshore blocks 43A, 54, 58. Block 18 is in…
Shore-side command centers are the hub for offshore communications and rescue coordination efforts. Images from McMurdo Group. McMurdo Group’s Remi Julien discusses how different…
A Cyberhawk ROAV in flight. Photos from Cyberhawk. Chris Fleming explains how using remotely operated aerial vehicles for inspections are reducing plant shutdowns at oil and gas production facilities in the UK and around the world…
Sander Vergroesen, IRO’s managing director Dutch offshore suppliers are innovating to keep ahead, providing solutions in ever deeper and colder waters globally. IRO’s Sander Vergroesen spoke to Elaine Maslin…
Petrofac secured a contract worth approximately US$8.4 million with the BP-operated Shah Deniz 2 project to provide their maintenance build capabilities. The contract covers new onshore, offshore and pipeline assets in the Azerbaijan sector of the Caspian Sea…
Business is good in the oilfield, and as increased production and steady commodity prices contribute an influx of cash, operators are reinvesting in themselves, expanding their share buyback programs. Management usually says that…
Baker Hughes issued the June 2014 international rotary drilling rig count this week, showing a total of 1344 rigs operating outside the US & Canada in June. International activity was down 6 rigs from the 1350 rigs drilling in May 2014…
Hyundai Heavy Industries (HHI) has received a letter of award (LOA) from Abu Ahabi Marine Operating Compnay for a US$1.94 billion order for the second package of the Nasr Full Field Development Project. Under the LOA, HHI would undertake engineering…
Drydocks World announced the completion of a major refurbishment carried out on National Drilling Company’s (NDC) offshore drilling rig Al Ghallan. The project is part of a series of four rig repair and refurbishment projects signed with NDC in 2013…
Stanford Marine announced that its news anchor handling tug, the Stanford Mustang, has been delivered. The Stanford Mustang, a 50m DP2 tug, was specially designed to handle a specific charter in Qatar and was built at Fujian Mawei shipyard in Fuzhou…
The Leviathan field consortium has signed a preliminary deal with BG Group to export up to 3.75Tcf of natural gas over a 15-year period to the UK major’s LNG plant in Idku, Egpyt, operator Noble Energy announced. Under the terms of the non-binding letter of intent (LOI)…
Dubai based oil and gas engineering and fabrication firm Lamprell has been contracted by Petrofac Emirates to fabricate 29 modules for the Upper Zakum artificial island field development being developed by the Zakum Development Company, part of Abu Dhabi Oil Company (ADNOC)…
With attractive exploratory potential, the Levant basin off Lebanon, presents an opportunity for international oil companies (IOC) to position themselves in the promising eastern Mediterranean region, an analyst with research and consulting firm GlobalData says…
Cyprus-based Energean E&P Holdings Ltd. has farmed-in and taken over as operator of the Sara and Myra license blocks about 25 mi. off the coast of Israel. [shaded blue in map at right] Six of the seven partners agreed to the farm-in, including Modiin Energy Limited Partnership…