Rig operator Ensco plc has ordered two new jackup drilling rigs from Dubai-based Lamprell, and has options for two additional units, exercisable within six months from the effective date of the contract. The inititial contract is for two high-specification…
Dubai’s Drydocks World is to build two new Gusto MSC CJ54-X135-A-design jackup rigs for Malta Oil & Gas./p> The triangular-shaped hull units (pictured) will be 76 x 76m with 180.6m-long, open-truss legs with rack and pinion type elevating systems and leg-to-hull fixation systems…
Abu Dhabi’s national oil company, ADNOC, has ordered two 45m-long, high-speed, catamarans to be used to service its offshore oil and gas facilities. The contract to design and build the vessels was awarded to Australia's Austal Limited…
Middle East rig builder Lamprell has moved into the black, posting a profit. But, the firm warned that recent new order intake means 2014 and 2015 revenues could be lower than expected. The Dubai-based firm, which initiated a strategic review and appointed a new CEO and CFO last year…
McDermott International Inc. recently mobilized its dive support vessel (DSV) Thebaud Sea for an emergency pipeline repair offshore the United Arab Emirates. This is the third time in recent months that the DSV has been fast tracked to an emergency response…
Chevron’s leadership set out the oil major’s plans out to 2020 this week, including eying exploration opportunities offshore Greenland, to maintain its reserves hopper. Chevron is planning 20% production growth, from 2.6MMboe/d in 2013…
The oil and gas industry is experiencing an increasing demand for advanced technology and expertise in the Middle East at a time when the sector as a whole is changing its approach to acquiring, transferring, and protecting its intellectual capital…
McDermott International, Inc. announced that one of its subsidiaries was awarded a contract to provide the electrical power supply system for Saudi Aramco in the Abu Ali and Khursaniyah fields in the Arabian Gulf. This contract is included in McDermott’s 4Q 2013 backlog…
Iran, India and Oman are preparing to begin official negotiations for delivery of the Iranian natural gas to the Indian market through a deepwater pipeline. Iranian Foreign Minister Mohammad Javad Zarif, Indian Foreign Minister Salman Khurshid…
Intertek Group has acquired International Inspection Services Ltd (INSPEC), a UAE-based provider of non-destructive testing (NDT) and associated services to the oil and gas industry. Intertek bought INSPEC from Lamprell Energy, a subsidiary of rig builder Lamprell…
The Middle East has long been associated with “easy oil” and “low tech, low cost” production models. But the volume, scale and complexity of energy projects across the region are creating increasing demand for advanced technology and expertise…
After six years at TAQA, Carl Sheldon has decided to step down as CEO and member of the board of directors, effective at the annual general meeting in April. Sheldon will remain as chairman of Jorf Lasfar Energy Company (JLEC), TAQA's newly-listed Moroccan power business…
ALS Oil & Gas, the new international oilfield services company, formed through the acquisition of Reservoir Group by ALS Ltd. in 2013, has acquired the North American completions services provider, BMP Enterprises LLC (BMP). The acquisition…
Dubai-based rig builder Lamprell has completed construction on the jackup drilling rig Qarnin (pictured) and its delivery to Abu Dhabi’s National Drilling Company (NDC). The on time and on budget completion was marked at a ceremony held at Lamprell’s Hamriyah facility in the UAE February 13…
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…