Saudi Aramco awarded KBR, Inc. (NYSE: KBR) a six-year project management contract to provide project management services for Saudi Aramco’s offshore program. Under the terms of the contract, KBR will provide project management and engineering…
Phase 12 of the giant South Pars gas field has been brought online in a ceremony involving Iranian president Hassan Rouhani. Phase 12, described as the biggest phase of the development of the South Pars field, officially launched operation…
Norway's Kvaerner has chosen Dubai-based Drydocks World to fabricate components for Statoil's Norwegian North Sea Johan Sverdrup riser platform jacket. Drydocks World will carry out the fabrication of pile clusters and floatation…
Dubai-based fabrication and engineering firm Lamprell has delivered the jackup drilling rig Greatdrill Chaaru to Greatship Global Energy Services within budget and ahead of schedule. Construction of the rig was undertaken on a fast-track…
Middle East orders are driving growth and filling newly built capacity at Sweden headquartered Atlas Copco’s newly upgraded and expanded UK systems facility. Atlas Copco Compressors’ largest ever UK designed and built custom engineered package…
Houston-based oil, gas and water specialist ProSep has launched an Industry Technology Facilitator (ITF) joint industry project (JIP) with Qatar Petroleum and Petroleum Development Oman. The 12-month project, which started in December 2014…
Saudi Aramco says it has set a new record for heavy lift operations in its Arabiyah-Hasbah gas fields project about 150km offshore Saudi Arabia. The heavy lift barge Lan Jing completed the installation of the Hasbah tie-in platform (TP) using its 7500-ton crane…
Boskalis announced that the Dockwise vessel White Marlin was named and christened during a festive ceremony in Guangzhou, China. Following the ceremony, the semisubmersible heavy transport vessel will be mobilized to Singapore for its maiden…
AGR has secured a contract with LUKOIL Overseas to optimize the Russian firm's drilling performance. The contract covers LUKOIL’s drilling operations in several territories internationally, including Middle East, Black Sea, Africa and Central Asia…
Rod Starr joins Polarcus as its next chief executive officer (CEO) effective 5 February. Starr has more than 30 years industry experience, starting his career with Unocal where he spent 16 years in various planning and financial roles…
First oil from the Nasr oil field, 130km offshore Abu Dhabi, started 24 January, according to partner, Japan's INPEX. First production has been achieved through existing facilities - the Abu Al Bukoosh (ABK) and Umm Shaif oil fields…
Orderbooks reflect reined-in spending based on conservative near-term oil price estimates. ABS’ James Graf sets out the detail. MODU new construction projects through 4Q/14. Source: ABS. Weak demand…
Kuwait Petroleum Corp.'s (KPC) CEO today said the company would be increasing output, a move he says will put pressure on deepwater projects as well as the likes of onshore oil sands and expensive unconventional projects. Nizar Al-Adsani said the market…
The Middle East well intervention market is expected to reach US$2.4 billion by 2018, up from $1.37 billion in 2013, with a CAGR of 11.9%, according to a Research and Markets report. The Middle East, with 80.3 trillion cu/m, is home to 43…
Dubai-based Gulf Marine Services has won a new long-term contract award for one of its Large Class vessels. The vessel will start a four-year charter (three years firm with a one-year option) at the end of Q1 2015 on completion of…