Offshore Middle East News - page 5


Gulf Marine Services Nets New Contract for Jack-Up Vessel

Dec 03, 2024

Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has secured a new contract for one its small-class vessels.The contract spans a total of 18 months, including optional extensions, in the Gulf Cooperation Council (GCC) region…

Energean Pushing for More Oil and Gas Exploration Licenses Off Israel

Nov 29, 2024

The CEO of Israel-focused gas producer Energean on Thursday urged Israel to issue new offshore oil and gas exploration licences to meet rising demand in the region.Speaking to Reuters, Mathios Rigas also called on governments to develop new export routes from Israel to neighbouring Egypt and Cyprus…

Saudi Aramco Suspends Another Shelf Drilling Jack-Up

Nov 22, 2024

Offshore drilling contractor Shelf Drilling has received a notice of suspension for its High Island II jack-up rig from Saudi Aramco, following the similar notice it received from the same operator for High Island IV in the last month.The start…

Shelf Drilling’s Jack-Up Gets Suspension Notice for Ops in Saudi Arabia

Nov 20, 2024

Offshore drilling contractor Shelf Drilling has received a notice of suspension for its High Island IV jack-up rig from Saudi Aramco.The suspension is for up to one year, according to Shelf Drilling, which added it has the right to market the rig during the suspension…

Saudi Aramco Suspends Another Borr Drilling’s Jack-Up

Nov 20, 2024

Offshore drilling contractor Borr Drilling has received a notice of temporary suspension for its jack-up rig Arabia II, currently under contract with Saudi Aramco.The temporary suspension will be for a period of up to 12 months, Borr Drilling said…

CRC Evans Secures Work at Qatar’s Largest Offshore Oil Field

Nov 12, 2024

CRC Evans, a company offering welding and coating services to the energy sector, has signed a contract with Offshore Oil Engineering (COOEC) to deliver critical welding services for the Ruya Batch 1 Project (EPCI09), part of the expansion of the Al-Shaheen field…

Türkiye Offshore Wind Roadmap Outlines Up to 7GW Potential by 2040

Nov 08, 2024

World Bank Group, in collaboration with the Republic of Türkiye’s Ministry of Energy and Natural Resources, has launched a new roadmap today which outlines the opportunities and challenges to deliver viable offshore wind projects in Türkiye…

Saudi Aramco’s Quarterly Profit Goes 15% Down

Nov 05, 2024

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining margins, but maintained its generous dividend at $31.1 billion for the quarter.Aramco posted net income of $27.6 billion in the three months to Sept…

Enersol to Acquire Deep Well Services in $223M Deal

Nov 04, 2024

Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi Holdings, has signed an agreement to acquire a U.S.-based oilfield services company Deep Well Services (DWS) for approximately $223 million, including performance-based payments…

Vantage Drilling Concludes Sale of Two Jack-Ups to ADES

Oct 31, 2024

Offshore drilling contractor Vantage Drilling has completed the sale of two premium jack-up rigs to ADES Holding Company, contracted for work in Southeast Asia.The sale includes the Topaz Driller jack-up rig, operating in the Malaysia-Thailand joint development area…

TAQA Unveils Inflow Control System for Optimized Reservoir Performance

Oct 21, 2024

Saudi Arabia-based oilfield services company TAQA has launched its next-generation inflow control system, enabling operators to optimize reservoir performance while sustainably managing fluid production.The M4 Inflow Control System dictates…

Subsea7 Introduces New Barge Docking Method at Saudi Aramco’s Oil and Gas Project

Oct 18, 2024

Offshore services firm Subsea7 has completed all floatover installation operations using an innovative installation method on Saudi Aramco’s oil and gas project offshore Saudi Arabia.Subsea7 used only tugs and soft mooring lines connected to…

Iran Intensifies Oil Spill Control Efforts Off Kharg Island

Oct 16, 2024

Iranian authorities are working to control an oil spill four miles (6.4 kilometres) off Iran's Kharg Island, the country's IRNA news agency reported on Wednesday.The leak from oil pipelines was reported on Sunday and the required actions have been taken…

Shelf Drilling Scoops $234M in West Africa Drilling Contracts

Oct 10, 2024

Offshore drilling firm Shelf Drilling has secured $234 million in contracts and extensions for two of its jack-up drilling rigs - Shelf Drilling Achiever and Adriatic I - for work offshore West Africa.The company has now fully executed a three…

Expansion Works at Leviathan Gas Field Off Israel Delayed as War Escalates

Oct 07, 2024

Chevron Mediterranean, a subsidiary of the U.S. oil giant Chevron, has informed that the works on the Leviathan field that would expand its gas production have been postponed due to the escalation of security situation resulting from the Israel-Gaza war…

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