Offshore Middle East News - page 65


Iranian production to reach 4MM b/d

Jun 02, 2014

Iran's oil production will reach 4 million barrels per day (bpd) by the end of the current Persian calendar year in March 2015, a senior Iranian oil official said. Mohsen Qamsari, director for international affairs at the National Iranian Oil Company (NIOC)…

Global Deepwater Review: Strength in numbers

Jun 02, 2014

The Centennial J tanker will be converted by MODEC for Tullow's TEN field. Photo by: Tullow Oil Plc/Joseph Lynch. E&P companies will continue to invest in deepwater exploration and development…

Global Deepwater Review: Driving deeper growth

Jun 01, 2014

As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period…

Saipem wins Caucasus E&C contracts

May 28, 2014

Saipem has been awarded a new engineering and construction contract in the Caucasus region and some new drilling contracts in the Middle East, for a total value of about US$750 million. In the E&C onshore sector, Saipem has been awarded by the Shah Deniz consortium…

Woodside retreats from Leviathan

May 21, 2014

Woodside Energy has axed its plans to purchase a sizeable stake in Israel’s Leviathan gas project, terminating its February memorandum of understanding (MOU) with the joint venture participants, the Australian company announced 20 May. This…

Unique agrees Mid-East JV

May 07, 2014

Subsea and offshore solutions provider Unique Maritime Group has made a move into offshore containers by agreeing to form a joint venture with OEG Offshore (OEG), to offer the rental and sale of offshore equipment in the Middle East.      The new joint venture company…

Drydocks completes NDC jackup

Apr 30, 2014

Drydocks World has completed a major repair and refurbishment of National Drilling Company’s (NDC) jackup drilling rig Al Ittihad. The company has carried out maintenance work on several of NDC’s rigs and the numbers have increased over the years…

Ensco jackup sale part of trend

Apr 24, 2014

Ensco plc sold its ENSCO 85 jackup rig for $64 million, the company announced on 24 April 2014. The sale is part of trend among jackup rig providers including Transocean, Maersk Drilling, Noble, and Seadrill to modinize their fleets (See 'Jackups on the rise' in OE May 2014)…

EOR market to pass US$500B by 2023

Apr 24, 2014

Transparency Market Research has released a new market report titled 'Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2023,' that defines and segments the enhanced oil recovery…

Lamprell scores world record

Apr 22, 2014

Dubai-based rig and platform builder Lamprell has set an official Guinness World Record for the heaviest load moved by self-propelled modular trailers (SPMTs) as part of the Golden Eagle platform project (pictured).  Lamprell’s contract was for a production…

Ensco orders two Lamprell jackups

Apr 15, 2014

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…

Double jackup order for Drydocks

Apr 14, 2014

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…

ADNOC to use catamarans offshore

Apr 09, 2014

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…

Lamprell eyeing LNG and FPSOs

Mar 26, 2014

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 conducts pipeline repair in UAE

Mar 17, 2014

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…

Current News

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

MODEC, Toyo to Form Engineering JV for Large-Scale FPSOs

International Breakthrough: Reach Subsea's OCTIO Nets 4D Geophysical Monitoring Work in Australia

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