Offshore drilling firm Paragon Offshore has picked up two contract extensions, having reduced day rates. In the Middle East, a contract with ADMA OPCO for the M1162 jackup has been extended from mid-January 2017 to late January 2019 and…
Offshore rig count for March 2016 declined 33.4% when compared to March 2015, and 5% compared to February 2016. Image from Baker Hughes Twitter. According to Baker Hughes, there were a total of 241 vessels operating last month…
Saudi Aramco has extended a contract with Hercules Offshore for the Hercules 266 jackup, for work offshore Saudi Arabia. The contract extension will last until 30 June at a dayrate of US$63,650. The original contract was set to end this month…
Expro is currently collecting real-time data to support production optimization from brownfield wells using a non-intrusive wellhead surveillance technology. John McKay, Expro, explains. ActiveSONAR…
Vallourec, a provider of tubular solutions, has signed a contract with the Abu Dhabi National Oil Co. (ADNOC) to supply oil country tubular goods (OCTG) during the 2016-2018 period to its three operating companies (ADMA-OPCO, ADCO, ZADCO)…
UAE-based global marine solutions provider Marsol International has been awarded two contracts offshore Oman. The first contract involves a single point mooring (SPM) change out, including the removal of the existing aging structures followed by installation of new buoys…
Saudi Aramco has begun producing natural gas at its Hasbah field, offshore Saudi Arabia. Hasah is located 150km northeast of Jubail in the Arabian Gulf. It has seven single-well platforms, and is expected to provide up to 1.3 Bcf/d of natural gas…
The NG-3500X is the latest design in GustoMSC’s series of self-propelled jack-up designs – the NG series. Based on the NG-2500X and NG-1800X designs, the NG-3500X comes in two distinct versions for accommodation, services and well intervention…
Offshore accommodation and workspace specialist HB Rentals was granted an ABS Certification of Design Assessment for its high demand 11ft by 32ft– eight-man sleeper – accommodation module. This achievement now sees this latest generation…
Royal Boskalis Westminster N.V. has been awarded a contract from the National Petroleum Construction Co. of Abu Dhabi, UAE for dredging work related to the installation of an offshore gas pipeline of the Abu Dhabi National Oil Co. as well as to an existing offshore gas pipeline…
Gas production has started from the Zora gas field offshore the United Arab Emirates (UAE), according to operator Dana Gas. The project, using a fixed wellhead platform, started on 14 January, with sales gas produced by 28 February due…
As ExxonMobil decreases its capital spending budget this year by 25%, the supermajor looks to start up 10 new upstream projects between now and 2017 that will see its production capacity increase. Tillerson…
iOG Solutions and eDrilling today announced the formation of a partnership aimed at better serving exploration and production companies operating in the Middle East and India. iOG Solutions and eDrilling has partnered up to provide an…
UK-based subsea power cable and umbilicals manufacturer JDR has been awarded two umbilical contracts by McDermott for two projects in the United Arab Emirates and Qatar. The first project includes three umbilicals with a total combined length of 9km…
ExxonMobil added 1 billion boe of proved oil and gas reserves in 2015 for a total of 24.8 billion boe that was a result of new developments, and a significant discovery offshore Guyana. Image from ExxonMobil…