Masirah Oil Ltd. has said hydrocarbons were found in several formations during exploration well drilling in Block 50, offshore Oman. The well was Masirah's second in Block 50, and reached afinal depth of 3000m in the Cambrian formation…
Dubai-based offshore marine firm Stanford Marine has secured a 5-year contract with Total E&P Angola for use of the Stanford Hawk. Total E&P Angola (TEPA) awarded Stanford Marine a 5-year contract, with two, 2-year options, scheduled to start by the beginning of February 2014…
Intermediate spool inserted below the Chrtistmas tree; spool provides a profile for landing the control line hanger and hydraulic penetration to allow control on WCS Safety Valve Weatherford’s Brian Marr…
Tracerco is expanding its reservoir-tracing services in the Middle East with a move to a larger premises in Oman and a new purpose built lab in Abu Dhabi, adding to the existing operational base. The new Oman building sits in an industrial area of Muscat called Al Jufneen…
Technip has won a contract from Dubai Petroleum Establishment (DPE) for engineering, procurement, construction, and installation on the Jalilah B field development project, in 60m water depth, 90km offshore Dubai, United Arab Emirates. Technip’s…
Tehran’s leadership has promised a new, attractive investment model for oil contracts by September, to woo Western business back into Iran. The pledge was made at the World Economic Forum meeting in Davos, Switzerland, yesterday. According to the Financial Times…
The Pakistani government has announced a new petroleum policy, attracting investment of about US$2.02 billion for oil and gas exploration in the country during the last three years. The policy projects incentives including: better gas price…
Middle East-based offshore support vessel company Topaz Energy and Marine has acquired two large and modern anchor handling towage and supply vessels (AHTSV) for about US$100 million. The vessels, the Caspian Challenger and the Caspian Endeavour…
The Government of AbuDhabi has extended the concession for the Upper Zakum oil field,offshore Abu Dhabi, United Arab Emirates (UAE) to 2041. The extension adds more than 15 years to the previous term. Upper Zakum is being jointly developed by Abu Dhabi National Oil Company (ADNOC)…
Houston-based Enventure set a record for the longest 5.5in. SET solid expandable CHL liner. The liner was installed with zero recordable safety incidents for an operator in the Middle East. The installation was performed in a power-water injector well to repair a corroded 7in…
London-listed oil and gas industry service provider Petrofac has placed the first long-lead orders for its new in-house-designed deepwater derrick lay vessel, to be built at the Shanghai Zhenhua Heavy Industry Co., Ltd (ZPMC) yard in China…
Albwardy Marine Engineering opened the Damen Shipyards Sharjah FZE (DSS) in the Sharjah Hamryah Free Zone on 13 Jan 2014. In a joint venture between the Damen Shipyards Group and Albwardy Marine Engineering, the core activities at DSS will…
Petronas awards integrated contracts Petroliam Nasional Berhad (PETRONAS) has announced a new gas discovery offshore Malaysia and the award of a three-year integrated offshore installation contract. PETRONAS awarded its Pan Malaysia Integrated…
Total has signed an exploration and production-sharing agreement for deepwater Block 41 with Oman’s Ministry of Oil & Gas, the company announced today. The block is off the northern Omani coast, northwest of the capital, Muscat. It spans 23850sq km…
Drydocks World (DDW) has signed an agreement with Drill One Capital to build what it is describing as the largest jackup ever built. The Dubai Expo 2020 NS jackup rig will be the first Gusto MSC CJ 80 design rig to be built. It has been designed to be operated in harsh environments…
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