Offshore Middle East News - page 8

 

Lebanon Pushes Deadline for Offshore Oil and Gas Licensing Round

Jul 01, 2024

Lebanon's energy ministry has extended a deadline for companies to bid for exploration rights for offshore oil and gas fields in its third licensing round until March next year, the Lebanese Petroleum Administration said on Monday.The government originally set a deadline of July 3…

Longitude to Assess Condition of Warda Platform Offshore Egypt

Jun 27, 2024

Engineering consultancy Longitude Engineering, a branch of Oslo-listed ABL Group, has been appointed by Egypt’s PETROSAFE to deliver a Fitness for Future Service assessment on the Warda platform offshore Egypt.The Warda platform is a four-leg…

Gazprom Signs Memo with Iran on Russian Gas Supplies

Jun 26, 2024

Russian energy giant Gazprom has signed a memorandum with the National Iranian Gas Company (NIGC) to supply Russian pipeline gas to Iran, it said on Wednesday.No details from the memorandum, which was signed during a visit by Gazprom's head…

Seadrill Completes Jack-ups Sale in Qatar

Jun 25, 2024

Offshore drilling contractor Seadrill on Tuesday announced it has completed the sale of its three rig jack-up fleet in Qatar.The previously disclosed sale sees the company divest the West Castor, West Telesto and West Tucana, as well as its…

Masirah Oil Wraps Up Multi-Well Campaign at Field Offshore Oman

Jun 24, 2024

Masirah Oil, a majority-owned subsidiary of Rex International, has completed the multi-well campaign at Yumna field offshore Oman.Masirah Oil said the multi-well program at the field in Block 50 concession has been completed ahead of the 90-day schedule and below budget…

Vallourec Agrees Contract Extension and New Order with ADNOC

Jun 20, 2024

France-based tubular solutions supplier Vallourec has signed a two-year contract extension with Abu Dhabi National Oil Company (ADNOC), securing also a new major order for the supply of 27,000 tonnes of tubes.The two-year extension is related to the 2019 contract originally worth $900 million…

Aramco and NextDecade Shake Hands LNG Offtake from Rio Grande LNG Facility

Jun 13, 2024

Aramco, one of the world’s leading integrated energy and chemicals companies, and NextDecade Corporation have executed a non-binding Heads of Agreement (HoA) for a 20-year liquefied natural gas sale and purchase agreement (LNG SPA) for offtake…

PTTEP Buys Wintershall Dea's Share in Abu Dhabi’s Ghasha Concession

Jun 13, 2024

German oil and gas company Wintershall Dea has sold its 10% interest in Abu Dhabi's Ghasha Concession to Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) as part of its exit strategy from the United Arab Emirates, ahead of announced business combination with Harbour Energy…

Vantage Drilling Ponders Listing on Oslo’s Euronext Growth

Jun 10, 2024

Offshore drilling contractor Vantage Drilling is exploring a possible listing of its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext.According to Dubai-based company, the listing may facilitate increased…

Wood Completes Preliminary Engineering for Aramco’s Giant CCS Hub in Saudi Arabia

Jun 10, 2024

Wood has completed the front-end engineering and design (FEED) scope for the first phase of Aramco’s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, expected to be the world’s largest carbon capture and sequestration (CCS) hub…

Aramco Acquires 40% stake in Gas & Oil Pakistan

May 31, 2024

Saudi Arabian state-owned oil and gas giant Aramco has competed the acquisition of a 40% equity stake in Gas & Oil Pakistan (GO).GO is a diversified downstream fuels, lubricants and retail store operator in Pakistan with a network of more than 1…

Salunda to Install Crew Hawk Monitoring Solution on Jack-Up in Middle East

May 29, 2024

Salunda, a provider of digitised solutions for safety critical industries, has secured a multi-year contract to install its ‘Crew Hawk’ Red Zone monitoring solution on a jack-up rig in the Middle East.The award marks the company’s first installation…

COOEC Hires ABL for Safaniya Oil Field Jacket Installation

May 28, 2024

ABL, part of Oslo-listed ABL Group, has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to provide marine warranty survey (MWS) services for the build-out of the CRPO 122 project at the Safaniya oil field in Saudi Arabia…

ARO Drilling Welcomes New Jack-Up Rig Named ‘Kingdom 2’

May 22, 2024

Offshore drilling contractor ARO Drilling, a joint venture between Aramco and Valaris, has taken delivery and held a naming ceremony for its second jack-up newbuild, the Kingdom 2.The Kingdom 2 jack-up rig was built for ARO Drilling by International Maritime Industries (IMI)…

Seadrill to Sell its Qatar Jack-up Fleet

May 16, 2024

Offshore drilling contractor Seadrill on Thursday announced it has reached a deal to sell its three-rig fleet of jack-ups in Qatar.The definitive agreement will see Seadrill sell the rigs West Castor, West Telesto and West Tucana, as well as…

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