Offshore Middle East News - page 77

 

Plexus enters Oman with Masirah contract

Jan 20, 2016

Wellhead engineering firm Plexus has won a contract with new customer Masirah Oil and its majority owned technology driven oil and gas company REX International for POS-GRIP Tersus Mudline equipment and a 10,000psi adjustable rental exploration wellhead for oil exploration offshore Oman…

Ramboll to assess ZADCO subsea pipelines

Jan 19, 2016

The international engineering and design consultancy Ramboll Oil & Gas has been awarded an important contract by Zakum Development Co. (ZADCO), Abu Dhabi, which entails an integrity study of 15 subsea pipelines. The project will enable…

EIA: Iran production to increase

Jan 19, 2016

Implementation day for the Joint Comprehensive Plan of Action (JCPOA), an agreement among Iran, the P5+1 (the five permanent members of the United Nations Security Council and Germany), and the European Union (EU), occurred on 16 January…

New multi-Bcf Israeli gas touted

Jan 19, 2016

Two Israeli firms are eying a multi-trillion cubic feet deepwater gas field offshore Israel. According to a resource report by Netherland, Sewell & Associates, the Og field lower sand contains 8.84 Tcf best estimate, unrisked gross prospective…

Low oil prices cast shadow on Middle East’s FPSO market

Jan 19, 2016

The United Arab Emirates (UAE)'s chances for taking on some of the world’s future floating production and storage offloading (FPSO) vessel construction are diminishing as the global market looks set to stall for at least five years, with local demand for floating facilities little better…

Sanctions lifted against Iran

Jan 18, 2016

Over the weekend, the six world powers (P5+1), European Union (EU), and Iran reached an agreement that lifted sanctions on Iran’s oil production that will see Western nations enter Iran for oil exploration and production for the first time in more than a decade…

Iran sanctions to be lifted in coming days

Jan 15, 2016

Sanctions on Iran’s oil production are set to be lifted as early as this weekend that will mark the end of the country’s nuclear program and pave the way for Western nations to re-enter Iranian territory for oil exploration and production…

Amarinth delivers Umm Lulu pumps

Jan 13, 2016

Amarinth has delivered four sodium hypochlorite dosing pumps manufactured in titanium alloy to ADMA-OPCO for use on the Umm Lulu Development Project offshore of Abu Dhabi. Amarinth were approached by Cumberland to tender for the pumps on a tight 24 week delivery for the Umm Lulu platform…

US rig count drops nearly 60% year-on-year

Jan 08, 2016

Baker Hughes’ rig count for December 2015 shows decreases across five of the six regions with the US suffering the most, representing a 59.3% drop year-on-year, and the Middle East with the only increase. Image from iStock…

POSH, Al-Khalaf Group form ME JV

Jan 08, 2016

PACC Offshore Services Holdings (POSH), an Asia-based offshore marine services provider, has announced that it has entered into a joint venture (JV) and incorporated “POSH Saudi Co.” with Saudi Arabia’s Hmood Al-Khalaf Group as part of its plans to expand its presence in the Middle East…

Digital gains Middle Eastern ground

Jan 01, 2016

As easy oil depletes all over the world, Middle Eastern producers are turning to digital oilfield technology to not only enhance recovery but make finds economical to produce. Heather Saucier investigates the region’s technological gains…

Giving ABK a boost

Jan 01, 2016

Abdelghani Henni reports on how French major Total is keeping the ABK field offshore Abu Dhabi up and running past its initial life span, and beyond, serving as a pilot project for other major fields in the country. ABK…

The Barrel: Down, but not out

Jan 01, 2016

From an oil industry perspective it's difficult to find anything positive to say about 2015 other than I'm glad it's come to an end. Colin Welsh. Image courtesy of Simmons & Co. I certainly didn't see $35 Brent crude coming…

Middle Eastern resilience

Jan 01, 2016

Both maintaining and launching new offshore production is high on the agenda in the Middle East, not least in Saudi Arabia, the UAE and Iran. IHS’ Mirzi Moralde outlines current activity in the region. Total’s…

FPSOs: On the horizon

Jan 01, 2016

While the oil price has sucked much wind out of the sails of the FPSO industry, work must go on.  And there are still quite a few projects lined up from 2016-2018. Infield Systems presents this list of conversion and newbuild construction projects…

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