The Middle East will be one of the key markets for oilfield services companies for decades to come as countries across the region seek to maximize recovery from maturing assets and bring new fields into production, according to leading energy specialist corporate advisory firm Simmons & Co…
Oil and gas asset integrity and corrosion management firm LUX Assure has appointed three Middle Eastern agents in recent months in a bid to extend its reach in the United Arab Emirates. Most recently appointed was Muscat based Black Gold…
Celera Support Services has broken into the Middle East market with its largest ever contract win. The firm has landed a £1.5million deal with diving and marine services firm Subtech in Qatar. The Scottish business, which was set up less than three years ago…
Global safety standards body, OPITO, says safety in the oil and gas industry is still not good enough despite a five year improvement in the Middle-east. At its fifth annual safety and competence conference (OSCC 2014) in Abu Dhabi 4 November…
Upstream market growth is expected to remain strong in the Middle East, despite falling oil prices and the potential impact this might have on offshore activity globally, predict analysts and oilfield services firms. Speaking ahead of this week's ADIPEC conference in Abu Dhabi…
A new oil and gas exploration firm founded by former Tullow Oil board members has its sights set on Middle Eastern and African promise. T5 Oil & Gas Limited (T5) was set up to identify and acquire prospective oil and gas assets in Africa and the Middle East…
Aging assets and a push to develop more offshore assets is helping to make the Middle East a growth area and push research into CO2 injection for enhanced oil recovery, according to Prajeev Rasiah, regional manager, Middle East & India, DNV GL – Oil & Gas (pictured)…
Unique Wellube, a division of Unique Maritime Group (UMG), exhibiting at ADIPEC this week, recently supplied Abu Dhabi Marine Operating Company (ADMA-OPCO) with mechanical seal plugs for a significant pipeline isolation project. ADMA-OPCO…
Middle East upstream growth will continue despite the current oil price dip, and the region is technology hungry. Hugh Fraser, Managing Partner, Dubai, for law firm Andrews Kurth, explains. The Middle East upstream market is growing…
More than 2000 exhibiting companies and over 60,000 oil and gas professionals from 127 countries are expected at this week’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), at Abu Dhabi's national exhibition center, ADNEC…
Baker Hughes Inc. issued the October 2014 international rotary drilling rig count today, showing a total of 1308 rigs operating worldwide in October 2014, outside of the US & Canada. International activity in October was down 15 rigs from the 1323 rigs drilling in September 2014…
BP awarded Emerson Process Management a US$40 million contract to be the main automation contractor for the Shah Deniz Stage 2 development project in the Azerbaijan sector of the Caspian Sea. Upon the terms of the agreement, Emerson will…
Noble Energy has targeted an early 2018 start-up date for its giant Leviathan gas field off Israel, according to its 3Q earnings statement. In addition, the Houston-based independent received government approval for a gas delivery point for the field in the northern part of Israel…
The latest EIC Monitor report paints a mixed picture of activity across the global upstream sectors in 3Q 2014, with a large decline in upstream activity. The global oil and gas industry has followed a gentle downward trajectory of project…
Gulf Marine Services, the leading provider of advanced self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors, has won a major new contract for one of its Large Class vessels. The…
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