Saipem has won new onshore drilling contracts worth approximately $500 million, the company announced on 23 November 2012.Saipem will utilize 13 rigs, three of which will be new purpose-built units, for work in Saudi Arabia, South America and Kazakhstan…
Aker Solutions has ended the process to acquire the Dubai-headquartered oil services company NPS Energy. Aker Solutions announced an agreement to buy the shares in NPS Energy on 21 May 2012. The agreement was conditional upon a series of parameters…
The annual average oil price of global benchmark Brent crude for 2011 is poised to be the highest (in both real and nominal terms) since 1860, the year after the birth of the modern oil industry in Titusville, Pennsylvania, according to a report by IHS Cambridge Energy Research Associates…
Wood Group PSN (WGPSN) has been awarded a contract by DNO Middle East to provide engineering and project support services to the Tawke field, in the Kurdistan region of Iraq. The contract marks WGPSN’s expansion into Iraq.The energy services company will deliver engineering studies…
Dana Petroleum is bringing new wells into production in Egypt, through its Joint Venture company Zeitco – and has also been successful in the 2011 EGPC bidding process.Dana completed the East Zeit A17Z well on 8 September as a successful oil producer…
DNO International's Benenan-3 well in the Kurdistan region of Iraq has encountered oil, the Norwegian company announced on 6 November 2012.The Benenan-3 well, which was drilled on the Erbil license, encountered an additional 210 meter oil…
INPEX has signed a service contract with the Iraqi State Oil Compnay (South Oil Company) for the onshore Exploration Block 10 jointly with LUKOIL.INPEX and LUKOIL have been successfully awarded the rights to explore the Exploration Block 10…
Eddie Moore has joined Zenith Oilfield Technology, recently acquired by Lufkin Industries, as manager of sales and operations for the Middle East and Africa, working out of Oman. Peter Smith (pictured), previously with Weatherford, has…
As the tension between Israel and Iran ratchets up, an interesting sub-text has developed over the role of Iran’s traditional backer, Russia. While many Western observers continue to raise the spectre of a ‘wider Middle East conflagration’, and one that could drag in Russia…
Getting the drilling facilities design process right not only ensures the operator gets the ideal rig for the job but also increases HSE and operational efficiencies and cuts rig construction and commissioning costs. Andy Kay and Rodrigo Rendon discuss the RDS approach…
French premium tubular solutions specialist Vallourec reports that its new-generation Vam 21 threaded connection is now also enjoying commercial success in the Middle East after making early market inroads in the North Sea, Brazil and Southeast Asia…
Rental equipment provider Ferguson Group has set up a new company near its port and storage yard in Jebel Ali, Dubai, to support its range of offshore and refrigerated containers plus accommodation units and workspace modules in the Middle East.
Angus Bowie has been appointed MENA regional director for pipeline engineering group Stats. He has relocated to Abu Dhabi from Aberdeen – where he served previously as the company’s technical director – and will oversee the opening of new workshop and warehousing facilities…
Hatem Speta, a well test specialist recruited from Schlumberger, has joined Expro International as Middle East product manager. Expro also recently appointed Ossama Amin, previously with Geoservices, as its MENA early production facilities manager.
Nabil Alalawi, co-founder of Al Mansoori Specialized Engineering, has joined the Camcon board as a non-executive director. Since October 2010 Al Mansoori has had the rights to sell, install and support Camcon Oil products throughout the Middle East…