Keppel FELS, a wholly owned subsidiary of Keppel Offshore and Marine, secured a contract from Qatar-based Gulf Drilling International to build a repeat high-specification KFELS B Class jackup rig worth US$227 million. As part of the contract…
The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…
A new research study from Flow Research, Volume X: The World Market for Flowmeters, 5th Edition finds that the worldwide new-technology flowmeter market totaled US$4 billion in 2013 and is projected to grow substantially to exceed $5.7 billion by 2018…
Baker Hughes issued the August 2014 international rotary drilling rig count, showing a total of 1339 rigs operating worldwide in August 2014, outside of the US & Canada. The results show a decrease of 43 from the 1382 counted in July 2014…
Noble Energy has entered into a non-binding letter of intent (LOI) to supply Jordan’s National Electric Power Co. Ltd. (NEPCO) gas from the Leviathan field, located off Israel, the company announced on 3 September 2014. In the US$15 billion deal…
The Board of Directors of Oman Oil Co. (OOC) has announced the appointment of Eng Isam bin Saud al Zadjali as the new Chief Executive Officer. Al Zadjali joins the company with over two decades of experience in the oil & gas sector,…
Stavanger’s ONS 2014 will open its doors today, creating a global oil village stretching out across nearly 1km, with large delegations expected from the Middle East and Mexico. The event covers a larger footprint than in 2012, when the last ONS was held…
SNC-Lavalin Group Inc. announced it completed its acquisition of Jersey-based oil and gas services company Kentz Corp. Ltd. The acquisition of Kentz supports SNC-Lavalin’s ongoing transformation into a global Tier-1 engineering and construction (E&C) company…
Dubai's Drydocks World has successfully completed turret modules 1 and 2 for the world’s largest floating liquefied natural gas (FLNG) facility. This innovative FLNG facility will be stationed at Shell's Prelude gas field off the northwest coast of Australia…
In recent years, oil and gas production in Iran has been largely defined by the impact of international sanctions. The nation possesses the world’s fourth largest proven oil reserves and second largest gas reserves. However, despite this…
Norway-based Uptime International has entered into contracts with MAC Offshore Dubai and Fujian Mawei Shipyard China for delivery of three active motion-compensated gangways. The first of these three gangways will be mounted early 2015…
Baker Hughes issued the July 2014 international rotary drilling rig count last week, showing a total of 1382 rigs operating outside the US & Canada. International activity in July was up 38 rigs from the 1344 rigs drilling in June 2014…
Oman's Ministry of Oil & Gas (MOG) has announced an oil and exploration bid round which includes two blocks offshore. The two offshore blocks 18, 59 are being opened to bidders alongside onshore blocks 43A, 54, 58. Block 18 is in…
Shore-side command centers are the hub for offshore communications and rescue coordination efforts. Images from McMurdo Group. McMurdo Group’s Remi Julien discusses how different…
A Cyberhawk ROAV in flight. Photos from Cyberhawk. Chris Fleming explains how using remotely operated aerial vehicles for inspections are reducing plant shutdowns at oil and gas production facilities in the UK and around the world…
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