Offshore Middle East News - page 5

 

CRC Evans Secures Work at Qatar’s Largest Offshore Oil Field

Nov 12, 2024

CRC Evans, a company offering welding and coating services to the energy sector, has signed a contract with Offshore Oil Engineering (COOEC) to deliver critical welding services for the Ruya Batch 1 Project (EPCI09), part of the expansion of the Al-Shaheen field…

Türkiye Offshore Wind Roadmap Outlines Up to 7GW Potential by 2040

Nov 08, 2024

World Bank Group, in collaboration with the Republic of Türkiye’s Ministry of Energy and Natural Resources, has launched a new roadmap today which outlines the opportunities and challenges to deliver viable offshore wind projects in Türkiye…

Saudi Aramco’s Quarterly Profit Goes 15% Down

Nov 05, 2024

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining margins, but maintained its generous dividend at $31.1 billion for the quarter.Aramco posted net income of $27.6 billion in the three months to Sept…

Enersol to Acquire Deep Well Services in $223M Deal

Nov 04, 2024

Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi Holdings, has signed an agreement to acquire a U.S.-based oilfield services company Deep Well Services (DWS) for approximately $223 million, including performance-based payments…

Vantage Drilling Concludes Sale of Two Jack-Ups to ADES

Oct 31, 2024

Offshore drilling contractor Vantage Drilling has completed the sale of two premium jack-up rigs to ADES Holding Company, contracted for work in Southeast Asia.The sale includes the Topaz Driller jack-up rig, operating in the Malaysia-Thailand joint development area…

TAQA Unveils Inflow Control System for Optimized Reservoir Performance

Oct 21, 2024

Saudi Arabia-based oilfield services company TAQA has launched its next-generation inflow control system, enabling operators to optimize reservoir performance while sustainably managing fluid production.The M4 Inflow Control System dictates…

Subsea7 Introduces New Barge Docking Method at Saudi Aramco’s Oil and Gas Project

Oct 18, 2024

Offshore services firm Subsea7 has completed all floatover installation operations using an innovative installation method on Saudi Aramco’s oil and gas project offshore Saudi Arabia.Subsea7 used only tugs and soft mooring lines connected to…

Iran Intensifies Oil Spill Control Efforts Off Kharg Island

Oct 16, 2024

Iranian authorities are working to control an oil spill four miles (6.4 kilometres) off Iran's Kharg Island, the country's IRNA news agency reported on Wednesday.The leak from oil pipelines was reported on Sunday and the required actions have been taken…

Shelf Drilling Scoops $234M in West Africa Drilling Contracts

Oct 10, 2024

Offshore drilling firm Shelf Drilling has secured $234 million in contracts and extensions for two of its jack-up drilling rigs - Shelf Drilling Achiever and Adriatic I - for work offshore West Africa.The company has now fully executed a three…

Expansion Works at Leviathan Gas Field Off Israel Delayed as War Escalates

Oct 07, 2024

Chevron Mediterranean, a subsidiary of the U.S. oil giant Chevron, has informed that the works on the Leviathan field that would expand its gas production have been postponed due to the escalation of security situation resulting from the Israel-Gaza war…

MCDermott Gets Pipelines and Cables Job at Qatar's Giant Gas Field

Oct 03, 2024

McDermott has secured an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) offshore pipelines and cables project, part of the world's largest liquefied natural gas (LNG) project…

Chevron Resumes Israel Offshore Gas Production

Oct 02, 2024

Chevron said on Wednesday it has resumed natural gas production at the Tamar and Leviathan platforms offshore Israel following brief precautionary production shut-in on Tuesday night.(Reporting by Ron Bousso; editing by Jason Neely)

SLB, Patterson-UTI, and ADNOC JV to Accelerate $1.7B Drilling Campaign in Abu Dhabi

Oct 01, 2024

ADNOC Drilling, SLB and Patterson-UTI have created a joint venture dubbed Turnwell Industries to accelerate the 144-well drilling campaign as part of unconventional oil and gas exploration program in Abu Dhabi, set for delivery by the fourth quarter of 2025…

Shelf Drilling Finalizes Baltic Rig Sale

Sep 23, 2024

Offshore drilling contractor Shelf Drilling has closed the sale of its Baltic jack-up rig for $60 million with an undisclosed client.Shelf Drilling said the buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Malaysia…

Saipem Bags $2B Saudi Aramco Contract for Marjan Field

Sep 18, 2024

Italian offshore energy services firm Saipem has secured a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia.Saipem’s scope of work involves the engineering…

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