Dynamic Industries Saudi Arabia (Dynamic Saudi Arabia), headquartered in Al-Khobar KSA, and Houston-headquartered Dynamic Industries International (Dynamic International), have been awarded a major offshore project under their long-term agreement with Saudi Aramco…
McDermott International announced a double win in the Middle East today (25 January), including a contract for the largest offshore oil field in the world. Its first “substantial contract,” from Saudi Aramco, is for engineering, procurement…
Fluor was awarded a two-year engineering services framework agreement with North Caspian Operating Co. (NCOC) for conceptual studies and front-end engineering for its projects in the Caspian region. NCOC operates oil and gas activities under the North Caspian Sea production sharing agreement…
Consultants who were active in the exploration and production sector sector in 2013, but not currently working due to the cutbacks in the industry, would take a day rate that is 39% lower, according to OPC Consultant Market Report 2016. OPC's…
Japan's Inpex Corp. has formed an agreement with Abu Dhabi National Oil Co. (ADNOC) to extend the joint development of the Satah and Umm Al Dalkh oil fields offshore Abu Dhabi in the United Arab Emirates. Inpex subsidiary Japan Oil Development…
Pacific Radiance, a provider of integrated offshore marine support services, has re-established its presence in the Middle East with its recently inked multi-year contracts worth up to US$68 million, including options. Under the multi…
Energean Oil & Gas is planning to develop the Israeli Tanin and Karish gas and condensate fields using a floating production solution, the firm announced in a press conference today. Energean says it will submit a formal field development plan (FDP) for both fields…
In this video, BP shows its global plans for 2017. The supermajor will focus on several of its projects including Thunder Horse in the Gulf of Mexico; Shah Deniz 2 in the Caspian Sea off Azerbaijan; Juniper off Trinidad and Tobago; Quad 204 off the UK; and much more.
Short-term production from the BP-led Azerbaijan’s Azeri-Chirag-Gunashli (ACG) project in the Caspian Sea is expected to be flat, and contain gas rather than oil, according to a new analysis from Douglas-Westwood (DW). ACG…
Saudi Aramco has awarded McDermott International a contract for the engineering, procurement, construction and installation (EPCI) of four jackets and three gas observation platforms, offshore Saudi Arabia. The total weight of all structures combined is 11…
L&T Hydrocarbon Engineering (LTHE) in consortium with EMAS CHIYODA Subsea has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Arabia's Saudi Aramco. The contracts are for the supply and installation…
The National Iranian Oil Co. (NIOC) has released a list of 29 foreign oil and gas firms which have been pre-qualified for its upcoming upstream projects tender round. NIOC is planning to put to a round of tenders several upstream oil…
Offshore construction activity in the Middle East Gulf has remained buoyant, but that hasn’t stopped pressure on costs and dayrates. Mirzi Moralde, of IHS, outlines activity in the region. Saipem’s…
For McDermott International, the Middle East is a key region. Currently, it is one of five EPCI contractors with a long-term agreement with Saudi Aramco. OE spoke with Linh Austin, vice president and general manager, Middle East and Caspian…
Melissa Sustaita charts the progress of two of the Caspian region’s famed oil and gas projects, NCOC’s Kashagan and BP’s Shah Deniz. Last year (2016) had its share of peaks and valleys; however, it was a year of excellent progress for two huge projects in different sectors of the Caspian Sea…
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