Offshore Middle East News - page 64

 

Noble confirms Karish find

May 22, 2013

Noble Energy confirmed that it has made a natural gas discovery at the Karish prospect off Israel. The Karish discovery well, located in the Alon C license 20 miles northeast of Tamar field, encountered 184ft of net natural gas pay in high-quality lower Miocene sands…

South Pars to get $16B investment

May 21, 2013

Iran will invest US$16 billion to develop the offshore South Pars gas complex over the next 10 months, a natural gas company director said. Pars Oil and Gas Co. Managing Director Mohammadreza Zahiri said that most of the funding will come from domestic sources…

Gas find for Noble at Karish 1

May 17, 2013

Noble Energy has found 'significant signs of gas' on the Karish 1 well 75km north west of Haifi in Israeli waters, according to partners on the project. Delek Group said, according to information from Noble, 60ft of natural gas bearing…

Global Deepwater Review

May 16, 2013

E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…

Shell's Voser to retire

May 02, 2013

The Board of Royal Dutch Shell today announced that Peter Voser, as Chief Executive Officer, has elected to retire from the Company in the first half of 2014. Peter Voser was appointed CEO with effect from July 2009 and has been an Executive Director since 2004…

£2.1m funding for Deep Casing Tools

Apr 22, 2013

Aberdeen-based Deep Casing Tools, which develops an innovative range of tools designed to land casing and completions at target depth within an oil or gas well has received £2.1 million funding from the Scottish Loan Fund (SLF). Deep…

Newbuild growth: Brazil, Africa, SE Asia and Australia

Apr 15, 2013

The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…

Colloquy: Drivers of change

Apr 10, 2013

COLLOQUY: Editor's Column The IHS CERAWeek conference took Houston by storm in March, with a solid program of topical breakfast discussions, illustrious keynote speakers, plenary sessions, and dialogues. The energy topics ran the gamut…

IVB opens Abu Dhabi office

Apr 10, 2013

Growth by specialist East of England company Inspection Verification Bureau Ltd (IVB) has prompted it to open a new office in Abu Dhabi and set up a joint enterprise in Kuwait. Around 75% of the Great Yarmouth company's verification, inspection…

McDermott wins Arabian Gulf duo

Apr 08, 2013

McDermott International, Inc. announced that one of its subsidiaries has been awarded two projects for a customer in the Arabian Gulf.Jebel Ali Fabrication Facility (Image: McDermott) The value of these contracts is approximately US$900 million…

Petrofac wins $500m EPIC project

Apr 02, 2013

Petrofac has been awarded an engineering, procurement, installation and commissioning (EPIC) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi.The US$500 million competitively…

ONGC finalizes ACG acquisition

Apr 01, 2013

ONGC Videsh Ltd. finalized a US$1 billion purchase of Hess Corp.'s 2.72% stake in the Azeri, Chirag, and Guneshli fields (ACG), and Hess' 2.36% stake in the associated Baku-Tbilisi-Ceyhan (BTC) pipeline, both companies announced the closing on April 1…

Tamar in production

Apr 01, 2013

Production from the Tamar field offshore Israel started at the weekend, it has been reported.Tamar field (Image: Delek)The gas from the field 80km offshore Haifa was expected to reach Israel’s port city of Ashdod by yesterday afternoon, Israel's Energy and Water Ministry said…

Bourbon fleet to reach 111 by 2014 end

Mar 29, 2013

A year after taking delivery of its last Bourbon Liberty 200 vessel and 1st Bourbon Liberty 300 vessel, Bourbon has extended its range of services with the Bourbon Liberty 151, the very first vessel in a series of 15 next generation PSVs.PSV…

Arabian construction

Mar 28, 2013

Saudi Aramco awarded Saipem a lump sum contract extension for the development of the Arabiyah and Hasbah gas fields in the Persian Gulf. The project’s scope includes construction work on the fields’ trunklines.

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