Abu Dhabi-based Gulf Marine Services has won a new contract award for one of its mid-size class vessels. The contract, scheduled to start immediately, is for 12 months including options, with the vessel supporting a Middle East/North Africa (MENA)-based national oil company…
UAE-based engineering and fabrication firm Lamprell has recruited Petrofac exec Christopher McDonald to become its CEO as of 1 October 2016. McDonald will succeed Jim Moffat, who is retiring from the company. McDonald has held the…
Unmanned facilities are being given serious consideration offshore Norway. Elaine Maslin reports. Percentage of unmanned platforms per North Sea sector. Unmanned distribution. Image from Ramboll…
Rig operator Seadrill has received three-year contract extensions from Saudi Aramco for the jackups AOD I and AOD II expiring in June 2019 and July 2019, respectively. The extensions are in direct continuation of the current contracts…
McDermott International and Nakilat-Keppel Offshore Marine (N-KOM) have signed a memorandum of understanding for an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters…
UAE-based rig builder and engineering firm Lamprell says delivery of a jackup drilling rig, which had been scheduled for delivery in Q2 2016, has been delayed due to an issue with equipment supplied by an original equipment manufacturer. According to a November 2015 presentation by Lamprell…
Mermaid Subsea Services (Thailand) (MSST) has been awarded a contract to provide technical support service personnel to a national offshore oil and gas engineering, procurement, installation and commissioning company with large-scale projects internationally…
Penspen and Dar Al Handasah, operating as a joint venture, have been awarded a new project management contract by Kuwait Gulf Oil Co. to manage the engineering, procurement and construction of a new gas and condensate pipeline. The…
Centrifugal pump firm Amarinth has secured an order for bespoke utility and fresh water pumps from Hyundai Heavy Industries (HHI) for a platform being built for ADMA-OPCO to operate in the Nasr oil field, offshore of Abu Dhabi. Amarinth…
In a coup for French major Total, and a blow to Denmark-based Maersk Oil, Qatar Petroleum has awarded Total a 30% interest in the concession covering the offshore Al-Shaheen oil field for a period of 25 years beginning 14 July 2017. Qatar…
Hoover Container Solutions announced three new changes to its senior management team, supporting its continued global growth. Joseph Levy has been appointed senior vice president and chief financial officer; Johan Wramsby has been appointed senior vice president and chief operating officer…
Rystad Energy’s new report claims that there is hope in the oilfield service industry despite the current downturn, with an expected US$30 billion growth to be seen in the next two years. Closed and abandoned service markets as well as…
Global upstream capital spending from 2015 out to 2020 has been reduced by 22% or US$740 billion, however, when cuts to conventional exploration investment are included, the figure increases to just over $1 trillion, Wood Mackenzie said. Image…
Saipem has been awarded new drilling contracts and extensions to existing contracts in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America, with a cumulative value of approximately Euro 150 million (US$170.48 million). Eni…
BP’s compiled data from last year has revealed that global energy consumption has slowed further, with the mix of energy sources shifting towards lower-carbon fuels. Image from BP. In…