For Shell, exploration isn’t just about the seismic, it’s about joining up the petabytes’ worth of seismic dots between its global team of experts. Meg Chesshyre reports. Subsurface imaging, but…
Houston-based TAM International opened a new office in Norway to support the company’s current business and seek further growth. Colin Graham has been appointed as Norway country manager and will be spearheading these efforts. “By…
Houston-based oil, gas and water specialist ProSep has launched an Industry Technology Facilitator (ITF) joint industry project (JIP) with Qatar Petroleum and Petroleum Development Oman. The 12-month project, which started in December 2014…
ION Geophysical and Somalia’s Puntland Petroleum and Minerals Agency (PPMA) entered into an agreement to complete a multi-client 2D regional seismic survey offshore Puntland, Somalia. Image from ION Geophysical…
Masirah Oil commissioned a new 3D seismic survey of Block 50 offshore Oman to be conducted by Dolphin Geophysical. The Artemis Arctic. From Dolphin Geophysical. Block 50 is located on the southeast coast of the Sultanate of Oman…
The Middle East will be one of the key markets for oilfield services companies for decades to come as countries across the region seek to maximize recovery from maturing assets and bring new fields into production, according to leading energy specialist corporate advisory firm Simmons & Co…
Middle East upstream growth will continue despite the current oil price dip, and the region is technology hungry. Hugh Fraser, Managing Partner, Dubai, for law firm Andrews Kurth, explains. The Middle East upstream market is growing…
Chevron has agreed to sell its shares in Chevron Exploration and Production Netherlands, including its interest in Chevron Transportation, to Petrogas International E&P Coӧperatief, a subsidiary of Oman-based Petrogas E&P. 'Our decision…
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,…
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…
Aker Solutions’ former well intervention services business, which was acquired by private equity fund EQT VI in January this year, has been restructured and will operate under two brands from 22 Apr 2014: Altus Intervention and Qinterra Technologies…
The oil and gas industry is experiencing an increasing demand for advanced technology and expertise in the Middle East at a time when the sector as a whole is changing its approach to acquiring, transferring, and protecting its intellectual capital…
Iran, India and Oman are preparing to begin official negotiations for delivery of the Iranian natural gas to the Indian market through a deepwater pipeline. Iranian Foreign Minister Mohammad Javad Zarif, Indian Foreign Minister Salman Khurshid…
The Middle East has long been associated with “easy oil” and “low tech, low cost” production models. But the volume, scale and complexity of energy projects across the region are creating increasing demand for advanced technology and expertise…
BP has reported a fall in profits in 2013, as the company feels the brunt of its divestment program. Underlying replacement cost profit for Q4 was US$2.8 billion, compared with $3.9 billion for Q4 2012. Full-year underlying replacement cost profit was $13…
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