Offshore Middle East News - page 24


UAE Interested in Turkish Energy Investments

May 27, 2022

The United Arab Emirates is eyeing investments in Turkey's energy sector, ports and railways, Foreign Minister Abdullah bin Zayed Al Nahyan said on Friday.Speaking at a joint press conference with Turkish counterpart Mevlut Cavusoglu in Istanbul…

Oil Plus Wins Produced Water Projects Off Qatar

May 27, 2022

UK-based oilfield solutions company Oil Plus has said it has secured two produced water-related projects in Qatar worth $450,000 in total. Oil Plus will deliver a Pre-FEED oil and water analysis for Qatar Energy, and a water injection study…

Energean Power FPSO to Reach Israel in Early June. First Gas in Q3

May 26, 2022

Oil and gas company Energean said Thursday that the first gas from its Karish gas development in the Mediterranean Sea, offshore Israel, was expected to start flowing in the third quarter of 2022.The company said that the Energean Power FPSO…

ADNOC, BP and Masdar in Hydrogen and Technology Partnership

May 24, 2022

The Abu Dhabi National Oil Company (ADNOC), oil major BP, and Abu Dhabi future energy company Masdar have joined forces to develop clean hydrogen and technology hubs.Announcing their new-energy partnerships, ADNOC said the H2Teesside low-carbon…

Keppel O&M Secures Three-year Bareboat Charters for Jack-up Rig Duo

May 24, 2022

Singapore's Keppel Offshore & Marine has secured bareboat charters for two KFELS B Class rigs to be deployed in the Middle East.The shallow-water drilling rigs will go on a charter with an unnamed drilling firm in the Middle East. Keppel said the charterer was  'an established drilling company…

Iran, Oman Eye Joint Development of Hengam Offshore Oil Field

May 23, 2022

Iran and Oman have agreed to form a committee to jointly develop the Hengam oil field, which straddles both countries' sea border, Iran's semi-official Fars news agency reported its oil minister Javad Owji as saying on Monday.In 2005, both countries…

FUELTRAX Taps IMS for Middle East Sales

May 18, 2022

Fuel management solutions company FUELTRAX reports it has named Integrated Marine Solutions (IMS) as its Saudi Arabian partner to focus on sales and installation for clients in the region.Located in northeastern Saudi Arabia, along the Arabian Gulf…

Bahrain State Oil Company to Appoint Financial Adviser, CEO Says

May 17, 2022

Bahrain's state oil firm nogaholding is in final talks to appoint a strategy consultant and financial adviser, its chief executive said on Monday, as the indebted country seeks to capitalize on high energy prices and sell or lease out assets…

Israel Boosting Offshore Gas Output, Looks to Help Supply Europe

May 16, 2022

Israel is boosting offshore natural gas output and aims to reach a supply agreement with Europe in the coming months as the continent looks to replace the Russian supply.The country is on track in the next few years to double production to about…

Saudi Arabia Set for Oil Output Capacity Above 13 mln bpd by 2027

May 16, 2022

Saudi Arabia is on track to lift oil production capacity by more than 1 million barrels per day to over 13 million barrels bpd by the end of 2026 or start of 2027, the energy minister said on Monday.Prince Abdulaziz bin Salman told an energy…

Saudi Aramco Sees 1Q Net Profit Soar 82%

May 16, 2022

Saudi state-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net profit, broadly in line with analyst forecasts, helped by strong oil prices.Aramco, which is at par with Apple Inc as the world's most valuable company…

MMA Offshore Vessel Secures Subsea Services Work in Qatar

May 11, 2022

Australian offshore vessel operator MMA Offshore has secured a contract in Qatar for one of its multi-purpose support vessels.The multi-purpose support vessel MMA Pinnacle will be deployed to Qatar to provide a range of subsea services supporting…

Lamprell to Upgrade Three Jack-up Rigs for International Rig Operator

May 10, 2022

Offshore construction firm Lamprell said Tuesday it was engaged with an international rig operator for major upgrade work on three jack-up drilling rigs in readiness for their deployment in the Gulf region.The first of the rigs will arrive at Lamprell's Hamriyah quayside this month…

Greece, UAE Agree Joint Investments in Energy, Other Sectors

May 09, 2022

Greece and the United Arab Emirates (UAE) agreed to jointly fund investments worth 4 billion euros ($4.2 billion) in the Mediterranean country and explore further cooperation in the energy sector, the Greek prime minister's office said on Monday…

Keppel O&M Secures Bareboat Charters for Two Jack-up Rigs in Saudi Arabia

May 09, 2022

Singapore-based rig builder Keppel Offshore & Marine has secured bareboat charter deals for two of its KFELS B Class rigs to be deployed in Saudi Arabia.The two rigs will be chartered by the drilling contractor ADES for a period of five years…

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