Offshore Middle East News - page 48


Leviathan Gas Output Cut Due to 'Malfunction'

Feb 14, 2020

Israel's Energy Ministry said on Thursday it limited production at the new Leviathan natural gas field to 60% after a malfunction was discovered in the project's subsea pipeline.The Leviathan partners said in a statement there was no malfunction…

Leviathan Group Seeking FLNG Partner

Feb 12, 2020

The energy companies that own Israel's offshore Leviathan gas field are seeking partners to build a floating liquefied natural gas (FLNG) platform and possibly to explore for oil in ultra-deepwater, a CEO from the group said. Leviathan, one…

RigNet's Comms Solutions for Northern Offshore Jack-Ups

Feb 10, 2020

RigNet, Offshore communications, and networking solutions provider has signed a long-term services agreement with offshore drilling contractor Northern Offshore.Under the deal, RigNet will provide several solutions including VSAT Managed Communications Services…

Oil Slides Lower on China Demand, OPEC+ Cuts Worries

Feb 10, 2020

Oil prices slipped lower on Monday as traders assessed China's oil demand following the coronavirus outbreak and waited to see if major producers will cut output further to balance markets. Oil is off more than 20% from peaks struck in January…

Oil Falls as Russia Needs Time on More OPEC+ Cuts

Feb 07, 2020

Oil prices slipped on Friday as Russia said it would need more time before committing to output cuts along with OPEC and other producers amid falling demand for crude as China battles the coronavirus epidemic. Brent crude futures fell 49 cents…

Saipem Scoops $500+ Mln EPCI Contracts

Feb 06, 2020

Italian oilfield services firm Saipem reports it has been awarded several engineering, procurement, construction and installation (EPCI) contracts in various countries worth over $500 million combined.The first EPCI contract has been awarded…

First Qatar-Built Offshore LQ Sails Away

Feb 06, 2020

Qatargas has this week celebrated the completion and the sail away of the offshore living quarters structure, part of its North Field Bravo (NFB) Living Quarters Expansion (LQX) project.The structure was completed by Nakilat-Keppel Offshore Marine (N-KOM) at the Erhama Bin Jaber Al Jalahma Shipyard…

OSV Docks in Beirut Ahead of Lebanon's First Offshore Well Spud

Feb 05, 2020

The offshore platform supply vessel Lundstrom Tide has docked in the port of Beirut, ahead of the imminent start of the drilling of Lebanon's first offshore well.The vessel will support a drilling operation in the Total-operated Block 4, in the Mediterranean Sea…

Israel-Egypt Gas Pipeline Unaffected by Reported Attacks, Delek says

Feb 03, 2020

Israel's Delek has dismissed reports that the gas pipeline carrying gas from the Leviathan offshore field to Egypt has been affected by a reported terrorist attack in Egypt.Al Jazeera on Monday reported that a group of attackers had blown up a gas pipeline in Egypt's Sinai Peninsula…

KBR Lands 'Major' PMC Contract for Ghasha mega-project

Feb 03, 2020

U.S. engineering and construction giant KBR has won what it says is 'a major Project Management Consultancy (PMC) services contract' with the UAE-based oil company ADNOC.KBR said Monday that the contract was related to the Ghasha Concession portfolio of projects…

Delek Expects Leviathan Expansion FID in 2020

Feb 03, 2020

Israel's Delek Drilling expects a final investment decision this year on expanding exports from the Leviathan gas field using either an LNG facility in Egypt or a floating terminal, its CEO said on Monday. The offshore Leviathan project came…

First Gas from Karish FPSO in 1H 2021 as Hull Works Take Longer than Expected

Jan 31, 2020

Greek oil company Energean has said that its Karish development in the Mediterranean Sea off Israel is on track for first production in the first half of 2021. Energean has previously said that the first gas is expected to start flowing in the first quarter of 2021…

QP Charters Northern Offshore Jack-Up Rig

Jan 28, 2020

Qatar Petroleum has chartered the Energy Embracer jack-up drilling rig from Northern Offshore.The Energy Embracer was delivered from the Shanghai Waigaoqiao Shipyard in China to Northern Offshore in December 2018 and has since been warm stacked…

Iran Goes Solo at South Pars Field as Total, CNPC Pull Out

Jan 27, 2020

Iran’s Petropars will develop phase 11 of South Pars, the world’s largest gas field, after the withdrawal of French oil major Total and the China National Petroleum Corp (CNPC), Iran’s oil minister was quoted as saying on Saturday. “Now with the exit of the other two companies from the contract…

5-year Maintenance Services Deal for GMS

Jan 21, 2020

GMS, the UAE-based operator of self-elevating support vessels (SESV), has been awarded a five-year contract in the Middle East.The company announced Tuesday the 5-year award for maintenance services 'as an enhanced extension to an existing vessel contract…

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