Historically, the Middle East play has been an onshore story, with one notable exception: the South Pars/North Field offshore Iran and Qatar. That looks to be a changing trend as operators pursue the offshore gas potential. Jennifer Pallanich reports…
The monetary and environmental cost of the 72-day Montara field oil leak which culminated in a devastating two-day platform fire in the Timor Sea has yet to be determined, but the Australian Government has been quick to establish a Commission…
The South Pars gas field, located in the Persian Gulf between Iran and Qatar, is one of the largest independent gas reservoirs in the world. The estimated 14tcm of gas and 18 billion barrels of gas condensates on the Iranian part of the field…
Earlier this year, Indonesia’s Graha yard launched its first newbuild jackup rigs. Jennifer Pallanich talks to owner Drydocks World about the the yard’s journey so far and its plans for the future.Drydocks World bought Labroy Marine’s Graha facility on Indonesia’s Batam Island in early 2008…
The recent building boom in jackups will peak in 2010, with more than two dozen new rigs, many without contracts, scheduled to enter a market still trying to dig out from under a global recession. But hopes abound that the market will be able…
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