Corac Group subsidiary Corac Energy Technologies (CET) has signed an amendment to its contract with Aramco Overseas Company, a subsidiary of Saudi Aramco, for a revised scope of work to develop an in-pipe gas compressor (IGC). The amendment will enable CET to support the design…
Maersk Oil Qatar (MOQ) and Gulf Drilling International (GDI) have signed two new contracts; one two-year contract for the GDI jack-up drilling rig (rig B-341), and another three-year contract for a new GDI offshore accommodation jack-up. The…
Noble Energy, Inc. has downgraded the gross resource potential of its A-2 appraisal well, drilled on the Block 12 discovery offshore the Republic of Cyprus. With the reserve potential initially set between 5-8Tcf, the company has now lowered its figures to 3…
Drydocks World today marked the sailaway of the Prelude floating liquified natural gas (FLNG) vessel turret modules to the owner Shell. The first Module, the bogie support structure, standing 22m high, with a diameter of 30m and weighing…
Abu Dhabi-based subsea engineering and diving services firm DCN Global has been bought by Fugro Subsea Middle East. The company, which will be renamed Fugro Subsea Services (Middle East), has primarily operated in the Middle East, Caspian and African regions…
Genel Energy chief executive Tony Hayward will give the keynote presentation in today’s SPE Offshore Europe session, The Independent Oil Company—Mighty oaks from little acorns grow (10-12.30pm, Gordon B). We asked the former BP chief executive…
This decade is a unique opportunity for European contractors and suppliers to really go for it in terms of looking to win a larger global share of the supply market, Malcolm Brinded said yesterday. Brinded, of the Shell Foundation, was chairing…
Jack-up barge provider Gulf Marine Services is building its third E-Class jack-up vessel, GMS Enterprise, it has announced. The vessel will add to GMS’ two existing E-Class units, GMS Endeavour and GMS Endurance. GMS Enterprise will…
The foundations of the global energy system are shifting and the lives of energy policy makers are not getting any easier. If they didn’t have enough to worry about with securing affordable, sustainable supplies of energy to meet national needs…
Dwarfed by the majors and super majors, the impact of the small independent oil company on global exploration and production activity is often overlooked. But, these companies are driving increased production in mature provinces such as the UK Continental Shelf (UKCS)…
Petroceltic International has launched drilling campaigns offshore Romania and in Kurdistan. The Romanian campaign, in the Black Sea, started with the spudding of the Cobalcescu South exploration well using the GSP Prometeu jack-up drill rig…
Technip, as part of a consortium led by National Petroleum Construction Company (NPCC), has been awarded a contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for engineering, procurement and construction (EPC) work on Umm Lulu full…
The group chief finance officer of United Arab Emirates-based rig builder Lamprell is to leave the business. Frank Nelson, who joined Lamprell last year, is to return to the UK for personal reasons, said Lamprell, which is due to announce its half year results tomorrow (August 29)…
Sembcorp Marine has signed a memorandum of understanding (MOU) with Saudi Aramco and the National Shipping Co. of Saudi Arabia (Bahri), one of the largest shipping companies in the world, with the objective of preparing a detailed feasibility…
Drydocks World announced today that the world’s first Modular Capture Vessel (MCV), Eagle Texas, sailed away from its yard. The conversion of the AFRA max tanker was carried out by Drydocks World – Dubai and was completed for Singapore based AET…
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