Marine geophysical firm Polarcus Limited announced it has won a contract from Dubai Petroleum Establishment for a combined towed streamer and ocean bottom node (OBN) 3D seismic acquisition and processing project in the Middle East.The project…
BP announced Monday that a newly retrofitted vessel has been launched to be used for acid stimulation activities in 17 selected wells in its operated Azer-Chirag-Gunashli (ACG) offshore field, marking a first-of-its-kind project for the region…
A new stationary drilling platform was commissioned on Monday at the Bulla-Deniz offshore field in Azerbaijani sector of the Caspian Sea.The platform was built by SOCAR Oil and Gas Construction Trust and projected by the in-house Oil & Gas Research and Design Institute…
Italian services company Saipem said it has secured more than $1.2 billion worth of additional work for the “supergiant” Zohr field development project, offshore Egypt in the Mediterranean Sea.Saipem announced on Thursday it won an offshore contract addendum with Petrobel…
Austrian oil and gas group OMV signed a concession agreement with Abu Dhabi National Oil Company (ADNOC) for a 5 percent stake in the Ghasha offshore gas and condensate fields, strengthening its position in the region, it said on Wednesday.The…
The oil and gas drilling and production services company ADES International said that it has renewed an existing contract for the offshore rig known as Admarine 657, which is currently operating in Saudi Arabia.The renewal for Admarine 657 would…
Dubai-headquartered offshore drilling contractor Shelf Drilling has bagged a three-year contract award for the Compact Driller jack-up rig with ADNOC Drilling, a division of Abu Dhabi National Oil Company (ADNOC)The contract is awarded for operations in the Arabian Gulf…
U.S. oil and gas company Chevron has decided to launch the sale of its stake in Azerbaijan's largest oil field as well as the Baku-Tbilisi-Ceyhan (BTC) pipeline, it said in a statement on Tuesday.'Chevron regularly reviews its global portfolio…
Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the group's de facto leader Saudi Arabia and marring efforts to show unity before this week's meeting of exporters to tackle an oil price slide…
Energean Oil and Gas announced that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, on Monday. The FPSO is scheduled to be delivered to the Karish field offshore Israel in late 2020…
The United Arab Emirates has awarded Wintershall Holding a 10 percent stake in the Ghasha ultra-sour gas mega project, the Abu Dhabi National Oil Co. (ADNOC) said on Monday.The deal builds on ADNOC's new integrated gas strategy aimed at unlocking…
China’s state-owned CNPC has replaced France’s Total in Iran's multibillion-dollar South Pars gas project, Iranian Oil Minister Bijan Zanganeh said, according to the semi-official news agency ICANA on Sunday.'China's CNPC has officially replaced…
Eni CEO Claudio Descalzi on Friday declined to say whether the Italian oil group would bid for the refining unit of Abu Dhabi state-owned oil company ADNOC, but added ENI was 'always interested in things regarding' the Gulf country.Descalzi…
Oil output at the BP-led Azeri-Chirag-Guneshli oilfields in Azerbaijan totalled 588,000 barrels per day in the January to September period, BP-Azerbaijan said on Wednesday.(Reporting by Nailia Bagirova; Writing by Margarita Antidze; Editing by Jan Harvey)
Specialist marine and subsea services provider Subtech Group announced on Tuesday it has recently secured multimillion dollar contracts with an oil and gas contractor, supporting a number of offshore and subsea projects across the Middle East…
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