Offshore access solutions provider Ampelmann has opened an office in Dubai, its second in the Middle East, in a move aimed at further expansion in the region.The new office will be manned by Tim Mulders as Business Developer, who will serve…
Turkey has completed the purchase of its second drilling ship, which will operate in the Black Sea at the north of the country, Energy Minister Fatih Donmez said on Friday.Turkey is almost completely reliant on imports to meet its energy needs…
Inspection, maintenance and repair (IMR) subsea services provider N-Sea said it has reinforced its commitment to the Middle East with expanded its service capabilities in the region.N-Sea, which opened its regional office in Dubai in 2016, said…
Abu Dhabi state-owned oil producer ADNOC plans to increase oil production capacity to 5 million barrels per day by 2030, the emirate's crown prince said in a tweet.Abu Dhabi's 'Supreme Petroleum Council approved AED 486 billion ($132.33 billion) in capex to support ADNOC's 5-year growth plans…
Israel will tender off 19 new offshore blocks to oil and gas companies, its energy ministry said on Sunday, hoping to rebound from a disappointing bidding round a year ago.Israel discovered in 2009 that it had large reserves of natural gas off its Mediterranean coast…
Drilling company Ades International Holding has bought 12 onshore rigs from Weatherford in Kuwait for $ 123 million.The oil & gas drilling and production services provider in the Middle East and North Africa (MENA) said in a press release that…
Bahrain's state-owned oil company Nogaholding plans to raise $1 billion through a dual-tranche U.S. dollar-denominated bond on Wednesday, a document by one of the banks leading the transaction showed.The deal is the first foray by a Bahraini…
A Turkish drilling ship will start operating in the Mediterranean Sea on Wednesday, 100 km (62 miles) off the coast of Antalya province, Energy Minister Fatih Donmez said, adding it would aim to open two drill holes annually.Donmez made the…
Saudi Aramco signed 15 Memoranda of Understanding (MoUs) and strategic and commercial collaborations valued at more than US$34 billion with 15 international partner companies and entities from eight countries in 3 continents.These collaborations…
Drydocks World has recently completed two projects for Bluewater Energy Services B.V. and end client Hurricane Energy plc.The projects included the refurbishment, life extension and upgrade of the FPSO Aoka Mizu vessel, and the construction of a Turret Buoy weighing over 1…
Abu Dhabi's state-owned ADNOC Offshore has completed the installation of all Nasr field facilities, said a company tweet on Sunday.''This megastructure is one of the largest supercomplexes in the world, with Nasr field contributing to ADNOC’s end of 2018 oil production capacity target of 3…
UTEC, a surveying company in subsea services group Acteon, said it has, in partnership with offshore services provider Zamil Offshore, secured a contract in Saudi Arabia for the floatover, from Oman to Saudi Arabia, and installation of multiple platform topsides…
James Fisher and Sons plc reported further expansion of its operations in the Middle East, including the recent completion of cable and pipeline trenching projects and new construction and decommissioning activities going live across the region…
Russia's biggest independent oil producer Lukoil plans to start commercial oil production at its new Caspian field in 2023, the company said on Tuesday.Lukoil said it expected to reach peak production at the Rakushechnoye field of 1.2 million…
The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain…
Subscribe
