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Aramco awards key contract for Ras Al Khair maritime complex The contract is reportedly the first major undertaking for the maritime complex.

Aramco awards key contract for Ras Al Khair maritime complex

The oil giant has awarded the contract for dredging, reclamation and marine structures to a consortium comprising Saudi Archirodon Co and Huta Hegerfeld AG Saudia Co

 •   KSA's maritime complex to cost over $5bn: Minister
 •   McDermott signs MoU to construct offshore KSA


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ENOC's Dragon Oil awards $100mn contract to Topaz

ENOC's Dragon Oil awards $100mn contract to Topaz

Under the terms of the contract, Topaz will supply Dragon Oil Turkmenistan with six vessels, comprising five anchor-handlers and one Emergency Recovery and Response Vessel
 
Cosasco wins $3mn corrosion management deal in the Middle East

Cosasco wins $3mn corrosion management deal in the Middle East

Indian EPC major L&T Hydrocarbon Engineering has awarded the contract to Cosaco for supply of corrosion control products that will be deployed in operations of a major regional operator
 
ADNOC in 'advanced discussions' for ADMA-OPCO concession renewal

ADNOC in 'advanced discussions' for ADMA-OPCO concession renewal

The existing offshore acreage operated by ADNOC Group company ADMA-OPCO, which is up for renewal in March 2018, will be split into two, or more, concessions with new terms to unlock greater value and increase partnership opportunities
 
Not obligated to award India Farzad B gas field: Iran

Not obligated to award India Farzad B gas field: Iran

This development comes after India said it's willing to invest nearly $11bn to develop the gas field, which was discovered by a consortium of Indian companies
 

 

TAQA awards Schlumberger EPCIC contract for UK North Sea oilfield

TAQA awards Schlumberger EPCIC contract for UK North Sea oilfield

Schlumberger subsidiary OneSubsea wins deal from Abu Dhabi-based E&P company to provide offshore engineering and support mechanisms to Otter offshore oilfield
 
Bahrain LNG wins key award for finance deal

Bahrain LNG wins key award for finance deal

The 'Middle East ECA Finance Deal of the Year' was presented during a gala dinner ceremony at the 2017 Venice Global Borrowers' Summit held recently in Venice, Italy
 
Saudi Aramco offshore oilfield production impeded by corrosion

Saudi Aramco offshore oilfield production impeded by corrosion

Manifa is one of the Saudi oil giant's biggest oilfields and latest expansions, with a production capacity of 900,000 barrels per day
 
Marsol signs two-year contract with Omani E&P company

Marsol signs two-year contract with Omani E&P company

UAE-based Marsol International will provide services for the management of marine and offshore activities to the Oman Oil Company Exploration & Production LLC (OOCEP)
 
Iran signs massive deal with Total, CNPC for $5bn gas project

Iran signs massive deal with Total, CNPC for $5bn gas project

French oil giant Total and China's state major CNPC sign first IPC agreement with Iranian state oil company NIOC’s subsidiary Petropars to develop phase 11 of the mega South Pars gas field in offshore Gulf
 
India gives Iran $11bn 'best offer' to develop giant gas field

India gives Iran $11bn 'best offer' to develop giant gas field

OVL-led Indian consortium has offered to invest as much as $6bn on the Farzad-B field and spend the remaining amount to build an LNG export facility
 
Eni, GE Oil & Gas sign agreement to develop giant Mozambique gas reserve

Eni, GE Oil & Gas sign agreement to develop giant Mozambique gas reserve

GE Oil & Gas and EEA have been co-developing mechanisms to ensure operational reliability and equipment availability to avoid loss of revenue through unplanned downtime
 
Iran hopes to sign $15bn worth key upstream deals by March 2018

Iran hopes to sign $15bn worth key upstream deals by March 2018

Negotiations for the development of Phase 11 of South Pars, Azadegan oilfield and South Pars oil layer are in an advanced stage, with major IOCs bidding for the deals, state-owned NIOC's MD says
 
McDermott completes installation of first jacket on Aramco project

McDermott completes installation of first jacket on Aramco project

The Safaniya 264 jacket has been installed in the Safaniya offshore oilfield, located 200km north of Dhahran in the Gulf's waters, by McDermott's Derrick Barge 32 vessel
 
Aramco launches $1bn project tender for world's largest offshore oilfield

Aramco launches $1bn project tender for world's largest offshore oilfield

Bids for the engineering, procurement, construction and installation (EPCI) contract on the sixth phase of redevelopment of Safaniya, are due by the end of June from Aramco's pool of partner contractors
 
Italy's Eni to explore offshore block in Oman

Italy's Eni to explore offshore block in Oman

Italian major has signed an MoU with state-owned Oman Oil Co to explore the Sultanate’s only offshore block for oil and gas reserves, in partnership with OOC subsidiary Oman Oil Company for Exploration & Production (OOCEP)
 




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