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Egypt pays $350mn to BG Group Dana Gas will invest $270mn in Egypt's main gasfield after receiving payments back.

Egypt pays $350mn to BG Group

The amount has been given as part of a deal to repay Egypt's dept

 •   Egypt seeks $1.5bn loan to repay oil and gas debts
 •   BP Egypt starts drilling Atoll-1 well
 •   Egypt's top refinery hopes to start exporting


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Saudi production for 2015 to reach 9.6mn bpd

Saudi production for 2015 to reach 9.6mn bpd

Jadwa Investment predicts output will then decline 9.4mn bpd in 2016
 
ZADCO awards $5mn maintenance contract

ZADCO awards $5mn maintenance contract

Contract winner is RWG company, joint venture between Wood Group and Siemens AG
 
Gulf Marine Services awarded four-year contract

Gulf Marine Services awarded four-year contract

Company to provide large class self-elevated support vessels to MENA-based NOC
 
GDI, GLB sign deal for liftboat service provision

GDI, GLB sign deal for liftboat service provision

GLB will service Dolphin Energy under the contract
 

 

Drillmec wins Saudi Arabia rig contract

Drillmec wins Saudi Arabia rig contract

Italian firm will also supply rigs for African project
 
National Drilling Company unveils new rig

National Drilling Company unveils new rig

The Shuwehat is the latest in a new line of rigs for NDC
 
Middle East E&P spending outlook remains strong

Middle East E&P spending outlook remains strong

Spending predicted to rise by 14.5%, despite falling oil price
 
Vallianz wins $97mn OSV contract

Vallianz wins $97mn OSV contract

Deal has been secured with unnamed NOC in Middle East
 
First contract for GMS Shamal vessel

First contract for GMS Shamal vessel

Gulf Marine vessel contracted by Middle East NOC
 
Mermaid rig contract cancelled

Mermaid rig contract cancelled

Firm says cancellation is through no fault of its own
 
Dolphin to conduct Oman survey for Masirah

Dolphin to conduct Oman survey for Masirah

3D survey is expected to take 45 days to complete
 
Coretrax eyes further Middle East expansion

Coretrax eyes further Middle East expansion

Firm is currently operational in Saudi Arabia and Dubai
 
Total signs up to zero flaring initiative

Total signs up to zero flaring initiative

Company has been voluntarily reducing flaring since 2005
 
Huawei outlines benefits of ICT systems

Huawei outlines benefits of ICT systems

Firm engages with operators at ADIPEC exhibition
 
Oil price will not affect Qatar infrastructure

Oil price will not affect Qatar infrastructure

Gulf state says the falling price of crude will not impact plans
 




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