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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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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
 
Lamprell wins $365mn Jack up contract

Lamprell wins $365mn Jack up contract

The order is for two state of the art jack up rigs
 
Petrofac bags contract for Iraq expansion project

Petrofac bags contract for Iraq expansion project

The 12-month extension will be worth around $106mn bringing the total value of the contract to more than $300mn since it was first awarded in 2012
 
Drilling market to grow by more than 10% by 2019

Drilling market to grow by more than 10% by 2019

Asia Pacific is the area that is predicted to experience most growth
 
Saudi Aramco bags two Oil&Gas Middle East Awards

Saudi Aramco bags two Oil&Gas Middle East Awards

Energy giant wins Technical Innovation and Production Manager
 
Oil&Gas Middle East Awards winners revealed

Oil&Gas Middle East Awards winners revealed

Twelve winners announced at industry event in Abu Dhabi    1 Comments
 
Adma-Opco pumps first oil from offshore field

Adma-Opco pumps first oil from offshore field

Production from Umm Lulu field in Abu Dhabi kicks off
 
Oil & Gas Middle East Awards just days away

Oil & Gas Middle East Awards just days away

Last chance to book tables for showpiece industry event
 




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