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  1. Work starts on Saudi maritime logistics hub

    Offshore staff DHAHRAN, Saudi Arabia – King Salman bin Abdulaziz Al Saud has laid the cornerstone of the King Salman International Complex for Maritime Industries & Services near Jubail in eastern Saudi Arabia. Development will start with a maritime yard, managed and maintained by Saudi Aramco ’s proposed joint venture with The National Shipping Company of Saudi Arabia (Bahri), Hyundai Heavy Industries, and Lamprell . On completion in 2021 it will be available for offshore vessel and rig build, maintenance, repair, and overhaul services. By 2030, Aramco expects the complex to contribute around SAR64 billion ($17 billion) annually to the Kingdom’s GDP, reducing the cost of maritime-related imports by SAR45 billion ($12 billion) and creating more than 80,000 jobs. Aramco’s president and CEO Amin Nasser said: “Ras Al-Khair will be a dynamic industrial stronghold in the Kingdom, incubating various industries.” The company aims to double the percentage of local content in commodities and services produced in the Kingdom to 70% by 2021, he added. The complex will host numerous support service facilities and a residential compound with associated recreational amenities. It is expected to open in early 2019, reaching full operational capacity by 2021. 11/30/2016

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    Wed, 30 Nov 2016

  2. Intertek to oversee Nord Stream 2 construction campaign

    Nord Stream 2 AG has awarded Intertek an inspection and expediting framework agreement.

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    Thu, 1 Dec 2016

  3. BP assigns Forties cost review to Turner & Townsend

    BP has contracted Turner & Townsend to provide quantity surveying and cost management services across its facilities in Scotland.

    Online Articles

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    Fri, 2 Dec 2016

  4. Shell, Total join Iran-Oman gas pipeline talks

    Representatives of Shell, Total, and Korea Gas Corp. have met with Iranian and Omani officials to discuss potential cooperation in Iran’s project for an overland/ offshore pipeline exporting gas to Oman.

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    Mon, 14 Nov 2016

  1. CEPSA, Sonatrach sign E&P cooperation agreements

    Online Articles

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    Wed, 23 Nov 2016

  2. Production test successful at GoM Hummer well

    The Hummer discovery well, Main Pass block 270 #3 BP 01, offshore Louisiana has completed flow testing, according to partner Petsec Energy.

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    Tue, 22 Nov 2016

  3. EnQuest, MOL start production from Scolty-Crathes in North Sea

    EnQuest PLC and MOL Growest (II) Ltd. have started oil production from the Scolty and Crathes light oil accumulations in the central North Sea, 160 km northeast of Aberdeen.

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    Mon, 21 Nov 2016

  4. India gets bids for small fields in 34 of 46 contract areas

    Thirty-four contract areas received bids in India’s effort to develop small fields, according to the country's Press Information Bureau. Forty-six contract areas were offered across nine sedimentary basins.

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    Mon, 21 Nov 2016

  5. EnQuest: Scolty/Crathes enter production, Kraken FPSO sailaway imminent

    EnQuest has achieved first oil from the Scolty/Crathes subsea tiebacks in the UK central North Sea.

    Online Articles

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    Mon, 21 Nov 2016

  6. Xodus Group wins FEED for Midia gas project offshore Romania

    Black Sea Oil & Gas SRL and its co-venturers have awarded Xodus Group the front-end engineering and design contract for the offshore and onshore facilities of the Ana and Doina gas discoveries on the XV Midia Shallow block offshore Romania.

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    Thu, 17 Nov 2016

  7. Black Sea Oil & Gas lets FEED for Romanian offshore gas development

    Black Sea Oil & Gas SRL (BSOG), Bucharest, a subsidiary of Carlyle Investment Management LLC’s Carlyle International Energy Partners LP, Washington, DC, has let a contract to Xodus Group Ltd., Aberdeen, to provide front-end engineering and design of offshore and onshore installations for its Midia ...

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    Online Articles

    Mon, 21 Nov 2016

  8. All first-phase wells in place at Otakikpo offshore Nigeria

    Lekoil says welding and installation work continues on the offshore pipeline for the Otakikpo development in a swamp location in Nigeria’s OML 11 lease.

    Online Articles

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    Thu, 15 Sep 2016

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