Offshore - Oil & Gas

  • UTEC AUVs set to support Saipem at Zohr offshore...

    Italian oilfield contractor Saipem has contracted UTEC, a global survey company in subsea services group Acteon, to support Saipem’s operation for deepwater Zohr gas field development project in Egyptian sector of the Mediterranean sea

  • Aramco pushes for more Saudi localisation by...

    Saudi Aramco signed a shareholder agreement with Lamprell plc (“Lamprell”), the National Shipping Company of Saudi Arabia (“Bahri”), and Hyundai Heavy Industries Co. Ltd (“HHI”) to enter into a joint venture (“JV”) partnership with respect to the establishment, development and operation of a world-class maritime yard, which is the anchor project within the King Salman International Complex for Maritime Industries and Services located in Ras Al-Khair, near the Jubail Industrial City on the Kingdom’s east coast.

  • Black Sea Oil and Gas could start offshore gas...

    Black Sea Oil & Gas (BSOG), owned by Carlyle International Energy Partners, could start the gas production from one of its concessions in the Black Sea in 2019, but this target depends on the approval process and the legal framework, the general director of the company, Mark Beacom, told Agerpres.

  • Trump appoints US offshore safety regulator

    President Donald Trump has named Louisiana regulator Scott Angelle to oversee safety of the offshore oil and gas sector as director of the US Interior Department's Bureau of Safety and Enforcement (BSEE).

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Topaz to help Dragon Oil develop Turkmenistan’s offshore oil and gas

The oil services firm won a $100m contract to supply vessels, supporting Dragon Oil to retain top Turkmen position. Dubai-based Topaz Energy and Marine will supply vessels to Dragon Oil, the upstream unit of Emirates National Oil Company (Enoc), for the development of Turkmenistan’s offshore hydrocarbon resources.

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The importance of local contents in challenging markets

In the current challenging market conditions, the importance of local contents cannot be overlooked. Local contents are not only human resources, but also material and any available resources that can contribute to enhancing quality and maintaining lower prices.

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