Offshore - Oil & Gas

  • Speakers announced as registrations open for 6th...

    A government adviser, an explorer, an HSE executive and a process engineer are the keynote speakers for this year’s OPITO Safety and Competence Conference – OSCC 2015. They will be joined on the panel by oil and gas industry leaders to explore the topic of “The Economics of Safety at $60 Oil”.

  • Oilfield services company Al Mansoori plans an...

    Al Mansoori, an Abu Dhabi based oilfield Services Company is planning for an Initial Public Offering (IPO) in the next two years to strengthen its position and have access to more financial resources, a top executive of the company told Gulf News on Wednesday.

  • Dubai Chases Turkmenistan Oil Stake

    On June 15, Emirates National Oil Company (ENOC) offered to buy out the minority stakeholders in Dubai-based Dragon Oil for £7.5 ($11.81) per share, a proposition that was rejected days later by the largest minority investor in the company, Baillie Gifford. A shareholder fight ensued, stalling the deal.

  • UAE's Topaz Eyes Expansion Amid Oil Slump

    Topaz Energy and Marine is eyeing expansion into South America in the next two years as the Dubai-based oil services firm looks beyond the current difficulties in the sector caused by the lower oil price, its chief executive told Reuters.

  • Fukushima Floating Offshore Wind Project...

    An experimental offshore floating wind farm project sponsored by the Japanese Ministry of Economy, Trade and Industry has been underway since March 2012. Participating in the project is a consortium comprised of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel & Sumitomo Metal, Hitachi, Furukawa Electric, Shimizu, and Mizuho Information & Research.


Australian oil firm finds gas off Myanmar coast

Woodside Petroleum discovered natural gas off the coast of Myanmar, a positive sign for global energy companies including BG Group and Total SA that are exploring in the once-isolated southeast Asian country.


Russia To Help Iran Reboot Oil Industry

Now that Iran appears on the verge of resuming prodigious oil production, it’s becoming clear that it plans to do so by forming ever-closer ties with Russia, one of six world powers that persuaded it to restrict its nuclear program in exchange for the removal of Western sanctions.


Saudi won't limit oil production: Al-Naimi

Saudi Arabian Oil Minister Ali Al-Naimi said the kingdom, the world's top crude exporter, does not limit its output and has the capacity to meet additional demand, state television Al Ekhbariya reported on Wednesday.