Offshore - Oil & Gas

  • Indonesian govt to offer more oil, gas blocks

    A report published on Saturday in the Jakarta Post announced the Indonesian Ministry of Energy and Mineral Resources’ plans to tender an additional 10 oil and gas blocks, some of which will be available in the 2015 bidding round.

  • China Fishing Illegally in West Africa:...

    Chinese fishing companies have flocked to the coast of west Africa over the last three decades to engage in illegal and ecologically destructive fishing practices, according to a Greenpeace report issued Wednesday. 

  • UAE's IPIC seeks arbitration over South...

    Abu Dhabi-based International Petroleum Investment Co (IPIC), which sold its controlling stake in a South Korean refiner in 2010 for over $2 billion, has filed a request for arbitration, seeking compensation for a tax payment stemming from the sale, according to a South Korean official.


  • Adnoc capex to hit $100bn in four years

    The Abu Dhabi National Oil Company (Adnoc) will spend more than $100 billion in the next four years on increasing its oil production capacity and building other oil and gas facilities, a senior official said.

  • Macro Sensors Unveil Offshore LVDT Linear...

    Macro Sensors have introduced its Offshore LVDT Linear Position Sensors for marine and offshore applications. Because of their high accuracy and long-term reliability when operating in water, Macro Sensors Offshore LVDT Linear Position Sensors are quickly becoming the preferred technology in marine and offshore applications, especially for elongation measurement as part of long-term finite element analysis of pipelines, derricks, moorings and other critical high-stress members on offshore oil platforms that must be constantly monitored to ensure ongoing drilling platform stability.


Qatar Shell, QDB award contracts to six SMEs

Qatar Shell, in partnership with Qatar Development Bank (QDB), has awarded long-term contracts worth QR15 million ($4.1 million) to six new local small and medium enterprises (SMEs), a report said.