Bibby Offshore has secured a contract with TAQA for subsea construction works in the Eider field, located 184 km north-east of Shetland.
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has been awarded a significant contract with TAQA for subsea construction works in the Eider field, located 184km north-east of Shetland.
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.
Since its establishment in Dubai in 2003, Al Suwaidi Marine has achieved a remarkable position in the boating industry. ASM is expanding to new markets and is presenting a new line of passenger boats, especially for Oil & Gas petroleum companies and touristic projects that require marine transportation.
Oil and gas operators are positioning for potential growth in US offshore wind projects.
Kāti Huirapa Rūnaka ki Puketeraki and Te Rūnanga o Ōtākou have developed a new document that outlines their expectations of on-shore and off-shore oil and gas explorers in their region.
The move follows expressions of interest by a consortium of Total, Exxon Mobil and Hellenic Petroleum for exploration in two sites off the island of Crete, and by Greece's Energean for a block in the Ionian Sea in western Greece.
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.
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.
Oil prices have reached a nearly two-month high triggered by a tightening in the US crude market and the possibility of new sanctions against major producer Venezuela.