Houston headquartered oil, gas and water treatment specialist, ProSep has appointed a General Manger for the Middle East as it plans for significant growth in the region.Ryan McPherson joins the company from the Industry Technology Facilitator (ITF)…
TQ Construction and Drilling Training Center Inaugurated in Dammam.Leading representatives from Saudi’s oil and gas sector gathered in Dammam on Thursday, February 27, to launch the newest Saudi Petroleum Services Polytechnic (SPSP), the Construction and Drilling Training Center…
Dana Gas PJSC, a publicly-listed natural gas company in the Middle East, has announced the appointment of Patrick Allman-Ward as the new Group CEO for the company with effect from September 1, 2013.The company, which is listed on the Abu…
Keppel delivers its 45th KFELS B Class jackup rig with another 18 such rigs on order.These KFELS B Class rigs make up more than 30% of the total jackups completed globally since 2000. The rig was delivered to Arabian Drilling Company (ADC) 14 days ahead of schedule…
The National Shipping Company of Saudi Arabia (Bahri) sells 'Saudi Diriyah' for recycling.The sale of the general purpose cargo vessel raised the sum of SAR. 30,257,136 generating a net gain of SAR 19,523,391 after deducting its book value and all expenses associated with the sale…
The very large crude carriers (VLCC's) will load at Ras Tanura terminal for deliveries to a US Gulf Coast port next month.The very large crude carriers will each load 280,000 metric tons of oil at Saudi's Ras Tanura terminal between April…
Keppel FELS complete two rigs early for Transocean and Asia Offshore Drilling, earning a combined US$1.5-milliion bonus.Over two consecutive days Keppel FELS held naming ceremonies for twin jackup rigs built for Transocean, and another jackup rig built for Asia Offshore Drilling (AOD)…
SpiceRack: CGGVeritas & Saudi Aramco join in major R&D collaboration to develop seabed seismic acquisition.Five months after CGGVeritas and Saudi Aramco signed a Memorandum of Understanding (MOU) for collaborative research and the development of geophysical acquisition…
McDermott awarded North Dome and PDM projects for Saudi Aramco in the Abu Safah, Marjan and Safaniya fields in the Arabian Gulf.The two projects consist of six topsides and a bridge that connects to the existing Marjan facilities. In addition…
Quadrise Fuels International PLC, emerging supplier of MSAR®, a low cost alternative to heavy fuel oil, place ordinary shares on market.Application has been made for the 50,000,000 Placing Shares to be admitted to trading on AIM and dealings are expected to commence on 9 October 2012…
Inchcape Shipping Services (ISS) launched new operations in the Kingdom of Saudi Arabia, providing ISS with a presence in one of the largest industrial and project-orientated economies within the Middle East. In creating the new entity, ISS…
In yet another sign that the offshore oil and gas business in the Middle East continues to grow at breakneck speed, Grandweld Shipyards won a contract to design, build, and deliver three 33.5M Fast Aluminum Crew Boats for Zamil Offshore. The contract was signed by Sufyan Al Zamil…
Tidewater Inc. announced today a second quarter net loss for the period ended September 30, 2011, of $4.9 million, or $0.09 per share, on revenues of $250.9 million. For the same quarter last year, net earnings were $19.4 million, or $0…
Tidewater Inc. (NYSE: TDW) said that fiscal second quarter financial results for the three months ending September 30, 2011, are currently expected to reflect vessel revenues that are below the $255 million to $260 million range provided by the Company during its August 4…
Keppel FELS Limited (Keppel FELS) has secured a contract from Aramco Overseas Company B.V., a subsidiary of Saudi Aramco, to build a customized KFELS Super B Class jackup rig. The contract is subject to a notice from the owner to proceed with construction by May 2010…