Pipeline Magazine Industry News

16/08/2017 01:09pm
UAE’s Dana Gas reported a marginally higher second quarter net profit as the energy firm as its revenues rose and the cost of finance dropped.
16/08/2017 09:45am
Houston-based KBR, Inc. said it was awarded a project management consultancy contract by Occidental for three of ADNOC’s Abu Dhabi’s upstream gas development projects.
16/08/2017 07:09am
Samsung Engineering has been awarded two contracts worth US$500 million from subsidiaries of Thailand's state-owned oil and gas company PTT for a petrochemical project and a power generation project located in Rayong, 150 km southeast of Bangkok.
16/08/2017 04:50am
Transocean has announced that it is buying Norway's Songa Offshore in a deal valued at around US$3.4 billion that will see it increase its fleet to 51 vessels.
15/08/2017 03:04pm
Schlumberger awarded a contract for two onshore rigs to UAE rig-builder Lamprell, while its Cameron subsidiary reached an amicable settlement with the builder over jacking equipment issues.
15/08/2017 09:00am
BP said started gas production from its US$2 billion Trinidad and Tobago offshore project, the fifth of oil major’s seven upstream start-ups planned for the year.
15/08/2017 08:35am
Sadara Chemical Company (Sadara), a US$20 billion joint venture between Saudi Aramco and U.S. firm Dow Chemical has commissioned the last of 26 plants at its petrochemicals complex in Jubail, Saudi Aramco said.
15/08/2017 07:46am
Australia’s Speedcast International a remote communication and IT solutions company said it was awarded a satellite ground station license to operate in Iraq through its locally licensed entity.
14/08/2017 01:51pm
DNO ASA, Middle East and Africa-focused oil and gas firm has submitted the result of its feasibility studies on Iran's Changuleh Oilfield to the National Iranian Oil Company (NIOC), Iranian oil ministry said.
14/08/2017 09:51am
The INPEX-operated Ichthys LNG Project has welcomed the floating production, storage and offloading (FPSO) vessel Venturer from South Korea that will process and store the condensate from the Ichthys Field.
14/08/2017 09:37am
Delegates at this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) will have more opportunities than ever to hear some of the oil and gas industry’s most powerful executives speak in open-invite conference sessions, after organisers confirmed they will increase the number of Global Business Leader panels for 2017.
14/08/2017 09:20am
Pipeline Magazine’s Nadia Saleem writes about Iran’s ambitious oil and gas production targets and the possible hurdles in its way
14/08/2017 08:54am
Homayoun Falakshahi, senior research analyst for Middle East and North Africa Upstream at Wood Mackenzie speaks to Pipeline Magazine’s Nadia Saleem about Iran’s current oil and gas industry
13/08/2017 01:20pm
Reaching oil-market rebalancing could go beyond the first quarter of 2018 despite a drawdown in global crude inventories, unless producers are convincing in their joint production cut efforts, International Energy Agency said in its August report.
10/08/2017 02:06pm
OPEC oil output rose for a third straight month, up by almost 173,000 barrels per day (bpd) in July due to production increase in Libya, Nigeria and Saudi Arabia - the group’s current leader heralding a production cut.
10/08/2017 11:06am
M2 Subsea has formed an alliance with vessel operator, Harvey Gulf Marine International to provide subsea ROV services in the Gulf of Mexico.
10/08/2017 10:22am
Abu Dhabi National Energy Company PJSC (Taqa) swung to a net profit for the first half of the year on back of higher commodity prices and lower costs.
10/08/2017 10:01am
Houston-based Atwood Oceanics has been awarded a one well contract for its its ultra-deepwater drillship Atwood Achiever by US independent Kosmos Energy for a well off north-west Africa.
09/08/2017 01:58pm
Well-Safe Solutions, a new entrant to the decommissioning market has made its first company acquisition just a week after the North Sea firm launched.
09/08/2017 11:09am
Houston-based technology company KBR said it signed an agreement with Saudi Aramco to expand and develop its services to meet the Kingdom’s localisation targets.