Petrofac secures US$75 million contract with South Oil Company
Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP). The one-year contract, with a one-year option, was awarded following a competitive tender and Petrofac, as the incumbent, plans to build on its four-year track r ...BP's Rumaila oilfield achieves 3 billion barrel production landmark
Production increased by more than 40% since BP joined partnership to redevelop Rumaila oilfield in 2010 Oil production rate highest in 27 years Around $200 billion generated for the Iraqi economy Production boosted by new technologies, refurbishment of existing assets and one of the largest wat ...Operational update from Genel Energy
Genel Energy plc ('Genel' or 'the Company') issues the following update in respect of the Taq Taq field (Genel 44% working interest). The third and final well of the 2016 Taq Taq drilling programme, TT-16y, has been successfully drilled and completed in the main Shiranish reservoir. The well is nat ...Genel Energy make cretaceous discovery at Peshkabir-2
Genel Energy plc ('Genel' or 'the Company') notes the announcement made this morning by DNO ASA, as operator of the Tawke licence (Genel 25% working interest). The Peshkabir-2 well currently drilling on the Tawke PSC has discovered oil in the Cretaceous horizon in the southern flank of the Pes ...DNO Makes Cretaceous Oil Discovery at Peshkabir
DNO ASA, the Norwegian oil and gas operator, today announced that the Peshkabir-2 well currently drilling in the Kurdistan region of Iraq has discovered oil in the Cretaceous horizon in the southern flank of the Peshkabir field. The well flowed at a stable rate of 3,800 barrels of 28 ° API ...Gulf Keystone - Shaikan Crude Export Route Update
Gulf Keystone, operator of the Shaikan Field in the Kurdistan Region of Iraq, is today providing an update on the Shaikan crude export route. The Kurdistan Regional Government's Ministry of Natural Resources ("MNR") is to begin exporting all Shaikan crude production via trucks to Turkey, from the en ...Restrata provides new security solution for firms in Basrah
A security system which brings together up-to-the-minute information on key security developments in Iraq and the implications for companies operating in the region will launch this month. Restrata's new web-based portal is set to go live and will serve as a platform to provide reporting and longer ...Jacobs awarded contract extension by Saudi Aramco
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it received an amendment from Saudi Aramco for its general engineering services (GES) contract. While officials did not disclose the contract value, the five-year extension builds on the framework of the original contract signed in 2011. Ser ...TUV SUD NEL Signs Service Agreement in Saudi Arabia
TUV SUD NEL and the Arabian Calibration Company (ACC) have signed a long-term agreement to deliver meter calibration and flow measurement services within the Kingdom of Saudi Arabia (KSA). The agreement will see TUV SUD NEL supporting ACC in the creation and ongoing delivery of a number of servi ...Alderley Dammam successfully achieve ISO 9001:2015 Certification
Alderley Dammam, a subsidiary of Alderley plc, is proud to announce that it has been certified to ISO Standard 9001:2015 Quality Management Systems. Alderley Dammam's quality management system is applicable to the Design, Manufacture and Testing of Oil and Gas modular packages which includes meterin ...Wood Group secures multi-million dollar framework agreement with Saudi Aramco
Wood Group has secured a five year, multi-million dollar framework agreement to continue to provide engineering and project management services to Saudi Aramco's onshore capital programmes in the Kingdom of Saudi Arabia. Effective immediately, the contract also includes three, one year extension o ...Cape awarded insulation work packages for Jazan Project in the Kingdom of Saudi Arabia
Cape plc (CIU.LN), an international leader in the provision of critical industrial services to the energy and natural resources sectors, is pleased to announce Cape RB Hilton has been awarded three substantial insulation work packages from Nasser S. Al Hajri Corporation (NSH) for the Jazan project ...Shell to Sell stake in Sadaf Chemicals joint venture in Saudi Arabia to Sabic
Shell and SABIC have signed an agreement whereby SABIC will acquire Shell's 50% share in the petrochemicals SADAF joint venture, located in Jubail, Kingdom of Saudi Arabia for $820 million. The SADAF joint venture encompasses six world-scale petrochemical plants with a total output of more than 4 m ...Statoil donates 5 million NOK to Red Cross efforts in Syria
Statoil donates 5 million NOK to Red Cross to help the situation of people affected by the war in Syria. Due to the war we are seeing a humanitarian catastrophe in Syria, and especially the situation in the town of Aleppo is critical. In Aleppo thousands of desperate people are living in the midst ...
ATHENS, Greece--(BUSINESS WIRE)--The Petroleum Council of Israel has announced its approval of the acquisition of 100% of the Karish and Tanin Natural Gas Fields by Energean Oil & Gas (“Energean” or “the Company”) from Delek Drilling and Avner. The transaction, estimated to be valued at $148m, is be ...
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