Ensco entered into a three-year contract with NDC for a new premium jackup, ENSCO110. This newbuild rig is scheduled to begin operations later this month offshore United Arab Emirates at a rate of approximately US$114,000 per day. NDC鈥
Protecting, inspecting and repairing pipelines in the shallow waters of the Middle East isn鈥檛 as easy as it sounds. Elaine Maslin reports. McDermott鈥檚 DP2 offshore construction support vessel Thedbaud Sea in the Middle East鈥
Infield Systems鈥 Catarina Podevyn takes a look at recent oil price movements and market conditions on the deepwater (500m+) capex spending up to 2019. Olympus platform in deepwater US Gulf of Mexico鈥
In a break from the energy industry鈥檚 current contraction trend of spending cuts, employee layoffs, contract delays and cancellations, Abu Dhabi National Oil Co. (ADNOC) recently announced plans to spend more than US$25 billion on various offshore fields鈥
Golder Associates has appointed Dr. Hisham Mahmoud as its president and CEO. He will be based in Atlanta, Georgia. Dr. Mahmoud鈥檚 career spans some 27 years, the majority of which has been in diversified global engineering and construction companies鈥
UAE-based rig builder and fabrication firm Lamprell has been awarded a jackup construction contract by Abu Dhabi's National Drilling Co. (NDC). Image of the Muhaiyimat for National Drilling Co鈥
Baker Hughes Inc. issued its international rig count that showed 1251 rigs operating worldwide in March 2015 outside of the US and Canada. Unsurprisingly, global rig counts have dropped significantly due to an approximate 50% drop in crude oil prices since 2014鈥
Drill rig fleet operators are dropping dayrates as the market is squeezed due to the precipitous fall in global crude price. Industry insiders say dayrate bargaining by upstream companies is the play of the day. Rigs operating in the Middle East are particularly exposed鈥
Dubai-based Drydocks World has completed a rig refurbishment project on Abu Dhabi-based National Drilling Company鈥檚 (NDC) offshore drilling rig jackup Beynouna in record time. The work on rig Beynouna, which included dry docking, hull treatment鈥
Schlumberger released the ACTive Straddle coiled tubing real-time multiset inflatable packer, which provides all functions needed to isolate and treat multiple zones on a single run without coming out of the well, which reduces intervention time and optimizes production鈥
LR Senergy and EnergyOne formed a strategic alliance to support business development in Norway and internationally. LR Senergy鈥檚 Norway business, Senergy, has been acquired through a management buy-out and will now trade under the company name of EnergyOne AS鈥
Saudi Aramco awarded KBR, Inc. (NYSE: KBR) a six-year project management contract to provide project management services for Saudi Aramco鈥檚 offshore program. Under the terms of the contract, KBR will provide project management and engineering鈥
Phase 12 of the giant South Pars gas field has been brought online in a ceremony involving Iranian president Hassan Rouhani. Phase 12, described as the biggest phase of the development of the South Pars field, officially launched operation鈥
Norway's Kvaerner has chosen Dubai-based Drydocks World to fabricate components for Statoil's Norwegian North Sea Johan Sverdrup riser platform jacket. Drydocks World will carry out the fabrication of pile clusters and floatation鈥
Dubai-based fabrication and engineering firm Lamprell has delivered the jackup drilling rig Greatdrill Chaaru to Greatship Global Energy Services within budget and ahead of schedule. Construction of the rig was undertaken on a fast-track鈥
