More than 2000 exhibiting companies and over 60,000 oil and gas professionals from 127 countries are expected at this week鈥檚 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), at Abu Dhabi's national exhibition center, ADNEC鈥
Baker Hughes Inc. issued the October 2014 international rotary drilling rig count today, showing a total of 1308 rigs operating worldwide in October 2014, outside of the US & Canada. International activity in October was down 15 rigs from the 1323 rigs drilling in September 2014鈥
BP awarded Emerson Process Management a US$40 million contract to be the main automation contractor for the Shah Deniz Stage 2 development project in the Azerbaijan sector of the Caspian Sea. Upon the terms of the agreement, Emerson will鈥
Noble Energy has targeted an early 2018 start-up date for its giant Leviathan gas field off Israel, according to its 3Q earnings statement. In addition, the Houston-based independent received government approval for a gas delivery point for the field in the northern part of Israel鈥
The latest EIC Monitor report paints a mixed picture of activity across the global upstream sectors in 3Q 2014, with a large decline in upstream activity. The global oil and gas industry has followed a gentle downward trajectory of project鈥
Gulf Marine Services, the leading provider of advanced self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors, has won a major new contract for one of its Large Class vessels. The鈥
Saipem has secured a new contract for the Perro Negro 7 jackup, currently operating offshore in the Middle East, starting from November 2015 until the end of 2018. Perro Negro 7 is a self-elevating drilling unit capable of operating in water depth up to 375ft鈥
Dubai based offshore fabrication firm Lamprell has completed the second Caspian Sea jackup drilling rig, the Mercury. Lamprell said completion of the rig, the EDC-2, built for Eurasia Drilling, was a milestone for the group, particularly as it has been built under challenging conditions鈥
Tamar partners and Dolphinus Holdings Ltd. signed a letter of intent for the supply of natural gas from the Tamar project located offshore Israel, to Dolphinus for use in Egypt. Map of Tamar field. From Noble鈥
Aqualis 云顶赌场老虎机, part of Oslo鈥檚 Aqualis, recently won three contracts from different companies for several services. ONGC awarded Aqualis 云顶赌场老虎机 with a nine month contract to provide rig moving and marine warranty services offshore India鈥
Production has started on the Umm Lulu oil field offshore Abu Dhabi, Inpex Corp. said today (17 October). Umm Lulu is about 30km northwest of Abu Dhabi city. Inpex subsidiary Japan Oil Development Co. jointly developed the field with Abu Dhabi National Oil Company (ADNOC)鈥
Malaysian state-owned oil firm Petronas has bought Statoil鈥檚 stakes in the BP-operated Shah Deniz project from Norway鈥檚 Statoil for US$2.25 billion. Statoil says the move, which sees it exit the Shah Deniz project, is part of its portfolio management鈥
Baker Hughes Inc. issued the September 2014 international rotary drilling rig count today, showing a total of 1323 rigs operating internationally in September 2014, outside of the US & Canada. The worldwide rig count for September 2014 was 3659鈥
N. Foster Mellen analyzes West African transactional activity and drilling rig data, which indicates a promising future for the region. Continuing strong upstream transaction activity in West Africa bodes well for the oil and gas industry鈥
Dana Gas Egypt signed a gas production enhancement agreement (GPEA) with the Egyptian Natural Gas Holding Co. (EGAS) and the Egyptian General Petroleum Co. (EGPC). According to the agreement, announced 30 September, Dana Gas will begin a 7-year program in the next few months鈥
