:: Dolphin Energy receives bids
Posted: 23 February 2006
Dolphin Energy says it has received early this week technical bids from pre-qualified bidders for its Eastern Gas Distribution System project.

:: Iran Oil Company calls for bids
Posted: 22 February 2006
The Iranian Offshore Oil Company, a subsidiary of National Iranian Oil Company is calling for bids for the conversion of the Alvand drilling rig to a supporting barge for workover operation.

:: Dana Gas to be Shari’a compliant
Posted: 21 February 2006
Dana Gas said yesterday that it will be adhering to Shari’a compliant principles and therefore conducting all of its treasury management, fund investment, depository and accounting activities in accordance with Islamic jurisprudence.

:: Vela to acquire six new crude tankers
Posted: 20 February 2006
Vela International Marine Limited announced on Saturday it has signed contracts with Daewoo Shipbuilding and Marine Engineering Co to build six very large crude carriers (VLCCs) at its Okpo Shipyard in the Republic of Korea.

:: Foster Wheeler picks up Petro-Rabigh contract
Posted: 20 February 2006
Foster Wheeler has been awarded the EPC contract for the utilities and offsites of Petro-Rabigh's integrated refining and petrochemical complex. The multi-billion dollar Petro-Rabigh project is a joint venture between Saudi Aramco and Sumitomo Chemical.

:: Iran seeks multi million dollar deal with China’s Sinopec
Posted: 20 February 2006
Iran wants to sign a multi billion dollar deal with China’s Sinopec before the UN Security Council votes for economic sanctions, said Iranian oil ministry officials to Wall Street Journal’s online edition on Friday.

:: Mubadala, Dubal to build largest single site smelter complex
Posted: 20 February 2006
Mubadala Development Company and Dubai Aluminium Company (Dubal) signed a joint protocol and a joint development agreement yesterday to make the UAE a first-tier player and a global force in the aluminium industry.

:: Parker Drilling forms joint venture with Saudi’s Al-Rushaid
Posted: 20 February 2006
Parker Drilling and Abdullah Rasheed Al-Rushaid Company for Drilling Oil and Gas Limited have formed a joint venture company which will perform four drilling contracts, each with a term of three years with a one year option.

:: Thule Challenge sold to Atlantic Marine Offshore
Posted: 20 February 2006
Thule Challenge, Thule’s semisubmersible was sold to Atlantic Marine Offshore Services in Dubai for $40 million. The submersible was previously bought last year by Thule Drilling from Momentum Engineering in Dubai along with another submersible, renamed Thule Phoenix from Atwood Oceanic in USA.

:: Doha-based master planners appointed for Qatar’s Energy City
Posted: 20 February 2006
Doha-based MZ & Partners was appointed the lead master planners and architects for Energy City Qatar, a multi-billion dollar investment by Gulf Energy.

:: High quality light crude found in Libya
Posted: 20 February 2006
Repsol YPF has made a new discovery of high quality light crude oil in the Murzuq basin, in Libya with a preliminary production of 2,300 barrels per day.

:: Seismic data in Yemen’s Block 22 reprocessed
Posted: 20 February 2006
Oracle Energy reports that reprocessing of seismic data in Yemen’s Block 22 is currently underway. Once completed, further exploration plans for the block will be formulated.

:: SPD completes high risk well abandonment in Dubai
Posted: 20 February 2006
SPD has completed a multi-million dollar turnkey project for the Government of Dubai. The high risk abandonment of well Hom-2 onshore Dubai was completed ahead of schedule, within budget, with no injuries to personnel and no well control incidents.

:: Women challenged to take on the world of engineering
Posted: 20 February 2006
To overcome this perception, ExxonMobil holds the annual Introduce a Girl to Engineering Day programme. More Than 2,500 middle school girls are expected to participate in the programme at ExxonMobil Locations across the US during the National Engineers Week

:: ExxonMobil announced 100 percent reserves replacement for 12 consecutive years
Posted: 20 February 2006
ExxonMobil Corporation said that additions to its worldwide proved oil and gas reserves totalled 1.7 billion oil-equivalent barrels in 2005, excluding the effects of using single-day, year-end pricing.

:: Fire destroys parts of Tehran's oil refinery
Posted: 20 February 2006
Officials are attributing the fire to a leak in one of the master cylinders of the facility. But suspicion exists on the sabotage of part of the installation due to the increasing deterioration of the conditions in Iran.

:: OHM restructures
Posted: 20 February 2006
Offshore Hydrocarbon Mapping restructures. Board Robert (Bob) Auckland has now taken up his position as Finance Director. Concurrent with his appointment, the Company is progressing with the evolution of its Board, reflecting its development from a University spin out to a significant public company.

:: A million dollar boat to care for seafarers
Posted: 20 February 2006
A project that aims to raise a million dollar boat to care for seafarers was launched in Dubai on Wednesday.