:: Global Santa Fe signs largest drilling contract with Aramco
Posted: 05 June 2006
Offshore oil and gas drilling contractor GlobalSantaFe said it has signed a contract with Saudi Aramco to provide four jack-up rigs for four-year terms commencing in the first half of 2007.

:: Sasref Inks Deals for Automation Job
Posted: 05 June 2006
Saudi Aramco Shell Refinery Co. (Sasref) recently signed two major contracts for Phase II of the Refinery Instrumentation Master Plan Projects.

:: Dolphin Energy spearheads coral mapping
Posted: 05 June 2006
The first-ever map of Southern Gulf coral reefs is being produced through a joint research project between the UAE and Qatar. The preliminary map was released today by Mr Majid Al Mansouri, Board Member of EWS/WWF, at a ceremony held at the Abu Dhabi Cultural Foundation in the capital yesterday.

:: Marathon completes sale of Russian businesses to LUKOIL
Posted: 05 June 2006
Marathon Oil said that it has completed the sale of its Russian oil exploration and production businesses in the Khanty-Mansiysk Region of Western Siberia to OAO LUKOIL.

:: New safety record for Adnoc
Posted: 05 June 2006
Abu Dhabi National Oil Company’s subsidiaries, National Drilling Company (NDC) and Abu Dhabi Company for Onshore Operations (ADCO) announce that a drilling rig has achieved an internationally significant record.

:: Indago hopes for Ras Al Khaimaah oil
Posted: 05 June 2006
Independent company Indago and the government of Ras Al Khaimah, one of the emirates in the UAE entered into a new petroleum concession, in addition to a joint operating agreement with the Ras Al Khaimah Gas Commission (Rakgas).

:: Qatar Gas Transport Company to acquire another 10 LNG Carriers
Posted: 05 June 2006
In another high profile acquisition program for Qatari projects, Qatar Gas Transport Company Ltd. (Nakilat) has been awarded 25 year timecharters by Qatar Liquefied Gas Company Limited 3 (QG3) for 7 “QFlex” and 3 “QMax” LNG carriers.

:: Oil majors help Indonesian earthquake victims
Posted: 05 June 2006
The earthquake that devastated the central region of the island of Java around the city of Yogyakarta killed thousands of people and destroyed several thousand homes, leaving more than 5,000 people dead and over 200,000 people homeless.

:: Schlumberger celebrates 50 years in Oman
Posted: 05 June 2006
Schlumberger has marked 50 years of operations in Oman at a ceremony and reception held in Muscat attended by oil and gas dignitaries and executives.

:: Wood Group acquires Algerian company SOMIAS Spa
Posted: 05 June 2006
A subsidiary of international energy services company John Wood Group PLC (“Wood Group”) has acquired SOMIAS Spa, a maintenance and fabrication support provider serving the Algerian oil and gas and petrochemical industries. Wood Group will hold a 55% share and Groupe Asmidal, an Algerian Group and Somias’ current parent, will retain 45% ownership.

:: Norwegian first for bioethanol
Posted: 05 June 2006
The first pump dispensing bioethanol (E85) in Norway opened at Statoil's Storo service station in Oslo.

:: Keppel wins S$96 million conversion contract from Maersk Contractors
Posted: 05 June 2006
Keppel Shipyard has secured the conversion of a tanker to a floating production storage offloading facility (FPSO) from Maersk Contractors for approximately S$96 million.

:: Lundin Petroleum to acquire Valkyries Petroleum
Posted: 05 June 2006
Lundin Petroleum is to acquire all the outstanding shares of Valkyries in exchange for Lundin Petroleum shares in an all share transaction. Valkyries shareholders will receive one Lundin Petroleum share for each Valkyries common share held.

:: Invensys lands major control contract for Middle East oil field
Posted: 05 June 2006
Invensys has won a major contract to supply Foxboro and Eurotherm control equipment for use on the West Quarna and Misrif oil fields in southern Iraq.

:: Chevron enters ethanol and biodiesel
Posted: 05 June 2006
Chevron said it has formed a biofuels business to produce and distribute ethanol and biodiesel in the United States. The unit will operate within Chevron Technology Ventures, a subsidiary dedicated to identifying, developing and commerci alising emerging energy technologies.

:: Foster Wheeler bags safety award for the fourth consecutive year
Posted: 05 June 2006
Foster Wheeler Ltd has for the fourth consecutive year, won the Royal Society for the Prevention of Accidents (RoSPA) President's Award for Occupational Health and Safety.

:: Halliburton’s manager receives women excellence award
Posted: 05 June 2006
Ingrid Robinson, manager of Halliburton’s Global Supplier Diversity Pr ogramme, was selected as one of the “100 Women Impacting Supplier Diversity” and as one of the 2005 Women of Excellence honorees by Women’s Enterprise magazine. The magazine is a national bi-monthly news publication targeted to corporate professionals and women’s business enterprises.