:: MIS names the region’s first new-build jack-up
Posted: 15 January 2008
UAE-based Oil and Gas fabrication specialists Maritime Industrial Services (MIS) undertook the naming ceremony of the very first offshore jack-up drilling rig to be built in the Middle East region, SeaWolf Oritsetimeyin.

:: Yemen announces 25 pre-qualified companies in offshore bid
Posted: 15 January 2008
Yemen ’s Ministry of Oil and Minerals has pre-qualified 25 oil companies to participate in the 4th International Bid Round for the offshore blocks that was announced on August 8, 2008.

:: Qatar dishes 500 million euro deal to Areva
Posted: 15 January 2008
French nuclear reactor maker, Areva, through its Transmission and Distribution division (T&D) was awarded its greatest contract ever, with Kahramaa, the Qatar General Electricity and Water Corporation, totaling almost 500 million euros.

:: Aabar Energy completes sale of drilling unit
Posted: 15 January 2008
Abu Dhabi-based private petroleum investment firm, Aabar Energy, has completed the sale of its drilling unit as it pursues plans to focus on oil and gas production following a surge in earnings, the company said.

:: Algeria opens up for bidding
Posted: 15 January 2008
Algeria has opened bidding for 15 oil and gas blocks in its long-delayed seventh licensing round, the Algerian newspaper El Watan reported on its website on Monday.

:: Aabar gets Mubadala offer for Pearl
Posted: 15 January 2008
Aabar Petroleum Investments Company has received an offer from Mubadala Development Company (Mubadala) to acquire 90% of the issued shares in Pearl Energy Limited (Pearl), Aabar’s wholly-owned exploration and production subsidiary.

:: Qatargas loads 1000th delivery to Japan
Posted: 15 January 2008
Qatargas celebrated the loading of its 1000th liquefied natural gas (LNG) cargo under its long term sales and purchase agreements with its Japanese buyers, the company has announced.

:: Ex-KOC chief joins Dana Gas executive team
Posted: 15 January 2008
Former Chairman and Managing Director of Kuwait Oil Company (KOC), Ahmed Rashid Al-Arbeed, has joined the management team of Dana Gas as Executive Director, Upstream, UAE-based Dana Gas has announced.

:: GE Oil & Gas turbine deal with Qafco
Posted: 15 January 2008
Qatar Fertilizer Company (Qafco) has signed a letter of intent (LOI) with GE Oil & Gas for the supply of gas turbine and compressor technology for an expansion project that will result in one of the world’s largest fertilizer plants.

:: IEA urges more investment in oil capacity expansion
Posted: 15 January 2008
Oil producers need to pump more funds into projects to lift their production capacity to meet growing world demand and avert a possible supply shortage, according to the International Energy Agency (IEA).

:: Fluor wins $334 million KOC contract
Posted: 15 January 2008
Energy construction services Fluor Corporation was awarded a five-year $334 million consultancy services contract to provide overall program management on several projects for Kuwait Oil Company (KOC).

:: Adnoc sets in new corporate identity
Posted: 15 January 2008
Adnoc Distribution has adopted a new logo and corporate identity, the company has announced.

:: Honeywell to provide automation solutions for BP E&P
Posted: 15 January 2008
Honeywell announced a six-year agreement with BP Exploration to provide Main Automation Contractor (MAC) services at the oil and gas leader’s new and existing facilities.

:: Nexans Norway and E-marine reach subsea cable deal
Posted: 15 January 2008
Nexans Norway and E-marine PJSC, a leading solution provider for submarine cable in the Middle East Region have signed an MoU for broad range collaboration in providing Submarine Repeaterless cable solution in the Middle East market, the company has announced.