Rovop expands in Middle East with new base
A north-east supplier of remotely operated vehicles (ROVs) has opened a new base in the Middle East as part of its expansion drive.
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Total, Adnoc launch unconventional gas exploration programme
Total and Abu Dhabi National Oil Company (Adnoc) have agreed to launch an unconventional gas exploration programme.
Wood ties up contracts worth £40m with Adnoc Onshore
Energy service giant Wood has secured three new contracts worth more than £40 million with a subsidiary of Abu Dhabi National Oil Company (Adnoc).
Ades buys 12 rigs from Weatherford for £94m
Drilling company Ades International Holding has bought 12 onshore rigs from Weatherford in Kuwait for £94 million.
Total CEO steps into the eye of Saudi storm as other bosses balk
Total SA boss Patrick Pouyanne proved once again that he’ll go where other business leaders fear to tread.
Scotland axes plan for Saudi trade post
The Scottish Government has U-turned on plans to recruit a trade specialist to drive up business between Saudi Arabia and domestic energy firms.
BHGE in $550m swoop for Adnoc Drilling stake
Oil field service giant Baker Hughes, a GE company (BHGE) will buy a 5% stake in Adnoc Drilling for $550 million.
Saudi Crown Prince’s 2021 Aramco IPO deadline is daunting test
One of the biggest-ever mergers in the oil industry. The largest corporate bond sale on record. The most lucrative initial public offering in "human history." The timetable: two and a half years.
UAE a great place to work, but don’t expect to find ‘rowies’, gateway event hears
The United Arab Emirates is a great place to live and work, but you can’t get a decent rowie “for love nor money”, a businessman said at an event in Aberdeen yesterday.
Rotech celebrates Middle East contracts
Rotech Subsea, of Aberdeen, has netted two lucrative deals worth a total of more than £760,000 for work in Saudi Arabia.
Libya forces quash gunmen after attack on state oil company
Libyan security forces overcame gunmen who attacked the state oil company’s headquarters as militias and government-backed forces clashed in the North African country’s capital.
Oil Plus inks deals worth £625k in Middle East, India
An oil and gas consultancy owned by a north-east entrepreneur secured contracts worth more than £625,000 in the Middle East and India in July and August.
Plans gather pace for Aberdeen-UAE gateway event
Plans are gathering pace for a new event which is set to link the north-east of Scotland with Abu Dhabi and the wider United Arab Emirates later this year.
Three missing after explosion rips through oil tanker
Three crew members are missing after an explosion ripped through an oil tanker off the coast of Oman.
Petrofac bags £290m contract in Iraq
Petrofac has been awarded a contract worth around £290 million by Basra Oil Company (BOC) for expansion of the central processing facility in the Majnoon Field, Southern Iraq.
Sparrows registered to operate in Saudi Arabia
Aberdeen energy service firm Sparrows Group has secured a commercial registration to operate in Saudi Arabia.
Saudis suspend oil shipments via Bab el-Mandeb after attack
Saudi Arabia took the extraordinary measure of temporarily halting oil shipments via the Bab el-Mandeb Strait, a key shipping lane for crude at the southern tip of the Red Sea, after two tankers were attacked by the Yemeni Houthi militia.
Conoco carries on exploring despite North Sea sell-off speculation
US oil major ConocoPhillips confirmed yesterday that it was exploring in the North Sea at a time when doubts are being cast on its desire to stay in the region long term.
DNO gets £48m payment for Tawke oil deliveries
Norwegian oil firm DNO has been paid £47.8million from the Kurdistan Government for crude oil deliveries from the Tawke license.
North Sea and Middle East player DNO picks up Iraq production
North Sea and Middle East-focussed operator DNO has announced a two-thirds increase in production from the Peshkabir field in Iraq.
Petrofac seals Iraq deals worth $110m
Oil service firm Petrofac has secured a new contract award and extensions worth more than $110 million for work in Iraq.
Deep Casing Tools nets £2.25m Middle East deal, hires new regional manager
An Aberdeen-headquartered oil field technology firm has won a new contract worth about £2.25 million to supply equipment to an unspecified operator in Saudi Arabia.
‘Catastrophic’ damage at oil terminal following armed assault
Libya’s National Oil Corporation (NOC) has reported a “catastrophic” damage at an oil terminal after an armed assault.
Armed clashes disrupt loadings at Libyan oil terminals
Oil loadings at two major terminals in Libya have been halted due to armed clashes in the area.
Saipem bags $1.3bn Middle East contract
Italian contractor Saipem has been awarded a pipeline project in the Middle East worth about $1.3 billion.