News / International
Fugro awarded 3.5 year service contract Middle East
Fugro Survey (Middle East) Limited has been awarded a 3.5 year extension to their existing contracts with engineering and construction company, J. Ray McDermott (J. Ray), for the provision of survey, positioning and Remotely Operated Vehicle (ROV) services in the United Arab Emirates, Qatar, India and Saudi Arabia. J. Ray currently operate four major work barges in the region as well as a large number of other support vessels. Zamil Group and Petrofac establish new joint venture in Saudi Arabia
Petrofac, the international oil & gas facilities service provider, has established a Joint Venture agreement with Zamil Group Holding Company to create and operate a new service centre facility in the Kingdom of Saudi Arabia. Oman forecasts 2010 oil price
Oman expects oil prices to range between $70 and $80 a barrel in 2010, some 40% to 60% more than the $50 estimate the country is using for to calculate its budget, Oman's national economy minister said. Petrotechnics secures its move into the Middle East with $1million contract win
Petrotechnics, the global leader in transforming the efficiency and effectiveness of frontline operations in the oil and gas industry, has announced the first deployment of its electronic integrated safe system of work (ISSOW) solution in the Middle East. Testing operations on Omani oil discoveries to commence
Tethys and partner CCED (Oman) Ltd (operator) have contracted MB Petroleum LLC to provide the MB 49 work over rig to conduct testing operations on Blocks 3 and 4 onshore Oman. The 450 hp rig is currently being mobilized on Block 3 and testing operations will begin in the next couple of days. The Barik sandstone, which displayed excellent oil shows whilst drilling, was not fully evaluated at the time and will now be tested Dana Gas achieves revenue of AED 359 million in the third quarter
Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, has announced its financial results for the quarter ending 30th September 2009. Qatar to boost LNG exports to China
Qatar has agreed to boost supplies of liquefied natural gas to China by at least 5 million tonnes a year from early next decade, the world's largest LNG exporter said. Global oil demand to see growth in Q4 – IEA
Global oil demand will grow in the fourth quarter of 2009, its first year-on-year increase in fuel use since the second quarter of 2008, the International Energy Agency said. 
