Technip Enters Middle East Subsea Market

• Tuesday, 3rd July 2012
• by Egypt Oil & Gas

French oilfield services firm Technip said Monday that an award from Dubai Petroleum marks the firm's entry in the Middle Eastern subsea market.

Transocean may raise $1 bln from rig sale

• Monday, 18th June 2012
• by Egypt Oil & Gas

Transocean , owner of the world's largest offshore drilling fleet, has put its Middle East rig assets up for sale, in a deal likely to raise $1 billion for the Switzerland-based company, three sources said.