Middle East

Qatar Petrochemical and Materia collaborate on downstream research and development

Submitted by Paddy Harris on 5th June 2014

05th June 2014

Qatar Petrochemical and Materia collaborate on downstream research and development

Materia and Qatar Petrochemical Company (QAPCO) have forged a partnership, through a memorandum of understanding (MoU), to further reinforce their collaborative research and development efforts, and to study the development of the next generation of materials produced from Qatar’s existing feedstocks

Iraq oil production surges for DNO International

Submitted by Paddy Harris on 5th June 2014

05th June 2014

Iraq oil production surges for DNO International

DNO International has announced that production from the Tawke field in the Kurdistan region of Iraq reached 120,021 barrels of oil per day in May, the first time average monthly production has exceeded 100,000 barrel per day

Weatherford chooses Metso valve technology for Middle East oilfield upgrade

Submitted by Paddy Harris on 5th June 2014

05th June 2014

Weatherford chooses Metso valve technology for Middle East oilfield upgrade

Weatherford Oil Tools Middle East has chosen Metso's valve technologies for an oil production upgrade project in the region

Peak Well Systems opens Dubai technology centre

Submitted by Paddy Harris on 3rd June 2014

03rd June 2014

Peak Well Systems opens Dubai technology centre

Peak Well Systems has opened a new technology centre in Dubai dedicated to its growing customer base in the Middle East and North Africa

Gazprom Neft launches production at Badra oilfield in Iraq

Submitted by Paddy Harris on 2nd June 2014

02nd June 2014

Gazprom Neft launches production at Badra oilfield in Iraq

The central gathering station (CGS) is currently undergoing complex testing of its crude oil processing system before full commercial production begins

Petsec increases operations in Yemen

Submitted by Paddy Harris on 30th May 2014

30th May 2014

Petsec Energy has signed an agreement with Mitsui E&P Middle East to acquire its 8.5 per cent participating Interest in the Block 7, Al Barqa Permit, in the Republic of Yemen

Petroceltic fail to find commercial reservoirs at wells in Iraq, Romania and Egypt

Submitted by Paddy Harris on 30th May 2014

30th May 2014

Petroceltic fail to find commercial reservoirs at wells in Iraq, Romania and Egypt

London-listed Petroceltic International has failed to find worthwhile reservoirs in three of its plays, with two drills coming back dry and the third water logged

Precision Drilling wins Middle East newbuild rig contract

Submitted by Paddy Harris on 29th May 2014

29th May 2014

Precision Drilling wins Middle East newbuild rig contract

Precision Drilling has announced that it has been awarded a contract for a new build 1500 horsepower rig that will operate for one of its existing customers in the Middle East with deployment expected in mid-2015

Clearwater sells jack-up rig to Arabian Drilling

Submitted by Paddy Harris on 29th May 2014

29th May 2014

Clearwater sells jack-up rig to Arabian Drilling Company

Clearwater Capital Partners, through an entity wholly owned by private investment funds managed by Clearwater, has completed the sale of a Keppel FELS B Class jack-up with hull number B351 to Arabian Drilling Company (ADC)