Tuesday 22 July 2014
Oilfield services

Scottish oilfield firm expands in Mideast

Scotland-based oilfield service company Romar International has entered a two year agreement with Step Oiltools to represent the company in the Middle East. This agreement follows on from a successful contract already in place wit


Renaissance sells unit to UK Interserve for $46m

Oman's Renaissance Services has sold its oilfield maintenance services unit Topaz Oil and Gas, based in the United Arab Emirates, to Interserve for $46 million, a bourse filing said on Sunday. The UK-based support services and


Gulf Capital buys stake in oil field services firm

Gulf Capital is buying a controlling stake in OCB Oilfield Services, which provides crews and logistics for oil rigs, to boost its exposure to the sector, said the UAE-based private equity firm in a statement. Gulf Capital, which


Major oilfield services base launched in Bahrain

The state-of-the-art Bahrain Oilfield Services base of Schlumberger, the world’s largest oilfield services company with headquarters in Houston, was inaugurated yesterday. The Jebel Al Dukhan base was inaugurated by Finance Minist


AlMansoori opens office in Uganda

AlMansoori Specialized Engineering (MSE), a leading Abu Dhabi-based oilfield service company, has expanded its operations into East Africa by opening its first office in Kampala, Uganda. Newly appointed base manager George Chesnaye will he


Saipem wins $904m Kuwait, Angola deals

Italian oilfield services company Saipem has won two contracts worth around 580 million euros ($903.5 million) for onshore projects in Kuwait and Angola, it said in a statement. The Kuwait contract is for construction of a gas booster stat

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