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Over 30 trillion cu ft offshore gas in LebanonOffshore seismic surveys suggest Lebanon has at least 30 trillion cubic feet in just a small fraction of its Mediterranean waters, Energy Minister Gebran Bassil said. Lebanon has selected 46 international oil companies to bid to e More… |
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EnQuest buys into Tunisian offshore assetsGlobal oil and gas explorer EnQuest said it would buy a majority interest in Swedish company Par Resources AB's offshore assets in Tunisia, diversifying further from the UK North Sea region. EnQuest will acquire a 70 per cent More… |
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Drydocks launches global offshore servicesDrydocks World, the largest shipyards engaged in ship repair, conversion, new building, Rigs and offshore construction, has launched its global offshore services arm at a special ceremony organised at Dubai Maritime City, the new business units More… |
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Money fled Cyprus as president fumbled bailoutAs new President Nicos Anastasiades hesitated over an EU bailout that has wrecked Cyprus's offshore financial haven status, money was oozing out of his country's closed banks. In banknot More… |
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Asry in major offshore project successBahrain-based Arab Shipbuilding & Repair Yard (Asry) said its offshore division Asry Offshore Services (AOS) has reported record revenues for 2012. AOS, the offshore division of Arab Shipbuilding & Repair Yard (Asry), is n More… |
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Cyprus inks offshore deal with TotalCyprus has signed a deal with France's Total to search for offshore oil and gas, hailing its anticipated energy bonanza as a way out of austerity it faces due to exposure to indebted Greece. Signing a production sharing agreem More… |
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Gulf ‘benefiting from new focus on offshore’The Gulf region’s increasing focus on offshore oil and gas projects will be a boost to the continuing economic development of the region, said a report. Oil producers are now actively turning offshore in search of oil and ga More… |
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Unique Maritime launches machine rental unitUnique System, a Unique Maritime Group (UMG) company, one of the world’s leading integrated turnkey subsea and offshore solution provider, has launched its new division - On Site Machine Rental in the UAE. Unique System has More… |
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AlMansoori beefs up workforce to meet growthAbu Dhabi-based AlMansoori Specialized Engineering, a leading oil and gas service company, is bolstering its workforce in anticipation of significant growth in 2013 as activity in the Middle East increases. The company has introdu More… |
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Rigs to riches: Offshore salaries soaringWhat jobs offer the highest pay? Investment banking is up there. So is specialist surgery. But salaries on oil rigs have also soared because of a global boom in offshore drilling. But consider t More… |
