Industry

Drydocks World completes repair of NDC jack-up rig

Drydocks World and NDC teams in front of jack-up rig Al Ittihad - EDITDubai-based Drydocks World announced today that it has completed a major repair and refurbishment project on the National Drilling Company’s (NDC) jack-up drilling rig, Al Ittihad

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Lamprell PUQ deck breaks Guinness World Records for heaviest load

Lamprell CEO Jim Moffat  Guinness World Records adjudicator Samer Khallouf - EDITLamprell is celebrating after breaking the Guinness World Records for the ‘heaviest load moved by self-propelled modular trailers (SPMTs)’ for its 13,191.98 mt PUQ deck commissioned by Nexen Petroleum UK

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Kuwait Oil Company reveals US$4 billion profit

oilrefinery Hourann BosciThe Kuwait Oil Company (KOC) has announced it has made a total of US$4bn profit for 2013-14

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Iraq and Saudi Arabia see rise in crude exports in February 2014

barrel saudi- L.C.Nøttaasen wikimediaIraq and Saudi Arabia crude oil exports rose by 26 per cent and 3.5 per cent respectively in February 2014, according to the Joint Organisations Data Initiative (JODI)

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Gulf consortium to buy National Petroleum Services in the UAE

NPSA consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corporation (APICORP) have signed a deal to acquire Dubai-based oilfield services firm National Petroleum Services (NPS)

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