Kuwait Oil Company launches oil lakes bidding process
The Kuwait Oil Company (KOC) has started the process of cleaning up Kuwaits oil lakes by issuing a tender as part of the UNs US$3.5bn war compensation programme
Technology
Extending the life of ageing rigs
Ageing rigs can become a cause of worry for oil companies with the decay in metals, the environmental stress on the rigs and the lowering of efficient functioning. Here is a look at ways to combat such problems.
Gulf International Services set to expand drilling services
Qatar-based Gulf International Services (GIS) has revealed it will be expanding its offering of oil and gas drilling services in the MENA region
Daewoo E&C wins petroleum treatment facility contract in Algeria
Daewoo Engineering & Construction (E&C) has announced that it has been awarded a US$647mn order to build petroleum treatment facilities in Algeria by Sonatrach First Calgary Petroleums Limited
MOS acquires rig for Accommodation Service Vessel conversion
Offshore Accommodation Service Vessel (ASV) provider Millennium Offshore Services (MOS) has purchased a LeTourneau 116 Cantilever jack-up rig in order to convert it into an ASV
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