Aqualis ASA’s subsidiary Aqualis Offshore has signed a rig moving service contract with Saudi Aramco
Technology
NDC launches five new rigs in UAE
National Drilling Company (NDC) in the UAE has inaugurated five new rigs for the maintenance of oilwells, which are part of NDC’s fleet expansion plans that cover onshore and offshore operations
SCPE acquires stake in UAE’s Topaz Energy and Marine (Bermuda)
Standard Chartered Private Equity (SCPE) has announced the acquisition of a minority stake in offshore support vessel operator Topaz Energy and Marine (Bermuda) through an equity investment of US$75mn
Oil Search Limited carried out planned blowout preventer (BOP) tests at the Taza-2 well in Kurdistan Region of Iraq (KRI)
Kuwait has received bids from four international consortiums for the engineering, procurement and construction (EPC) of Al Ratqa heavy crude project, with UK’s Petrofac submitting the lowest offer