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British Petroleum (BP) Oman has charged Petrofac to carry ‘development of a central processing facility (CPF) at the Khazzan Phase Two (Ghazeer) gas development with a contract estimated at $800 million. The contract is the second received by the oilfield Read more
After several unsuccessful exploration attempts at the Risha gas field, British Petroleum (BP) made it public on Monday that they have begun drilling at the first well last week. A four year authorization to end in 2013 was handed over Read more
Although it is yet to be officially announced, there are rigs up for grab in the Middle East according to anonymous sources close to Transocean. Among one of the sources, “there are about 30 rigs for sale and the equity Read more