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2014-03-20 08:07:00

OMAN TO DELIVER OFFSHORE PLATFORMS

OMAN TO DELIVER OFFSHORE PLATFORMS

AOG. Sohar-based L&T Modular Fabrication Yard (MFY) will deliver five large offshore oil platforms for the Umm Lulu and Nasr Oilfields in Abu Dhabi, managed by Adma Opco.

Scheduled to commence their journey early next week, the five offshore oil platforms produced at the Oman-based yard each weigh over 3,000 Metric Tonnes and will begin their journey next week from the water-front manufacturing complex.

Further highlighting the commitment to skills development in the community, L&T is one of the few companies in the region to have set up a training centre’ campus in Sohar. The Centre provides an induction programme for Omani youth in batches of 40 individuals and conducts ongoing technical training on specialised fabrication techniques, including the welding processes — SAW, SMA and FCA, thus equipping them with the skills and experience to work as qualified welders in the sector.

A significant proportion of the trainees gain full-time employment within the L&T operation, while the in-house training programme allows for non-specialised individuals to enrol for technical training and emerge with more employable skills.

Tags: OMAN, ABU DHABI

Chronicle:

OMAN TO DELIVER OFFSHORE PLATFORMS
November, 20, 09:05:00

INDIA'S GAS WILL UP

REUTERS - India’s natural gas consumption is expected to rise to 70 billion cubic metres (bcm) by 2022 and 100 bcm by 2030, according to a government think tank and the Oxford Institute of Energy Studies, up from 50 bcm now. India burns just 7 percent of what top user the United States consumes in a year with about a quarter of India’s population.

OMAN TO DELIVER OFFSHORE PLATFORMS
November, 20, 09:00:00

NORWAY SELLS OIL & GAS

Norway, which relies on oil and gas for about a fifth of economic output, would be less vulnerable to declining crude prices without its fund investing in the industry, the central bank said Thursday. The divestment would mark the second major step in scrubbing the world’s biggest wealth fund of climate risk, after it sold most of its coal stocks.

OMAN TO DELIVER OFFSHORE PLATFORMS
November, 20, 08:55:00

OIL PRICES UP

WSJ - Light, sweet crude for December delivery rose $1.41, or 2.6%, to $56.55 a barrel on the New York Mercantile Exchange, snapping a three-session losing streak. Brent, the global benchmark, advanced $1.36, or 2.2%, to $62.72 a barrel.

OMAN TO DELIVER OFFSHORE PLATFORMS
November, 20, 08:50:00

U.S. RIGS UP 8 TO 915

U.S. Rig Count is up 327 rigs from last year's count of 588, with oil rigs up 267, gas rigs up 61, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 24 rigs from last year's count of 184, with oil rigs up 9 and gas rigs up 15.

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