Lamprell is in the frame for upgrade work on three jack-up drilling rigs ahead of their move to the Gulf region.
Energean has made a commercial gas discovery in Block 12 offshore Israel, bolstering its beliefs in the potential of the Olympus Area.
Keppel O&M has won a deal worth around $97 million with Saudi Arabia’s Public Investment Fund-affiliated company, ADES, for two jack-up rigs.
The UN is working on raising the funds for the implementation of its plan to address a threat posed by an FSO unit off the Yemen coast.
Rystad Energy expects public E&P companies to break prior records as profits are set to reach a 70 per cent increase in 2022.
Oil and shipping company Monjasa, in collaboration with energy company Uniper and biofuel producer Neutral Fuels, has completed its first blending and supply of marine fuels in the United Arab Emirates (UAE).
Energean has revealed that its FPSO for the Karish project located offshore Israel has sailed away from Singapore.
Masdar and Reliance Industries want to explore opportunities for collaboration in green hydrogen, which is a priority for the UAE and India.
Gulf Marine Services (GMS) has won a new long-term deal for one of its small-size class vessels with a higher day rate.
‘Actions, not words’ perfectly summarizes the general feeling of environmental activists who took the front line in fight against fossil fuels industry and its supporters. Living up to their creed, however, is the maritime sector which has also stepped up efforts on a global level to adopt more envi
The Fourth Construction, a unit of CNCEC, has signed an EPCF deal with Daewoo Gas to build a new LNG terminal in Pakistan.
Offshore drilling contractor Seadrill has secured contracts totalling $404 million for three jack-up rigs in the Middle East.
QatarEnergy has awarded a major EPC contract for the North Field LNG expansion to a JV between Técnicas Reunidas and Wison.
Subsea 7 has reported a revenue of $1.2 billion in the first quarter of 2022, an increase of $197 million or 20% compared to Q1 2021, said to reflect strong growth in the Subsea and Conventional business unit. According to the UK-based company, the increase in revenue is impacted by significant acti
