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Business Developments & Projects

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Qatar Petroleum to take full control of QG1
Business Developments & Projects

Qatar Petroleum to take full control of QG1

Qatar Petroleum has decided to take over full ownership of the Qatargas Liquefied Natural Gas Company (QG1) on 1 January 2022.

about 5 years ago
Snam inks hydrogen MoU with Mubadala
Business Developments & Projects

Snam inks hydrogen MoU with Mubadala

Italian energy infrastructure operator Snam has signed a memorandum of understanding with Mubadala Investment Company to collaborate on joint investment and development initiatives on hydrogen.

about 5 years ago
A Shelf Drilling rig
Business Developments & Projects

Shelf Drilling clinches two-year extension in Egypt

Offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up drilling rigs for operations in Egypt.

about 5 years ago
A jack-up drilling rig
Business Developments & Projects

Offshore drilling set for two consecutive years of growth, Rystad says

After a challenging 2020, oil and gas demand recovery – supported by vaccinations and OPEC+ cuts – is proving good for drilling activity, Rystad said.

about 5 years ago
Saipem will for for the North Field project for Qatargas
Business Developments & Projects

Saipem nets new deal with Qatargas worth over $1 billion

Saipem has received from Qatargas a letter of award worth over $1 billion related to the North Field Production Sustainability Pipelines Project.

about 5 years ago
Qatar Petroleum pens LNG supply deal with Sinopec
Business Developments & Projects

Qatar Petroleum pens LNG supply deal with Sinopec

Qatar Petroleum has put pen to paper on a 10-year LNG sale and purchase agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec).

about 5 years ago
Qatar Petroleum issues tender to charter LNG fleet
Business Developments & Projects

Qatar Petroleum issues tender to charter LNG fleet

Qatar Petroleum has issued an invitation to tender to a large group of shipowners as it aims to firm up long-term LNG carrier charters to cover its future production increase.

about 5 years ago
offshore platform
Business Developments & Projects

Oil demand recovery at risk over vaccination hiccups, Rystad says

Vaccination hiccups could prevent the recovery of up to 1 million bpd of oil demand in 2021, Norwegian energy intelligence company Rystad Energy has said.

about 5 years ago
Wilson Sons acquires stake in a tech startup Docktech
Business Developments & Projects

Wilson Sons takes stake in tech startup Docktech

Brazil’s port and maritime logistics operator Wilson Sons revealed investment in an Israeli startup to measure navigational depth in ports.

about 5 years ago
Photo of DP3 M/V Pride vessel (Courtesy of Expro Group)
Business Developments & Projects

Expro and FTAI Ocean form well intervention vessel alliance

International oilfield service company Expro Group has formed an exclusive alliance with global vessel provider FTAI Ocean for the supply of the DP3 M/V Pride vessel that will deliver full light well intervention services to the subsea oil and gas sector.

about 5 years ago
Block 50 off Oman, which contains the Yumna field
Business Developments & Projects

Masirah ramps up Yumna field capacity with upgrades

Oil and gas company Masirah Oil has completed the upgrade of the Yumna field process facilities located in Block 50 offshore Oman.

about 5 years ago
Photo of Benjamin Lehner and Tjerk Suurenbroek opening the webinar (Courtesy of DMEC)
Business Developments & Projects

Large-scale demonstrations key to attracting marine energy investments

As the transition to renewable energy gains pace worldwide, marine energy and its predictable and reliable nature, backed by versatile application potential, is bound to find its place in the future energy mix. However, the sector first needs to demonstrate its ability to go large-scale to attract b

about 5 years ago
Petrofac
Business Developments & Projects

Petrofac suspended from competing for new ADNOC contracts

Oilfield services provider Petrofac has been suspended by UEA’s oil and gas giant ADNOC from competing for new contract awards until further notice.

about 5 years ago
Photo of Purnima Jalihal (Courtesy of IEA-OES)
Business Developments & Projects

IEA-OES names new Vice-Chair of ExCo

The IEA Technology Collaboration Programme on Ocean Energy Systems (OES) has appointed Purnima Jalihal as new Vice-Chair of the OES Executive Committee.

about 5 years ago
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