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Business Developments & Projects

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Noble Clyde Boudreaux rig - Noble Corp.
Business Developments & Projects

Three Noble rigs coming back from warm-stack for new gigs

Noble Corporation has won several new contracts for its fleet of drilling rigs, which will see three of its units come back from the warm-stack mode.

about 5 years ago
Abu-Dhabi-Jack-Up-Owner-Wins-First-Offshore-Wind-Contract-in-China
Business Developments & Projects

Abu Dhabi jack-up owner wins first offshore wind contract in China

The UAE-based Zakher Marine International (ZMI) has secured its first contract to provide a jack-up vessel for an offshore wind project in South China. Mobilized from the shallow waters of Abu Dhabi, ZMI’s jack-up QMS Gladiator arrived at the deeper South China Sea loaded on a heavy lift on 10 March

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about 5 years ago
Qatar Petroleum takes aim at new LNG carrier designs
Business Developments & Projects

Qatar Petroleum takes aim at new LNG carrier designs

Qatar Petroleum has signed a multi-party deal with a number of LNG players to develop new medium and large liquefied natural gas carrier designs.

about 5 years ago
Illustration/SIMEC Atlantis' AR1500 tidal turbine (Courtesy of SIMEC Atlantis Energy)
Business Developments & Projects

IEA-OES releases 2020 annual report on ocean energy

Ocean Energy Systems (OES), a technology collaboration programme within the International Energy Agency (IEA), has provided an overview of ocean energy activities in 2020 in its newly released annual report.

about 5 years ago
Petronas inks MoU with ADNOC
Business Developments & Projects

Petronas inks energy collaboration deals with ADNOC and Masdar

Malaysia’s LNG giant Petronas signed two Memoranda of Understanding (MoU) with United Arab Emirates-based Abu Dhabi National Oil Company (ADNOC) and Masdar for collaboration across the energy value chain.

about 5 years ago
Eni
Business Developments & Projects

Prime International buys Eni’s Pakistan assets

Italian oil and gas company Eni reached an agreement to sell its shares in its entities in Pakistan to Prime International Oil&Gas Company.

about 5 years ago
Cairn is selling its interest in the Catcher field
Business Developments & Projects

Cairn sells stakes in two UK fields, buys Shell assets in Egypt

Cairn Energy has made two deals, one for the sale of its interests in two UK fields and the other for the purchase of Shell’s assets in Egypt.

about 5 years ago
ADES International rig; Source: Transocean
Business Developments & Projects

Saudi Arabian investment fund to buy ADES International

Innovative Energy has made an all-cash $12.5 per share offer to take UAE-based oil & gas drilling and production services provider ADES International into Saudi hands.

about 5 years ago
OPEC
Business Developments & Projects

OPEC and allies extend oil production cuts into April

OPEC and allies on Thursday decided to extend oil production cuts into April 2021, while offering small exemptions to Russia and Kazakhstan.

about 5 years ago
An Equinor platform offshore Norway - Rystad Energy
Business Developments & Projects

Offshore project commitments poised for new record, Rystad says

Offshore project commitments are set to reach a new record in the five-year period towards 2025, a Rystad Energy report says.

about 5 years ago
Photo of Eco Wave Power's wave energy technology (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power eyes Nasdaq US listing

Swedish-Israeli wave energy company Eco Wave Power has confidentially submitted a draft registration statement for the proposed listing on Nasdaq US stock exchange market.

about 5 years ago
Mohamed bin Zayed; Source: His Twitter page ADNOC
Business Developments & Projects

ADNOC: Crown Prince of Abu Dhabi takes chair of new board

The Crown Prince of the Emirate of Abu Dhabi and the de facto ruler of Abu Dhabi Mohamed bin Zayed bin Sultan Al Nahyan, better known under his initials MBZ, has been named the chairman of the board of directors of state oil firm Abu Dhabi National Oil Company (ADNOC).

about 5 years ago
Illustration (Courtesy of UNEP FI)
Business Developments & Projects

UNEP FI releases guide on blue financing for sustainable ocean recovery

United Nations Environment Programme Finance Initiative (UNEP FI) has released a new guidance on blue finance to help banks, insurers and investors take action on the transition of ocean sectors to a sustainable future.

about 5 years ago
ADNOC
Business Developments & Projects

ADNOC buys Middle East assets of UK-based offshore logistics provider

ADNOC Logistics & Services has made a move to acquire all of the UAE-based assets of Speedy Hire, a UK provider of tools and equipment.

about 5 years ago