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Business Developments & Projects

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Samsung C&T bags LNG expansion deal from Qatar Petroleum
Business Developments & Projects

Samsung C&T bags LNG expansion deal from Qatar Petroleum

Qatar Petroleum has contracted Samsung C&T Corporation for the expansion of the LNG storage and loading facilities in Ras Laffan, as part of the North Field East project.

about 5 years ago
Photo showing the start of works on the seawall in the Port of Jaffa (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power preps seawall for wave energy floaters

Swedish-Israeli wave energy developer Eco Wave Power has started preparation works for the installation of floaters on the seawall of the Port of Jaffa in Israel.

about 5 years ago
QP inks LNG supply deal with Pakistan's PSO
Business Developments & Projects

QP inks LNG supply deal with Pakistan’s PSO

Qatar Petroleum has secured a new long-term deal for the delivery of liquefied natural gas (LNG) to Pakistan.

about 5 years ago
ADNOC
Business Developments & Projects

ADNOC fleet expansion to add 12 million barrels cargo capacity

ADNOC Logistics & Services, the shipping and maritime logistics arm of ADNOC, is expanding its fleet with the acquisition of six VLCCs.

about 5 years ago
Photo of Eco Wave Power's Gibraltar wave power plant (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power narrows 2020 losses

Swedish-Israeli onshore wave energy technology company Eco Wave Power has released financial results for 2020, which show a slight decrease in net loss compared to the results posted a year earlier.

about 5 years ago
Shelf Drilling Journey
Business Developments & Projects

Shelf Drilling delivers sold rig to ADNOC Drilling

Offshore drilling contractor Shelf Drilling has completed the previously announced sale of a jack-up rig to ADNOC Drilling.

about 5 years ago
Illustration; Source: Petrobras
Business Developments & Projects

Rumours of $100 oil return as crude recovers from Covid grip

While the oil price collapse is still fresh in our minds, rumours are starting to emerge that by the end of next year prices could once again top $100 a barrel.

about 5 years ago
Hamriyah facility - Lamprell
Business Developments & Projects

Lamprell wins Marjan field job from Saudi Aramco

Lamprell has been awarded an engineering, procurement, construction, and installation contract by Saudi Aramco as part of the long-term agreement programme.

about 5 years ago
Shelf Drilling Tenacious rig isbeing used to drill Masirah wells
Business Developments & Projects

Masirah Oil spuds exploration well off Oman

Oil and gas company Masirah Oil has spudded the Zakhera 1 well, located offshore Oman, using the Shelf Drilling-owned Tenacious jack-up rig.

about 5 years ago
Eco Wave Power scoops Global Innovation Award 2021
Business Developments & Projects

Eco Wave Power scoops Global Innovation Award 2021

Eco Wave Power, a Swedish-Israeli wave energy developer, won the public vote for this year’s Global Innovation Award at Abu Dhabi Sustainability Week.

about 5 years ago
North Field off Qatar;
Business Developments & Projects

Saipem lands $1.7 billion worth deal with Qatargas

Saipem has received a Letter of Award from Qatargas for the development of the North Field Production Sustainability Offshore Project, located off Qatar.

about 5 years ago
Shelf Drilling Tenacious rig is drilling Yumna wells for Masirah Oil
Business Developments & Projects

Masirah Oil brings third Yumna well online

Oil and gas company Masirah Oil has started production from the third development well drilled in the Yumna field located in Block 50 offshore Oman.

about 5 years ago
The Shell-operated Appomattox deep-water asset.
Business Developments & Projects

Big oil output to peak lower and earlier than expected, Rystad says

The world’s oil and gas industry’s production will peak lower and earlier than expected before the 2020 market crisis, a Rystad Energy analysis shows.

about 5 years ago
Floating WINDdesal (FWD) floating wind-desalination module for 30,000 m3 of water per day
Business Developments & Projects

Middle East could get its first offshore wind turbine with new desalination project

A new technology development could soon bring a floating offshore wind turbine to Middle East as part of a desalination project that combines a seawater desalination plant and a wind turbine, both supported by a floating semi-submersible structure. The development of Floating WINDdesal (FWD), a “flo

about 5 years ago
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