OceanBased Perpetual Energy has entered into partnership with advisory and investment firm GAK Capital to support the development of the project looking to capture the power of Florida’s Gulf Stream and convert it to clean electricity.
Oil and gas company Mubadala Petroleum, a subsidiary of Mubadala Investment Company, has appointed Mansoor Mohamed Al Hamed as its CEO.
The Saudi Arabian government and port operator Hutchison Ports have signed an agreement to invest and operate JCPDI Port which comprises multipurpose terminals within the Jazan City for Primary and Downstream Industries (JCPDI).
Qatar has been put back on track to become the world’s largest LNG producer by 2030, following Qatar Petroleum’s decision to approve the construction of the $30 billion North Field Expansion project.
Sapura Energy subsidiaries and joint venture have been awarded contracts and contract extension with a combined value of about $457.5 million.
ADNOC has signed an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 4 to Japan’s Cosmo Energy.
Kentech has made a move to buy SNC-Lavalin’s oil and gas business in an effort to accelerate its growth strategy and address the energy transition.
LNG giant Qatar Petroleum has taken the final investment decision for developing the North Field East Project (NFE).
Eco Wave Power has secured the engineering coordination permit for the installation of ten floaters for the ‘EWP-EDF One’ wave energy project in the Port of Jaffa in Israel.
Oman LNG, the state-owned operator of the liquefied natural gas terminal in Qalhat near Sur, has named Hamel Al Naamany as its new chief executive officer.
Drilling of high-impact wells in 2020 suffered at the hands of the pandemic, but the overall results were nevertheless positive, Rystad Energy reveals.
Qatar’s Nakilat, the world’s largest LNG shipper, reported its highest profit since inception.
Ocean Energy Systems (OES), a program within the International Energy Agency (IEA), has published a new guidance paper to respond to the need to have a completely objective evaluation of how ocean energy technology performs against key criteria.
Coastal Contracts and its partner JUB Pacific are entering the liftboat business with plans to pursue expansion in the oil and gas as well as venturing into the offshore wind market.
