Qatargas Operating Company (Qatargas) has completed the first-ever commercial ship-to-ship (STS) transfer of LNG cargo involving a Q-Flex LNG vessel.
SHUAA Capital, an asset management and investment banking platform, has completed a debt buyout of Stanford Marine Group’s $308 million facility.
Westwood has reported that 72 high-impact wells were drilled in 2020, which is below 2019 level when 99 wells were drilled. In 2021, Westwood’s projections indicate that activity could at least reach 2020 levels with the potential to reach up to 100 wells.
ADES International is searching for a new Chief Financial Officer (CFO) following the resignation of Khaled Hassan, the group’s current CFO.
Gulf Marine Services (GMS) has secured a long-term contract for the GMS Evolution following a trial of the vessel’s Cantilever Workover System.
United Arab Chemical Carriers Limited (UACC), the Dubai-headquartered international shipping company, has entered into a definitive merger agreement to be acquired by United Overseas Group Ltd, a company controlled by Peter Georgiopoulos and Leonidas Vrondissis. The transaction is structured as a re
The LNG and energy engineer, McDermott International has been contracted to deliver front-end engineering and design (FEED) work for Qatar Petroleum’s North Field South (NFS) project.
Gulf Marine Services (GMS) has agreed on an extension for the conclusion of improved terms for debt structure with its banks.
An international consortium led by Total and EGAS have signed an exploration and production agreement a block located offshore Egypt
The first shipment, destined for Emirates Global Aluminium (EGA)’s Al Taweelah alumina refinery, arrived at Khalifa Port’s South Quay, marking the commencement of operations at the newly launched facility, UAE-based port operator Abu Dhabi Ports said.
The Covid-19 pandemic has devastated crude and condensate demand, creating massive supply surpluses and filling up inventories, according to Rystad.
Eni has signed a concession agreement for the acquisition of a 70% stake in a block off Abu Dhabi, leading a consortium including Thailand’s PTTEP.
Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels to the offshore energy industry, has won contract extensions for two K-Class (small) vessels.
Offshore drilling firm Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.
