Energean has completed its acquisition of Edison E&P. Energean has also entered into new gas sales agreements to supply the gas in Israel.
Masirah Oil has started drilling a second development well in the Yumna field located offshore Oman, using the Shelf Drilling-owned Tenacious jack-up rig.
Greek gas grid operator DESFA has been awarded the operation and maintenance services of Liquefied Natural Gas Import (LNGI), the new liquefied natural gas terminal of the Kuwaiti state company KIPIC.
The world is on track to run out of sufficient oil supplies to meet its needs through 2050 unless exploration speeds up, Rystad Energy reveals.
Global demand for offshore helicopter transport to offshore facilities plunged in 2020 as a result of the Covid-19 pandemic, a Rystad Energy report shows.
Brent crude oil prices reached highest levels since March as news of another promising coronavirus vaccine raised hopes of a quicker recovery in oil demand, while U.S. President-elect Joe Biden received the go-ahead to begin his leadership transition.
The last jacket foundation produced for the Moray East offshore wind farm at Lamprell’s yard in Hamriyah has now been unloaded from OHT’s Hawk heavy transportation vessel in the Port of Nigg. The vessel arrived at the Port of Nigg on 12 November with the last batch of ten jackets, completing its sec
Investments from global E&P in 2021 are projected to reach around $380 billion, almost flat year-on-year, a Rystad Energy report shows.
Chemical services company AquaChemie Middle East, part of the UAE-based AquaChemie Group, today broke ground on its petrochemical terminal in DP World’s flagship, Jebel Ali Port, Dubai. The specialized bulk storage terminal will have a total envisaged capacity of around 40,000 CBM, out of which 35,0
Following the Covid-19 pandemic and the oil price crash in early 2020, for some players in the oil and gas sector consolidation may be the only way to stay solvent.
Qatari LNG shipping giant Nakilat has completed the second phase of its fleet management transition from Shell International Trading and Shipping Company Limited (Shell).
Subsidiaries of oil and gas services provider Sapura Energy has won several contracts worth RM611 million (around $148.4 million).
Total has signed a strategic framework agreement with ADNOC to explore joint research in the areas of CO2 emission reductions and CCUS.
Achieving a more sustainable system will require a diverse energy mix – if we make the right choices. The energy transition has been talked about for many years, but now the pandemic has given the world an opportunity to make it happen more quickly. During the recently completed 13th Offshore Energy
