Abu Dhabi National Oil Co. (ADNOC), through its LNG unit, signed two liquefied natural gas supply deals with Vitol and Total.
Heerema Marine Contractors’ heavy lift vessel Aegir has completed the installation of North Oil Company’s Al-Shaheen Gallaf 1 Project offshore Qatar.
LNG giant Qatar Petroleum has established and started operations of QP Trading, as its dedicated LNG trading arm.
A joint venture between Euronav and International Seaways has been awarded a 10-year contract extension for FSO duo operating on the Al-Shaheen field.
The fiscal year 2020 has ended at Siemens Gamesa Renewable Energy (SGRE), which reported a decline in revenues, but also a record order intake. In its outlook, the wind turbine supplier sees boosts in several markets, such as the green hydrogen plans in the EU, Democrats’ push for net-zero 2050 in t
Energy intelligence firm Rystad Energy believes that if Trump should win it may make oil prices great again while Biden effect is more mixed.
The Covid-19 pandemic and energy transition are expected to expedite peak oil demand to 2028 and cut demand levels to 102 million bpd, according to Rystad Energy.
UAE-based offshore oil rig builder Lamprell has been awarded a medium-sized contract by International Maritime Industries (IMI) for engineering design services.
With the energy transition well underway not only in the energy production area, but in almost all other industries, the shipping sector also needs to be looking at what fuels will be used to power the ships in the near future. Naval Architect Harry Linskens from DEKC Maritime has discussed efficien
An analysis by Rystad Energy has revealed that one quarter of the global floater rig fleet could be scrapped as the Covid-19 pandemic accelerates restructuring in the offshore drilling market.
Saudi Arabia’s Bahri, the world’s largest owner and operator of very large crude carriers (VLCCs), closed the third quarter of this year with a 114% rise in its net profit that was attributed to improvement in operations.
The oil and gas sector is joining the energy transition, with net-zero pledges from the big oil and gas names already widely familiar. While its move towards the fully green and clean side of things is being done slowly and safely, the industry has encountered a push or two from the circumstances ar
Oil major BP has started gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.
Oil production costs have reached a new low, making deepwater one of the cheapest sources of new supply, according to Rystad Energy.
