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Business Developments & Projects

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SOHAR Port and HYNAT to develop natural hydrogen value chain in Oman
Business Developments & Projects

SOHAR Port and HYNAT to develop natural hydrogen value chain in Oman

SOHAR Port and Freezone has signed a memorandum of understanding (MoU) with Swiss company HYNAT to develop a natural hydrogen value chain in Oman.

about 1 year ago
Shelf Drilling Fortress jack-up rig; Source: Shelf Drilling
Business Developments & Projects

Shelf Drilling fleet staying busy with new UK contract and Egypt extension

UAE-headquartered offshore drilling contractor Shelf Drilling has secured one new contract and one extension for two vessels from its fleet.

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about 1 year ago
Valaris DS-15 drillship; Source: Valaris
Business Developments & Projects

Billion-dollar rig jobs raise Valaris’ backlog to $4.7B

Valaris has won a new batch of rig assignments and extensions, enabling three drillships and three jack-ups to secure work in different geographies.

about 1 year ago
SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz
Business Developments & Projects

SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz

Offshore Energy has launched a summer sale with up to 50% off on advertising packages, ending on July 31. Use this opportunity to book your advertising campaign and multiply ways to increase exposure to the industry! Get 15% off for one, 25% off for two, and 50% off for three products or more. Conta

about 1 year ago
NextGeo finalizes acquisition of share in 61-year-old Italian subsea services firm
Business Developments & Projects

NextGeo expands into new regions via acquisition of share in 61-year-old Italian firm

Italy-headquartered Next Geosolutions (NextGeo) has signed a sale and purchase agreement for the acquisition of 75.4% of the share capital of a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening it

about 1 year ago
ACWA Power inks new deals for hydrogen and renewable power export to Europe
Business Developments & Projects

ACWA Power inks new deals for hydrogen and renewable power export to Europe

Saudi developer of green hydrogen plants ACWA Power has sealed several agreements and memoranda of understanding (MoUs) with international partners to work on creating a green hydrogen and renewable energy export value chain between Saudi Arabia and Europe.

about 1 year ago
Chevron-operated Leviathan gas asset; Source: NewMed Energy
Business Developments & Projects

‘Exciting’ marine phenomenon at offshore gas platform ignites spark of scientific research

CSA Ocean Sciences Inc. (CSA), a marine environmental consulting firm, has shed light on a scientific discovery at an offshore natural gas platform in the Mediterranean Sea, which has spurred subsequent investigation among faculty members at Tel Aviv University and collaborating partners in the regi

about 1 year ago
FSRU Energos Winter; Source: Energos Infrastructure
Business Developments & Projects

Egypt weeks away from upping its security of gas supply with another FSRU

A floating storage and regasification unit (FSRU), owned by Energos Infrastructure, formed by a joint venture between the U.S. energy infrastructure player New Fortress Energy (NFE) and Apollo Global Management, has secured a multi-year deal for deployment at a liquefied natural gas (LNG) import ter

about 1 year ago
DP World
Business Developments & Projects

DP World to breathe new life into Syria’s Port of Tartus

The UAE-based logistics heavyweight DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus.

about 1 year ago
AD-80 offshore drilling rig
Business Developments & Projects

Arabian Drilling scores contract extensions for five jackups

Saudi Arabia’s Arabian Drilling has signed a contract extension for one of its rigs with Khafji Joint Operations (KJO), a joint venture between Aramco Gulf Operations Company and Kuwait Gulf Oil Company.

about 1 year ago
Vallourec's orders surge with ADNOC, CNOOC and PetroChina deals
Business Developments & Projects

Vallourec’s orders surge with ADNOC, CNOOC and PetroChina deals

French provider of tubular solutions Vallourec has secured a number of new contracts under which it is set to deliver oil country tubular goods (OCTG) to the UAE’s Abu Dhabi National Oil Company (ADNOC), as well as CNOOC and PetroChina in Iraq. ADNOC has placed an order described as significant for

about 1 year ago
ADNOC Gas' Das Island LNG facility; Source: HS Switchgear FZCO
Business Developments & Projects

Germany’s SEFE and UAE’s ADNOC Gas strengthen energy ties with LNG deal

Germany’s Securing Energy for Europe (SEFE) has expanded its liquefied natural gas (LNG) arsenal through a multi-year LNG supply agreement with ADNOC Gas, a subsidiary of the UAE-headquartered ADNOC, bolstering Europe’s energy security.

about 1 year ago
Tekmar receives order for Middle Eastern pipeline project
Business Developments & Projects

Tekmar receives order for pipeline project in Middle East, seen as key market

UK-headquartered Tekmar Group has secured a contract under which it shall supply bespoke subsea infrastructure technology for a pipeline project in the Middle East. The scope covers the design and manufacture of specialist reinforced concrete support structures for a large-diameter gas pipeline, wit

about 1 year ago
Photo of L&T Umbilical
Business Developments & Projects

JDR Cable Systems wins service deal for offshore umbilical testing in Middle East

UK-based manufacturer of subsea and power cables, JDR Cable Systems, part of TFKable Group, has secured a service contract with an Indian multinational enterprise engaged in engineering, Larsen & Toubro (L&T), to test 14 umbilical cables for offshore platforms in the Middle East. According to JDR Ca

about 1 year ago