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MacArtney Group has established a new office in Dubai to expand its reach in the Middle East, North Africa (MENA), and India, aiming to enhance local support and drive regional growth.

Business Developments & Projects

MacArtney opens UAE office to expand regional presence

Denmark-based underwater technology specialist MacArtney has established a new office in Dubai, UAE, to expand its reach in the Middle East, North Africa (MENA), and India, aiming to enhance local support and drive regional growth. According to MacArtney, the move aligns with the company’s strategy

about 1 year ago

Business Developments & Projects

NetZero Tech Ventures backs ammonia cracking technology company CatAmmon

Venture capital company NetZero Tech Ventures will invest in CatAmmon, a company developing an advanced ammonia cracking catalyst that could reduce costs while cutting the carbon emissions in the hydrogen supply chain.

about 1 year ago

Business Developments & Projects

ZEMBA accepting bids for e-fuel-focused tender

Zero Emission Maritime Buyers Alliance (ZEMBA) is now accepting bids for its e-fuel-focused tender.

about 1 year ago

Business Developments & Projects

Italy’s Eni to off-take renewable energy from Albania via planned 1 GW subsea link

Italy’s energy major Eni has secured the status of a preferred off-taker of renewable energy transmitted from Albania to Italy through a planned 1 GW subsea interconnector by signing an agreement with Emirati partners. Eni’s Chief Executive Officer Claudio Descalzi has signed three collaboration agr

about 1 year ago

Chevron-operated Leviathan gas asset; Source: NewMed Energy

Business Developments & Projects

Chevron and partners seek additional capacity boost at Mediterranean gas field

Chevron and its partners in a giant natural gas field project off the coast of Israel have submitted an updated reservoir development plan to the Petroleum Commissioner at the Ministry of Energy and Infrastructures for an additional expansion of the field’s capacity.

about 1 year ago

Business Developments & Projects

Lloyd’s Register Foundation and World Economic Forum team up on nature-positive ports

Lloyd’s Register Foundation and the World Economic Forum have partnered to accelerate the transition to nature and people-positive ports.

about 1 year ago

Business Developments & Projects

New rig job lands on Seatrium’s table

Seatrium has emerged as the winner in an international tender from International Maritime Industries (IMI), said to be the largest shipyard in the Middle East and North Africa (MENA) region, for the supply of equipment and license for jack-up rig destined to work in the Middle East.

about 1 year ago

Al Shaheen field in Qatar; Source: North Oil Company (NOC)

Business Developments & Projects

UK player staying on duty at giant oil field offshore Qatar for five more years

EnerMech has landed a multi-year contract extension with North Oil Company (NOC), a joint venture between QatarEnergy (70%) and TotalEnergies (30%), for work at an oil asset, which is said to be the largest field off the coast of Qatar.

about 1 year ago

Business Developments & Projects

Valaris pensions off semi-sub trio, offloads jack-up, and picks up new drilling work for multiple rigs

Valaris has taken steps to optimize its rig fleet by deciding to put three semi-submersible units out of drilling work for good and divest a stacked jack-up rig. The rig owner has also won a new batch of drilling assignments spanning geographies.

about 1 year ago

Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and President and CEO of QatarEnergy; Source: QatarEnergy

Business Developments & Projects

QatarEnergy’s CEO pins oil, gas, and renewables as ingredients of ‘resilient’ energy supply

While discussing the tools required to meet energy demands and move forward with the transition to low-carbon and green sources of supply, the CEO of QatarEnergy has emphasized the importance of diversifying the energy mix by feeding oil and gas alongside renewable energy to its global arsenal.

about 1 year ago

Tungsten Explorer drillship; Credit: Greg Williams

Business Developments & Projects

TotalEnergies and Eni sign on dotted line for Cyprus gas exports through Egypt

TotalEnergies and Eni have struck a deal with Cyprus and Egypt to develop a gas discovery named after the god of time in ancient Greek mythology by exporting the natural gas from the field off the coast of Cyprus through Egypt.

about 1 year ago

AD140 jack-up rig; Source: Arabian Drilling

Business Developments & Projects

Saudi and UAE rig owner duo pooling resources to widen offshore drilling horizons

Shelf Drilling has decided to join forces with Arabian Drilling to expand their offshore drilling footprint.

about 1 year ago

Valaris DS-12 drillship; Source: Valaris

Business Developments & Projects

BP boosts gas production from Mediterranean Sea as it fires up next chapter of giant project

BP has brought online the second development phase of a field at the West Nile Delta (WND) concession in the Mediterranean within the Egyptian Exclusive Economic Zone (EEZ).

about 1 year ago

ADNOC Gas' Das Island LNG facility; Source: HS Switchgear FZCO

Business Developments & Projects

$7-9 billion gas deal strengthens India-UAE LNG ties

ADNOC Gas has landed a multi-year liquefied natural gas (LNG) supply agreement worth billions with Indian Oil Corporation, fortifying energy bonds between the United Arab Emirates (UAE) and India.

about 1 year ago