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Business Developments & Projects

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Kuwait Petroleum Company
Business Developments & Projects

Another oil & gas discovery of ‘great importance’ springs up offshore Kuwait

Kuwait Petroleum Corporation (KPC) has confirmed a large hydrocarbon discovery at an offshore field in the country’s territorial waters, bolstering its expectations of discovering more offshore oil and gas to boost the country’s energy arsenal.

about 1 year ago
A man and a woman standing next to each other
Business Developments & Projects

ADNOC’s $10B gas supply deal boosting UAE’s energy transition

ADNOC Gas, an affiliate of Abu Dhabi National Oil Company (ADNOC), has entered into a long-term strategic partnership with Emirates Water and Electricity Company (EWEC), the procurer and supplier of water and electricity in Abu Dhabi. The duo has also signed a gas sales and purchase agreement (GSPA)

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about 1 year ago
Illustration; Source: ADNOC Logistics and Services
Business Developments & Projects

Navig8 starts commercial management of ADNOC L&S’ tanker fleet

Navig8 has commenced the commercial management of ADNOC Logistics and Services’ (ADNOC L&S’) tanker fleet, comprising 20 vessels.

about 1 year ago
A large screen in a control room with two people sitting in front of it
Business Developments & Projects

Norwegian tech to enhance safety of over 300 assets offshore Qatar

Norway-based software developer Vissim has been hired as a subcontractor to deliver a centralized vessel monitoring and alerting system (CVMAS) to Qatar-based Bin Omran Trading & Telecommunications, which oversees local project management and offshore installation.

about 1 year ago
Sungrow’s production solutions picked for ACME’s ammonia project in Oman
Business Developments & Projects

Sungrow’s production solutions picked for ACME’s ammonia project in Oman

Sungrow Hydrogen has signed a supply agreement with ACME to provide water electrolysis hydrogen production equipment for the latter’s 320 MW green ammonia project in Oman.

about 1 year ago
Valaris DS-9 drillship; Source: Valaris
Business Developments & Projects

ExxonMobil’s drilling ops with Valaris drillship unleash more gas

ExxonMobil has made a new gas discovery in the western region of the Mediterranean Sea, off the coast of Egypt, with a drillship owned by Valaris, an offshore drilling contract.

about 1 year ago
Masdar and Lhyfe partner up for large-scale hydrogen projects in Europe
Business Developments & Projects

Masdar and Lhyfe partner up for large-scale hydrogen projects in Europe

Abu Dhabi Future Energy Company (Masdar) and French renewable hydrogen producer Lhyfe have entered a memorandum of understanding (MoU) to explore potential co-development opportunities in large-scale green hydrogen production projects in Europe.

about 1 year ago
MOL names latest addition to QatarEnergy’s growing LNG fleet
Business Developments & Projects

MOL names latest addition to QatarEnergy’s growing LNG fleet

Japan’s shipping giant Mitsui O.S.K Lines (MOL) has hosted a naming ceremony for a liquefied natural gas (LNG) carrier it is building for QatarEnergy’s historic LNG shipbuilding program.

about 1 year ago
Illustration; Source: Westwood
Business Developments & Projects

$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025

The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based o

about 1 year ago
AM Green partners with DP World to develop green fuels supply chain
Business Developments & Projects

AM Green partners with DP World to develop green fuels supply chain

Indian green hydrogen and ammonia producer AM Green has joined forces with UAE-based logistics group DP World to develop a sustainable supply chain for green fuels and chemicals.

about 1 year ago
Valaris DS-12 drillship; Source: Valaris
Business Developments & Projects

BP eyes first gas months earlier with subsea ops already underway, as Valaris rig moves to next well

UK-headquartered energy giant BP has wrapped up drilling activities at two wells, targeting to bring them on stream next month.

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Business Developments & Projects

BP expands 70-year relationship with US firm through deal spanning its global energy portfolio

U.S.-headquartered science, technology, and engineering player KBR has secured a global agreement, which builds upon the duo’s decades-long relationship with BP, the UK-based energy giant.

about 1 year ago
Eco Wave Power’s wave energy tech endures stormy conditions at Jaffa Port
Business Developments & Projects

Wave energy system endures stormy conditions at Jaffa Port

Wave energy developer Eco Wave Power’s EWP-EDF One wave energy project at Jaffa Port in Israel operated without interruption during storm-classified conditions in the last week of December 2024, delivering constant energy despite challenging weather. With wave heights averaging 1,6 meters and peak p

about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Business Developments & Projects

US player secures Ruwais LNG storage tank job

TJN Ruwais JV, a joint venture between Technip Energies, JGC Corporation, and NMDC Energy–formerly National Petroleum Construction Company (NPCC)–has awarded Texas-based designer and builder of storage facilities CB&I with a contract for the engineering, procurement, and construction (EPC) of tanks

about 1 year ago