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Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power

Business Developments & Projects

Eco Wave Power and Shell advance wave energy project at Port of Los Angeles

Eco Wave Power has received a green light from the Port of Los Angeles for the engineering plans of the wave energy project the company is developing in partnership with Shell International Exploration and Production, as well as for other documents submitted. The Port of Los Angeles and AltaSea at t

about 2 years ago

Business Developments & Projects

Asian shipbuilder’s ‘cutting-edge’ vessel pair makes its way to ADNOC L&S

Singapore-based shipbuilder Strategic Marine has delivered two fast crew boats (FCBs) to the UAE’s ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC).

about 2 years ago

Business Developments & Projects

Boskalis: ‘Enormously multifunctional’ survey vessel joins UAE subsidiary’s fleet

Dutch offshore services giant Boskalis has expanded its fleet with the addition of a DP2 vessel for offshore geophysical and geotechnical surveys, which the company describes as relatively new and enormously multifunctional. The Horizon Zenith vessel is deployed by Boskalis’ UAE-headquartered subsid

about 2 years ago

ADNOC, Petronas and Storegga team up on carbon capture and storage off Malaysia

Business Developments & Projects

ADNOC, Petronas and Storegga team up for carbon capture and storage off Malaysia

Malaysian state-owned energy giant Petronas, Abu Dhabi National Oil Company (ADNOC), and UK’s carbon capture and storage (CCS) company Storegga have signed a joint study and development agreement (JSDA) to evaluate the CO2 emissions storage capabilities of saline aquifers and the construction of CCS

about 2 years ago

Business Developments & Projects

Shelf Drilling’s backlog reaches $2.1 billion with 33 out of 36 rigs busy with work

Shelf Drilling has pushed its total contract backlog to $2.1 billion at the end of the second quarter of 2024.

about 2 years ago

Business Developments & Projects

Shelf Drilling introduces top brass changes

Dubai-headquartered offshore drilling contractor Shelf Drilling has gone through a management reshuffle as three positions – Chief Executive Officer (CEO), Executive Chairman, and Lead Independent Director – have been filled with members who have previously fulfilled other roles at the company.

about 2 years ago

Artist's rendering of the Ruwais LNG concept design; Source: ADNOC

Business Developments & Projects

ADNOC and Japanese firm shake hands on offtake deal, leaving 30% of Ruwais LNG production capacity up for grabs

ADNOC has signed a long-term heads of agreement (HOA) with Japan’s Osaka Gas for LNG supply mainly originating from its Ruwais LNG project.

about 2 years ago

Business Developments & Projects

AI-enabled digital ops step up offshore field’s oil production game by one-fourth of its previous level

ADNOC has harnessed the power of advanced digital solutions to raise the production bar at one of its oil fields off the coast of Abu Dhabi, UEA.

about 2 years ago

Business Developments & Projects

Saipem racks up another ‘major’ subsea milestone – this time in pipeline tech

Saipem has expanded the subsea pipeline offering by revamping an existing technology, created by the U.S.-based United Pipeline Systems (UPS).

about 2 years ago

Business Developments & Projects

UAE firm’s jack-up rig all done with refurbishment and five-year periodic survey

Ocean Oilfield Integrated Solutions has wrapped up the quinquennial special periodic survey (SPS) and refurbishment work on one of its rigs at Khalifa Port, KEZAD, Abu Dhabi.

about 2 years ago

Business Developments & Projects

Wood scores pre-FEED deal for Shell’s low-carbon hydrogen project in Oman

UK-based energy giant Shell has selected Wood to deliver pre-FEED for its low-carbon hydrogen and ammonia project in Oman.

about 2 years ago

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

Business Developments & Projects

New player with ‘powerful’ tools joins mission to augment production from one of world’s largest offshore oil fields

The ongoing efforts to expand black gold production from Qatar’s largest offshore oil field have been bolstered with the entrance of the American Bureau of Shipping (ABS).

about 2 years ago

Business Developments & Projects

Chevron gets down to the nitty-gritty of gas production boost at Mediterranean field with $429 million earmarked for FEED

Chevron and its partners in a giant natural gas field off the coast of Israel have greenlighted a multimillion-dollar investment to start the ball rolling on the front-end engineering design (FEED) phase for the proposed expansion of the gas export capacity from this Mediterranean field.

about 2 years ago

Business Developments & Projects

BP to acquire 49% stake in Hyport Duqm green hydrogen project in Oman

DEME and OQ have reached an agreement to have BP as an equity partner and operator in the Hyport Duqm green hydrogen project.

about 2 years ago