Winter is almost here and concerns over the security of energy supplies are on the rise. Governments and industries are trying to find ways to tackle both energy and climate crises at the same time. The never-ending battle with new regulations to accelerate green energy programs and address high pri
UAE’s ADNOC L&S has completed the acquisition of Zakher Marine International (ZMI) and expanded its fleet to over 300 vessels.
BIMCO, the world’s largest international shipping association, has adopted a CII Operations Clause for Time Charter Parties which aims to help the industry implement new carbon intensity requirements from the International Maritime Organization (IMO). The regulations on the carbon intensity of inter
Following a drone attack on an oil tanker off the coast of Oman, the U.S. Central Command has put the blame on Iran.
Saipem has secured multiple new drilling deals in the Middle East and West Africa, which are worth approximately $800 million.
Singapore-based ship management company Eastern Pacific Shipping is investigating an incident involving its managed product tanker Pacific Zircon. “Preliminary reports indicate the vessel, carrying a cargo of gas oil, was hit by a projectile approximately 150 miles off the coast of Oman at about 15:
Singapore’s Sembcorp Marine has completed the work for two offshore platforms destined for an oil field project located in Qatari waters.
To ramp up and maintain gas production from a field off Iran, Pars Oil and Gas Company unveiled plans to drill 35 new wells at this field.
Danish shipping and logistics giant A.P. Moller – Maersk has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources for cooperation in the field of green marine fuel production. The MoU was signed on the sidelines of the 2022 United Nations Climate Change C
TotalEnergies and Eni are gearing up to launch exploration activities in an offshore block located in the Lebanese waters.
In a bid to bolster hydrocarbon production and reserves, Masirah Oil has started drilling an exploration well offshore Oman.
Prysmian Group has won a €60 million contract to lay the submarine cables for the Project Lighting interconnection project in the United Arab Emirates. Prysmian entered into a €220 million limited notice to proceed in January with Samsung C&T, as part of its EPC consortium with Jan De Nul, for the p
Abu Dhabi-based maritime company Al Seer Marine, a subsidiary of International Holding Company (IHC), has placed an order for the construction of four IMO II/III medium-range tankers with Korean shipbuilder K Shipbuilding. The vessels are expected to be built at Jinhae Shipyard and delivered before
Shelf Drilling has been awarded a long-term contract for one of its jack-up rigs, which will carry out operations in the Arabian Gulf.
