ADNOC Drilling has inked a deal to purchase two additional premium jack-up rigs and hinted at further acquisitions in the pipeline.
Following contract preparations in Singapore, two jack-up rigs from Borr Drilling are en route to Saudi Arabia.
Qatar’s state-owned oil and gas company QatarEnergy has selected French energy major TotalEnergies as the first international partner in the North Field South (NFS) liquefied natural gas (LNG) project. Pursuant to the agreement, TotalEnergies will obtain a 9.375% participating interest in the 16 mil
Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) have completed the financial closing of what is said to be the first-of-its-kind subsea transmission network in the MENA region. The $3.8 billion strategic project is set to power and significantly decarbonize A
E&P company Energean has announced a new gas production from the Abu Qir concession located offshore Egypt.
Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year, according to a new report by International Renewable Energy Agency (IRENA).
LNG major QatarEnergy signed a memorandum of understanding (MoU) with U.S. firm General Electric (GE) to collaborate on developing a carbon capture roadmap for the energy sector in Qatar.
With additional funds from the Netherlands, the UN may be able to start the salvage operation to prevent a major oil spill in the Red Sea.
Oil major Chevron and its partners in the Aphrodite gas field off Cyprus have allocated funds for the drilling of an appraisal well and other development costs for the project.
Ramp-up of oil & gas investments and a new energy transition plan are required for a secure and sustainable energy future, says Aramco’s CEO.
Energy services provider Petrofac has signed a memorandum of understanding (MoU) with Oman Hydrogen Centre (OHC) to collaborate on Oman’s renewable energy sector, particularly in green hydrogen. Located at the German University of Technology (GUtech), OHC is the first research facility of its kind i
A new report outlines challenges for the long-term energy transition outlook as the global energy crisis unfolds.
As demand for marine fuel solutions increases, oil and shipping company Monjasa has acquired Monjasa Shaker, a 9,600 dwt oil and chemical tanker, to be deployed for cargo and bunkering operations in the Arabian Gulf. According to the company, the vessel allows onboard product blending and is capable
UAE’s ADNOC and Italy’s Eni are contemplating options to explore opportunities to increase the security of gas supply.