Wood Mackenzie, an energy intelligence group, spots common threads between the energy super basins of the future.
The oil and gas sector’s offshore EPC spend is expected to total $276 billion, forecasts Westwood Global Energy.
French engineering company Technip Energies and UAE’s National Petroleum Construction Company (NPCC) have established a new company to accelerate the energy transition.
TotalEnergies and ADNOC have expanded their strategic alliance to explore opportunities in energy security, gas growth, and decarbonisation.
India’s Aban Offshore has closed the sale of one of its jack-up drilling rigs to the UAE-headquartered ADNOC Drilling.
Saudi Aramco has awarded project management services contracts to Australia’s engineering company Worley for unconventional gas.
Rig activity in Asia Pacific has been stepped up this year, but most stacked jack-ups are being reactivated for gigs in the Middle East.
EnerMech has secured new contract awards worth over $126 million in Africa, Caspian and the Middle East, spurring further headcount increase.
Due to the current energy security concerns, TAQA has decided to keep its entire oil & gas portfolio, except for its Dutch upstream assets.
IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.
With two-thirds of global resources in their hands, seven NOCs own the lion’s share of remaining discovered oil & gas resources.
Following the delivery of a jack-up rig from India’s Aban, Shelf Drilling has renamed this latest addition to its fleet of offshore rigs.
India’s offshore drilling contractor Aban Offshore has closed the sale of another jack-up drilling rig to the UAE-based ADES International.
Lamprell has now received a combined takeover offer, adding another one of its shareholders into the mix.
