Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Business & Finance

Loading filters...
Fossil EnergyOil & GasRigsBusiness Developments & ProjectsExploration & ProductionLiquefied Natural GasLow-Carbon TransitionAuthorities & GovernmentEnvironmentRegulation & PolicyRules & RegulationTransitionProject & TendersCollaborationOutlook & StrategyVisionVesselsProduction & ProcessingSubseaEquipmentTechnologyFPSO & VesselsSurveys & InterventionsVessels & VehiclesClean FuelFunding & RegulationHydrogenCablingInfrastructureEvents
High Island IV jack-up rig; Source: Shelf-Drilling
Business & Finance

Aramco suspends ops for Borr and Shelf Drilling rigs for up to a year

Borr Drilling and Shelf Drilling have received notices of temporary suspension of operations for two jack-up rigs working for Aramco, Saudi Arabia’s energy giant, in the Middle East.

about 1 year ago
António Guterres, UN Secretary-General, delivers remarks at the opening of the World Leaders Climate Action Summit at COP29 in Baku, Azerbaijan; Credit: UNFCCC/Kiara Worth
Business & Finance

COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas

  • 1
  • …
  • 23
  • 24
  • 25
  • …
  • 576

Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling

16 minutes read
Sur plant; Source: Oman LNG
Business & Finance

US firm snaps up FEED job on LNG expansion project tackling energy trilemma

KBR has secured a front-end engineering design (FEED) deal to boost a liquified natural gas (LNG) arsenal at a project on the southeastern coast of the Arabian Peninsula in the Middle East.

about 1 year ago
Al Shaheen field in Qatar; Source: North Oil Company (NOC)
Business & Finance

UK firm gets job on next phase of Qatar’s largest oil field

CRC Evans has been hired to handle welding services on a project designed to expand production at an oil field, which is said to be the largest one off the coast of Qatar.

about 1 year ago
Rendering of processing plants onshore with an LNG vessel in the background
Business & Finance

ADNOC ceding stake in huge LNG project to subsidiary for $5 billion

(ADNOC) intends to transfer its entire stake in the low-carbon Ruwais liquefied natural gas (LNG) project, currently under development in the United Arab Emirates (UAE), to its affiliate ADNOC Gas.

about 1 year ago
a large vessel at sea
Business & Finance

QatarEnergy joining Chevron’s West Mediterranean exploration project ahead of drilling ops

Qatar’s state-owned energy giant QatarEnergy has inked an agreement with U.S.-headquartered oil major Chevron to buy a working interest in the concession agreement for a block in the Mediterranean Sea offshore Egypt.

about 1 year ago
Ocean Apex rig; Source: Diamond Offshore, now part of Noble Corporation
Business & Finance

Transocean, Noble, Valaris, Borr, and Odfjell Drilling fleets’ $23 billion backlog spotlights state of play in booming rig market

Transocean, Noble Corporation, Valaris, Borr Drilling, and Odfjell Drilling have secured a combined total backlog of $23.22 billion in the third quarter of 2024, which is higher than $23.03 billion in the second quarter of 2024 and $22.7 billion in the third quarter of 2023.

24 minutes read
First sales and purchase agreement inked for UAE's low-carbon LNG project
Business & Finance

First sales and purchase agreement inked for UAE’s low-carbon LNG project

Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Germany’s Securing Energy for Europe (SEFE) for the long-term supply of low-carbon liquefied natural gas (LNG) from the Ruwais LNG plant in the UAE, set to be the first LNG export facility in the Middle East

about 1 year ago
A large vessel at sea
Business & Finance

Four LNG carriers for QatarEnergy’s expanding fleet named in South Korea

Qatar’s state-owned energy giant QatarEnergy has inaugurated four new liquefied natural gas (LNG) vessels built at the Samsung Heavy Industries (SHI) and Hanwha Ocean shipyards in South Korea.

about 1 year ago
ADNOC-Alpha Dhabi JV buying US downhole visualization company for $45 million
Business & Finance

ADNOC Drilling-Alpha Dhabi JV buying US downhole visualization company for $45 million

A joint venture (JV) of UAE’s ADNOC Drilling and Alpha Dhabi is set to acquire a U.S.-headquartered provider of vision-based diagnostics and analytics services for the oil & gas sector for a consideration of approximately $45 million. The partners’ Enersol JV has agreed to acquire a 100% equity stak

about 1 year ago
Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf
Business & Finance

Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf

Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, is extending its subsea construction capabilities into the Middle East with the award of a maiden contract in the Arabian Gulf. POSH has secured a subsea umbilicals, risers and flow

about 1 year ago
Investment companies to collaborate on energy transition projects in Middle East
Business & Finance

Investment companies to collaborate on energy transition projects in Middle East

Saudi Arabia-based Hassana Investment Company and U.S.-based EIG have signed a memorandum of understanding (MoU) to collaborate on infrastructure and energy transition projects in the Middle East.

about 1 year ago
Chinese manufacturer sends off cable for oilfield expansion project off Saudi Arabia (Video)
Business & Finance

China-produced subsea cable on its way to oilfield expansion project off Saudi Arabia (Video)

China’s ZTT Submarine Cable & System has sent off the submarine cable destined for Saudi Aramco’s field expansion project towards the project site located offshore Dhahran, Saudi Arabia. Zuluf, described as a giant offshore oil field located in the Arabian Gulf, approximately 240 kilometers north of

about 1 year ago
Illustration; Source: Chevron
Business & Finance

Isle of Man-based oil & gas firm passes the operator baton to Chevron for offshore block in Uruguay

Challenger Energy Group (CEG) has wrapped up the divestment of a majority stake in a shallow water exploration block off the coast of Uruguay. As a result, Chevron Uruguay Exploration, a wholly-owned subsidiary of the U.S.-based energy giant Chevron, is the block’s new operator.

about 1 year ago