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Business & Finance

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Fossil EnergyOil & GasBusiness Developments & ProjectsProject & TendersRigsCollaborationLow-Carbon TransitionCarbon Capture Usage & StorageTransitionLiquefied Natural GasExploration & ProductionMarket OutlooksOutlook & StrategyFPSO & VesselsTechnologySubseaSurveys & InterventionsVessels & VehiclesEquipmentOperations & MaintenanceVessels
Illustration; Source: Saudi Aramco
Business & Finance

Jacket installations on Aramco’s giant offshore oil field take ABL to Middle East

ABL will provide marine warranty survey (MWS) services for jacket installations on the world’s biggest conventional offshore oil field.

about 2 years ago
Leviathan field; Source: New Med Energy
Business & Finance

More gas sold from Chevron’s Mediterranean Sea field under $650 million deal

Chevron has signed a contract with Israel’s Eshkol Power Energies to supply natural gas for the production units at Eshkol power station.

about 2 years ago
Kingdom 2 jack-up rig; Source: ARO Drilling
Business & Finance

Second jack-up out of 20 planned newbuild rigs gets its naming ceremony (Gallery)

ARO Drilling has held a naming ceremony, together with International Maritime Industries (IMI), for the second of 20 planned newbuild jack-up rigs.

about 2 years ago
Ministers from Qatar, the United States, the United Arab Emirates, Saudi Arabia, Canada, and Norway at Net Zero Producers Forum; Source: QatarEnergy
Business & Finance

Net-Zero Producers Forum seeks emission reduction pathways with carbon utilization and storage

The Net Zero Producers Forum has set in motion a new working group to explore and step up technologies for the utilization and storage of carbon dioxide.

about 2 years ago
West Tucana jack-up rig; Source: Seadrill
Business & Finance

Seadrill parting with three jack-up rigs for $338 million

Seadrill is in the process of disbanding Gulfdrill LLC, thanks to a deal to sell three jack-up rigs, which are working in Qatar, to its joint venture partner.

about 2 years ago
North Field off Qatar; Source: QatarEnergy LNG
Business & Finance

QatarEnergy’s CEO on doubling production capacity: LNG is here to stay for years on end

CEO of QatarEnergy is adamant that LNG will keep its spot at the top of the energy demand pyramid for a long time.

about 2 years ago
Illustration; Source: Energy Maritime Associates (EMA)
Business & Finance

‘Large’ orders for floating production systems coming soon

The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).

about 2 years ago
ADNOC Drilling
Business & Finance

With $1.7 billion in the bag, ADNOC Drilling creates new player to drill 144 unconventional oil & gas wells

ADNOC Drilling has got a hold of a $1.7 billion contract to unlock the country’s unconventional oil and gas resources.

about 2 years ago
Map showing two exploration blocks in Egypt; Source: QatarEnergy
Business & Finance

ExxonMobil brings QatarEnergy on board as its new partner in two exploration blocks

QatarEnergy has sealed a deal with ExxonMobil, a U.S.-headquartered energy giant, to enter two exploration blocks off the coast of Egypt.

about 2 years ago
Illustration; Source: Abu Dhabi National Oil Company (ADNOC)
Business & Finance

ADNOC joins hands with compatriot tech company to step up energy-focused AI game

UAE’s Presight is set to acquire a majority stake in AIQ to lend a helping hand in bringing forth AI-powered solutions to the energy sector.

about 2 years ago
Mermaid Maritime’s joint venture to keep working for oil major
Business & Finance

Mermaid Maritime’s joint venture to keep working for oil major

Mermaid Maritime’s joint venture with a Middle Eastern offshore services company has secured a one-year contract extension for subsea services with an upstream oil and gas company. Thailand-headquartered Mermaid won the contract in a joint venture formed with a local offshore services operator in a

about 2 years ago
Illustration; Source: McDermott
Business & Finance

McDermott scoops up multimillion-dollar job at TotalEnergies’ LNG project

McDermott’s CB&I has landed a new assignment in the Middle East with TotalEnergies, which will enable it to work at a solar-powered LNG project in Oman.

about 2 years ago
Illustration; Source: QatarEnergy
Business & Finance

QatarEnergy and Nakilat shake hands on deal for 9 largest LNG vessels ever built

QatarEnergy has entered into a long-term agreement with Nakilat for the charter and operation of nine ultra-modern QC-Max size LNG vessels.

about 2 years ago
Ruwais; Source: ADNOC
Business & Finance

Germany and UAE bolster natural gas ties as ADNOC strikes third 15-year deal for giant LNG project

Germany’s EnBW has sealed its first liquefied natural gas (LNG) deal in the Middle East by inking a long-term contract with the UAE’s ADNOC.

about 2 years ago
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