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Business & Finance

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In focus: Heatwaves everywhere, but winter is coming
Business & Finance

In focus: Heatwaves everywhere, but winter is coming

The words energy transition were on everybody’s lips in the last couple of years, but policymakers from European countries now see that in the short term energy security is more relevant than an energy transition.

about 4 years ago
ADNOC L&S rakes in $1.17 bln in new deals
Business & Finance

ADNOC L&S rakes in $1.17 billion in new deals

ADNOC L&S has been awarded a contract totalling $1.7 billion by ADNOC Offshore for jack-up barges to support production capacity growth.

about 4 years ago
ADNOC Drilling scopes mega deals worth over $3.4 billion to unlock UAE’s energy resources
Business & Finance

ADNOC Drilling scoops up mega deals worth over $3.4 billion

ADNOC Offshore has awarded two contracts worth more than $3.4 bln to ADNOC Drilling for eight rigs to expand offshore drilling activities.

about 4 years ago
McDermott wins more work for QatarEnergy's North Field expansion
Business & Finance

McDermott wins more work for QatarEnergy’s North Field expansion

McDermott has secured a front-end engineering design (FEED) contract with state-owned oil and gas company QatarEnergy for the North Field South (NFS) expansion project. Under the contract, McDermott will be in charge of developing FEED studies for offshore and onshore pipelines, cables, and associat

about 4 years ago
Noble Faye Kozack drillship
Business & Finance

‘Robust pipeline of opportunities’ for Noble rigs

Offshore drilling contractor Noble Corporation is seeing an increase in demand for offshore drilling rigs.

about 4 years ago
Test runs begin on Israeli wave energy project
Business & Finance

Test runs begin on Israeli wave energy project

Eco Wave Power has officially started test runs of its newly installed EWP-EDF One wave energy pilot project at the Port of Jaffa in Tel Aviv, Israel.

about 4 years ago
Westwood sees signs of recovery in high-impact exploration activity
Business & Finance

Westwood sees signs of recovery in high-impact exploration activity

Westwood is seeing a rebound in high-impact exploration this year with expectations for it to pick up in the second half.

about 4 years ago
Valaris 107
Business & Finance

How things stand for Valaris rigs

A deep dive into Valaris fleet of rigs with details about latest contracts and extensions as well as other recent activities.

about 4 years ago
Another ‘significant’ gas discovery for Eni off Abu Dhabi
Business & Finance

Eni’s pursuit of deeper zones results in another ‘significant gas discovery’ off Abu Dhabi

Italian oil and gas company Eni has made another gas discovery in its first exploration well in waters offshore Abu Dhabi.

about 4 years ago
Shell
Business & Finance

Huge profits for Shell due to high oil and gas prices

Shell achieved record profits in the second quarter of the year on the back of higher oil and gas prices and refining margins.

about 4 years ago
James Fisher and Sons NMDC
Business & Finance

James Fisher and NMDC form global partnership

James Fisher and Sons (James Fisher) and Abu Dhabi-based National Marine Dredging Company (NMDC) Group have signed a Memorandum of Understanding (MoU) to collaborate on key projects and opportunities in the oil and gas sector as well as decommissioning, offshore wind, and marine civil construction i

about 4 years ago
ADNOC Drilling
Business & Finance

ADNOC Drilling lands $2 bln in contracts for giant offshore gas development

UAE’s giant ADNOC has awarded two substantial contracts totalling $2 billion to ADNOC Drilling for the Hail and Ghasha development project.

about 4 years ago
ADNOC L&S to expand its fleet to over 300 units with acquisition of UAE-based vessel owner and operator
Business & Finance

ADNOC L&S fleet growing to over 300 vessels

ADNOC L&S, the shipping and maritime logistics arm of ADNOC, has entered into a deal to acquire Zakher Marine International.

about 4 years ago
New JV to establish LNG bunkering hub in Suez Canal by 2025
Business & Finance

New JV to establish LNG bunkering hub in Suez Canal by 2025

Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping has joined forces with Egyptian Natural Gas Holding Company (EGAS) and Leth Suez Transit (LETH) to establish a strategic LNG bunkering hub in the Suez Canal by 2025. Earlier this year, the parties signed a memora

about 4 years ago
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