SOHAR Port and Freezone, a joint venture between the Port of Rotterdam and the Sultanate of Oman, has signed a license agreement with fuel marketing firm Oman Oil Marketing Company (OOMCO) for bunkering services. According to the port’s social media update, the agreement was signed to provide high-q
Offshore drilling contractor Stena Drilling has secured a new drilling contract from BP for operations offshore Canada.
The drop in the total recoverable oil worldwide from last year’s figures represents another threat to global energy security, explains Rystad.
More efficient power sector in the Middle East and Africa could unlock higher volumes of natural gas for export, says the IEA.
Kuwait Petroleum Corporation (KPC) has revealed that Kuwait will be embarking on its first offshore drilling campaign soon.
Saipem has been awarded multiple onshore extensions and new offshore contracts in the Middle East, totalling around $1.25 billion.
While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.
Masirah Oil is putting the wheels into motion to resume production at a field offshore Oman after it was stopped due to oil leakage.
India’s offshore drilling contractor Aban Offshore has completed the sale of a jack-up drilling rig to the UAE-based ADES International.
UN Coordinator has urged the public to help with funding to head off a decaying oil tanker threat and prevent an oil spill in the Red Sea.
QatarEnergy has joined an industry initiative, which aims to eliminate methane emissions from the oil and gas industry by 2030.
Shelf Drilling has inked a deal with Noble to buy five jack-up rigs, which are being sold to address concerns about the Noble-Maersk merger.
Following Blofeld’s takeover bid, Lamprell intends to continue its discussions with this shareholder to get an updated offer.
The IEA forecasts that non-OPEC+ will spearhead global oil supply in 2023, while the output from OPEC+ may fall.
