In a statement to Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of the UAE and Managing Director and Group CEO of ADNOC, Japan’s oil and gas producer Inpex has officially committed to the United Arab Emirates (UAE) in regard to clean energy development in the country. According
Türkiye’s first drillship has begun drilling a new detection well in the Sakarya gas field project development in the Black Sea, one of the largest energy projects ever built in the country. Türkiye Petrolleri reported on 30 January that the Fatih drilling vessel had started drilling in Amasra-2. To
The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced $384.4 million in federal funding for expanding and improving the nation’s ferry service in communities across the country, as well as accelerate the transition to zero-emission transportation.
Danish container shipping heavyweight Maersk plans to unify its structure by integrating its brands such as Hamburg Süd and Sealand, among others. The company explained the decision saying that the aim was to bring more ‘ease, agility and resilience’ to the supply chain. Maersk plans to conduct an i
Oceaneering, a Norwegian subsidiary of Texas-headquartered Oceaneering International, and Havfram-owned company Kontiki Winds are teaming up on microgrid electrification projects using floating wind turbines to power offshore oil and gas assets and remote island states. Under a Memorandum of Underst
Dolphin Drilling has completed a five-year recertification of a semi-submersible rig, which is now ready to start its assignment offshore Nigeria in a few weeks.
French container shipping major CMA CGM Group has invited start-ups and businesses working on concrete solutions to submit projects that aim to speed up the decarbonization of the French shipping industry. The company has committed a €200 million budget for the projects from its five-year $1.5 billi
TotalEnergies andEni have completed the transfer of a partial interest to QatarEnergy for two offshore blocks located in Lebanese waters.
Norwegian energy giant Equinor has selected units of German engineering company Linde for front-end engineering design (FEED) work and operation and maintenance of its large-scale low-carbon hydrogen plant in the UK. Equinor’s UK project, named Hydrogen to Humber Saltend (H2H Saltend), is a 600-mega
Italian oil and gas company Eni and the National Oil Corporation of Libya (NOC) have signed an agreement for the development of a strategic project aimed at increasing gas production to supply the Libyan market as well as to ensure export to Europe. Eni’s CEO Claudio Descalzi and Farhat Bengdara, th
Malaysia’s Petronas and oil major ExxonMobil Exploration and Production Malaysia (ExxonMobil) have signed two agreements to jointly pursue carbon capture and storage (CCS) activation projects in Malaysia. Under the agreements, the parties will define their next steps, including the maturation of tec
Belgian tanker shipping major Euronav has filed an application request for arbitration on the merits in relation to Frontline’s termination of the combination agreement. “This request on the merits follows the request for emergency arbitration that was announced by the company’s press release dated
Shell has unveiled a simplified organisational structure and executive committee and directorate changes to enhance performance.
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the U.S. took a tumble last week and fell by 3 more units.
