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Business & Finance

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Francesco La Camera - IRENA
Business & Finance

Answers to energy security and climate change concerns lie in energy transition, IRENA says

The International Renewable Energy Agency (IRENA) believes that energy transition holds the key to tackling global energy and climate crisis.

about 4 years ago
Fugro to back QatarEnergy's field redevelopment project
Business & Finance

Fugro to back QatarEnergy’s field redevelopment project

QatarEnergy has awarded Fugro with a contract to deliver multi-year seabed geo-data acquisition and geo-consultancy services as part of the redevelopment of the Bul Hanine and Maydan Mahzam fields offshore Qatar. Fugro’s team will be operating from Fugro Proteus, Pacific Grouse and Bourbon Enterpris

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about 4 years ago
Hamriyah facility - Lamprell
Business & Finance

Lamprell mulls over funding options and sale of stake in oil & gas business

UAE-based offshore engineering and construction services provider Lamprell is in talks for the sale of a stake in its oil & gas business.

about 4 years ago
In focus: Accelerating the energy transition
Business & Finance

In focus: Accelerating the energy transition

The global energy transition continues to be a strategic priority for many players, including those involved in the maritime and offshore energy sectors.

about 4 years ago
UAE ADNOC
Business & Finance

UAE player investing in drilling growth with $658 million in new awards

UAE-based ADNOC has awarded framework agreements valued at $658 million for cementing services as it continues to invest in drilling growth.

about 4 years ago
Petrofac
Business & Finance

After a year-long suspension, Petrofac allowed to compete in ADNOC tenders

Following a year-long suspension, Petrofac, is now allowed again to take part in new tenders from UAE’s oil and gas giant ADNOC.

about 4 years ago
Acteon to grow its operations by buying Oceaneering’s decom assets
Business & Finance

Acteon to grow its operations by buying Oceaneering’s decom assets and staff

Claxton, Acteon’s drilling and decommissioning segment, has inked a deal with Oceaneering to acquire its decom personnel and assets.

about 4 years ago
Energean Power FPSO
Business & Finance

Energean inks gas supply deal with largest Israeli buyer

London-listed E&P company Energean has signed a gas supply agreement with the largest Israeli buyer of natural gas.

about 4 years ago
international Council of Shipping
Business & Finance

Shipping industry: Planned $5B R&D fund could support developing countries’ decarbonization

Representatives of the global shipping industry, supported by governments, have laid out proposals on how a planned global R&D fund can be tailored to support developing economies.

about 4 years ago
Masirah Oil swaps tankers in Oman with drilling campaign on the way
Business & Finance

Masirah Oil swaps tankers in Oman, seeks rig contractor for new drilling campaign

Following a floating storage tanker change, Masirah Oil plans to carry out a drilling campaign in the Q3 2022 in the Block 50 offshore Oman.

about 4 years ago
Energean Power FPSO
Business & Finance

Energean step closer to Karish first gas following connection to Israel’s network

Oil and gas exploration and production company Energean has connected the Karish offshore gas field to the Israel National Gas Line,

about 4 years ago
QatarEnergy and NAMCOR - Namibia
Business & Finance

QatarEnergy and Namibia’s national oil company team up to develop oil & gas sector

QatarEnergy has signed a cooperation agreement with Namibia’s NAMCOR to support and develop a sustainable oil and gas sector in Namibia.

about 4 years ago
DNV - Energy Insights
Business & Finance

Energy industry optimistic about transition despite skills shortages, policies, and supply chain issues – DNV

Energy industry leaders believe the energy transition is accelerating and that 2022 is set to be a strong year for growth, DNV has said.

about 4 years ago
Valaris DS-11 drillship
Business & Finance

Over $400 million of Valaris backlog hangs in the balance after TotalEnergies abandons project

Valaris has secured new contracts for its rigs, however, over $400 million of backlog related to a drillship contract in the Gulf of Mexico now hangs in the balance.

about 4 years ago