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Business & Finance

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ADNOC Drilling
Business & Finance

ADNOC completes ADNOC Drilling IPO bookbuild, raising over $1.1 bln

ADNOC has raised more than $1.1 billion after completing the bookbuilding and public subscription process for the in IPO of ADNOC Drilling.

about 5 years ago
Petrofac
Business & Finance

Sentencing hearing in Petrofac bribery case delayed

Petrofac has reached a plea agreement with the UK Serious Fraud Office in relation to its investigation into its historical use of agents.

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about 5 years ago
Jack-up rig with electrolyser
Business & Finance

In focus: Converting jack-up rigs and combining offshore wind & hydrogen for low-carbon future

This week saw a plethora of energy transition-related news across the offshore energy industry with updates telling of alternative deployments for offshore drilling rigs, new projects combining offshore wind and hydrogen, the urgency to decarbonise the shipping sector, and more.

about 5 years ago
EWP CEO wins global challenge for women entrepreneurs award
Business & Finance

EWP CEO wins global challenge for women entrepreneurs award

Inna Braverman, founder and CEO of Eco Wave Power (EWP), has received the Sustainable Development Goals (SDG) Excellence Award during the 2021 WE Empower competition.

about 5 years ago
Ampelmann L-type
Business & Finance

Growing demand prompts Ampelmann to add two new gangways in Middle East

Ampelmann announced the mobilisation of two new L-type systems in the Middle East, due to the growing demand for its solutions.

about 5 years ago
Saipem - Saudi Aramco
Business & Finance

Saipem and Saudi Aramco to explore creating new EPC player in Saudi Arabia

Saipem and Saudi Aramco will explore the possibility of setting up a potential new company in Saudi Arabia for offshore engineering and construction operations.

about 5 years ago
Halliburton
Business & Finance

Halliburton to execute Energean’s drilling campaign off Israel

Halliburton has been awarded an integrated services contract to execute a drilling and completions campaign for Energean in Israel.

about 5 years ago
Penspen
Business & Finance

Penspen wins $70 million worth of new deals in Middle East and Africa

Engineering and management services provider Penspen has secured over $70 million worth of new contracts in the Middle East and Africa.

about 5 years ago
CMA CGM
Business & Finance

CMA CGM, AD Ports to build new terminal at Khalifa Port

French container shipping major CMA CGM and the UAE-based port operator Abu Dhabi Ports (AD Ports) have signed a 35-year concession agreement to develop a new terminal in Abu Dhabi.

about 5 years ago
ADNOC Drilling
Business & Finance

H&P to invest $100 million in ADNOC Drilling IPO

U.S.-based rig technologies and drilling solutions provider Helmerich & Payne will invest about $100 million in ADNOC Drilling’s IPO.

about 5 years ago
ADNOC Drilling
Business & Finance

ADNOC to float drilling unit in Abu Dhabi IPO

Abu Dhabi’s energy giant ADNOC is planning on selling a minimum 7.5 per cent stake in its drilling unit ADNOC Drilling in an initial public offering (IPO).

about 5 years ago
Illustration; Source: Mubadala Petroleum
Business & Finance

Eni and Mubadala to pursue energy transition opportunities

UAE-based Mubadala Petroleum and Italy’s Eni have agreed to collaborate on the energy transition-related initiatives.

about 5 years ago
TAQA
Business & Finance

Abu Dhabi’s TAQA considering sale of oil & gas business

Abu Dhabi National Energy Company PJSC (TAQA) has initiated a strategic review of its oil and gas operations.

about 5 years ago
energy transition
Business & Finance

In focus: Enabling the future step by step

When it comes to the energy transition, we have already seen that the first-mover advantage is there.

about 5 years ago