E&P company Energean has signed a contract with Stena Drilling for its 2022 – 2023 growth drilling programme located offshore Israel.
Noble Corporation has secured more work for two of its drilling rigs while one jack-up unit has been warm stacked in the UK.
Offshore drilling contractor Valaris has been awarded a three-year contract with North Oil Company offshore Qatar.
Aramco has completed the sale of a 49 per cent stake in the newly formed Aramco Oil Pipelines for $12.4 billion to an international investor consortium led by the U.S.-headquartered EIG. Aramco continues to hold a 51 per cent majority stake in the subsidiary and retains full ownership and operationa
The registration for Offshore Energy Exhibition & Conference 2021 is now live! The event, to be held on 26 & 27 October in Amsterdam RAI, the Netherlands, will attract thousands of offshore professionals and hundreds of exhibiting companies. Go to registration.offshore-energy.biz to register.
Offshore rig operator Japan Drilling Co. (JDC) has been awarded a drilling contract for a jack-up rig for operations offshore Qatar.
Controls technology company Proserv Controls has bought the trade and assets of Dron & Dickson Electromechanical Contracting (DDEC).
As the energy transition is unravelling, the industry is paving the way to net-zero by pushing for further emission cuts and new fuels and vessels.
There is a reason why we speak of energy transition instead of energy revolution. It is a process in which we gradually phase out fossil fuels
Qatar Petroleum has warned that depriving the oil & gas sector of new investments amid energy transition could result in big spikes in prices.
Global petrostates can forget trillion-dollar from oil & gas tax revenues as the accelerating energy transition bites, Rystad Energy said.
At the global Innovating to Net Zero Summit, 23 governments responsible for over 90% of global public investment in clean energy have collectively launched bold new plans to catalyze action and spearhead a decade of innovation to drive global investment in clean energy research, development and demo
The Abu Dhabi National Oil Company (ADNOC) has awarded a $744 million contract for the full field development of the Belbazem Offshore Block,
The discussion on carbon pricing in the maritime industry is heating up, as industry stakeholders urge for a market-based measure to finally incentivize the sector’s decarbonization journey. In a nutshell, carbon pricing would impose a cost on emitting greenhouse gases (GHGs), pushing the sector to
