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Business & Finance

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Photo of Eco Wave Power's wave energy technology (Courtesy of Eco Wave Power)
Business & Finance

Eco Wave Power eyes Nasdaq US listing

Swedish-Israeli wave energy company Eco Wave Power has confidentially submitted a draft registration statement for the proposed listing on Nasdaq US stock exchange market.

about 5 years ago
Mohamed bin Zayed; Source: His Twitter page ADNOC
Business & Finance

ADNOC: Crown Prince of Abu Dhabi takes chair of new board

The Crown Prince of the Emirate of Abu Dhabi and the de facto ruler of Abu Dhabi Mohamed bin Zayed bin Sultan Al Nahyan, better known under his initials MBZ, has been named the chairman of the board of directors of state oil firm Abu Dhabi National Oil Company (ADNOC).

about 5 years ago
Illustration (Courtesy of UNEP FI)
Business & Finance

UNEP FI releases guide on blue financing for sustainable ocean recovery

United Nations Environment Programme Finance Initiative (UNEP FI) has released a new guidance on blue finance to help banks, insurers and investors take action on the transition of ocean sectors to a sustainable future.

about 5 years ago
ADNOC
Business & Finance

ADNOC buys Middle East assets of UK-based offshore logistics provider

ADNOC Logistics & Services has made a move to acquire all of the UAE-based assets of Speedy Hire, a UK provider of tools and equipment.

about 5 years ago
Samsung C&T bags LNG expansion deal from Qatar Petroleum
Business & Finance

Samsung C&T bags LNG expansion deal from Qatar Petroleum

Qatar Petroleum has contracted Samsung C&T Corporation for the expansion of the LNG storage and loading facilities in Ras Laffan, as part of the North Field East project.

about 5 years ago
QP inks LNG supply deal with Pakistan's PSO
Business & Finance

QP inks LNG supply deal with Pakistan’s PSO

Qatar Petroleum has secured a new long-term deal for the delivery of liquefied natural gas (LNG) to Pakistan.

about 5 years ago
ADNOC
Business & Finance

ADNOC fleet expansion to add 12 million barrels cargo capacity

ADNOC Logistics & Services, the shipping and maritime logistics arm of ADNOC, is expanding its fleet with the acquisition of six VLCCs.

about 5 years ago
Photo of Eco Wave Power's Gibraltar wave power plant (Courtesy of Eco Wave Power)
Business & Finance

Eco Wave Power narrows 2020 losses

Swedish-Israeli onshore wave energy technology company Eco Wave Power has released financial results for 2020, which show a slight decrease in net loss compared to the results posted a year earlier.

about 5 years ago
Shelf Drilling Journey
Business & Finance

Shelf Drilling delivers sold rig to ADNOC Drilling

Offshore drilling contractor Shelf Drilling has completed the previously announced sale of a jack-up rig to ADNOC Drilling.

about 5 years ago
Illustration; Source: Petrobras
Business & Finance

Rumours of $100 oil return as crude recovers from Covid grip

While the oil price collapse is still fresh in our minds, rumours are starting to emerge that by the end of next year prices could once again top $100 a barrel.

about 5 years ago
Hamriyah facility - Lamprell
Business & Finance

Lamprell wins Marjan field job from Saudi Aramco

Lamprell has been awarded an engineering, procurement, construction, and installation contract by Saudi Aramco as part of the long-term agreement programme.

about 5 years ago
Shelf Drilling Tenacious rig isbeing used to drill Masirah wells
Business & Finance

Masirah Oil spuds exploration well off Oman

Oil and gas company Masirah Oil has spudded the Zakhera 1 well, located offshore Oman, using the Shelf Drilling-owned Tenacious jack-up rig.

about 5 years ago
North Field off Qatar;
Business & Finance

Saipem lands $1.7 billion worth deal with Qatargas

Saipem has received a Letter of Award from Qatargas for the development of the North Field Production Sustainability Offshore Project, located off Qatar.

about 5 years ago
Shelf Drilling Tenacious rig is drilling Yumna wells for Masirah Oil
Business & Finance

Masirah Oil brings third Yumna well online

Oil and gas company Masirah Oil has started production from the third development well drilled in the Yumna field located in Block 50 offshore Oman.

about 5 years ago
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