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Exploration & Production

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New platform for Marjan field; Source: COOEC
Exploration & Production

Saipem picks up $2 billion job at huge oil & gas field in Middle East

Saipem has won another such deal for work at an oil and gas field off the coast of Saudi Arabia, which the country’s energy giant Aramco operates.

about 2 years ago
North Field; Source: QatarEnergy LNG
Exploration & Production

Saipem scoops up $4 billion for work on mega natural gas field offshore Qatar

Saipem has won a multibillion-dollar deal for an offshore project designed to help maintain natural gas production from the biggest field off the northern coast of Qatar.

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about 2 years ago
ExxonMobil plans hydrogen and CCS facility in Texas
Exploration & Production

ADNOC to acquire stake in ExxonMobil’s low-carbon hydrogen project in Texas

ADNOC and ExxonMobil have signed an agreement under which ADNOC will acquire a 35% equity stake in ExxonMobil’s low-carbon hydrogen and ammonia production facility in Baytown, Texas, U.S.

about 2 years ago
SARB field; Courtesy of ADNOC
Exploration & Production

AI-enabled digital ops step up offshore field’s oil production game by one-fourth of its previous level

ADNOC has harnessed the power of advanced digital solutions to raise the production bar at one of its oil fields off the coast of Abu Dhabi, UEA.

about 2 years ago
Leviathan; Source: NewMed Energy
Exploration & Production

Chevron gets down to the nitty-gritty of gas production boost at Mediterranean field with $429 million earmarked for FEED

Chevron and its partners in a giant natural gas field off the coast of Israel have greenlighted a multimillion-dollar investment to start the ball rolling on the front-end engineering design (FEED) phase for the proposed expansion of the gas export capacity from this Mediterranean field.

about 2 years ago
Illustration; Source: BP
Exploration & Production

BP to acquire 49% stake in Hyport Duqm green hydrogen project in Oman

DEME and OQ have reached an agreement to have BP as an equity partner and operator in the Hyport Duqm green hydrogen project.

about 2 years ago
Umm Lulu; Source: Technip Energies
Exploration & Production

New milestone for Technip Energies, as it wraps up work on mega offshore oil project

Technip Energies has completed all its contractual obligations for the second phase of an offshore oil field in the Arabian Gulf, 30 km northwest of Abu Dhabi, UAE.

about 2 years ago
Ocean Apex rig; Source: Diamond Offshore
Exploration & Production

Noble-Diamond Offshore merger process is off to a good start: Will it prompt further rig market consolidation moves?

With two of the world’s top five floating rig contractors merging into one, the market consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in offshore rig supply and demand dynamics.

about 2 years ago
FPSO Petrojarl Kong and FSO Yamoussoukro; Source: Eni
Exploration & Production

Eni’s revamped FPSO and FSO getting ready to set sail for ‘Africa’s first net-zero emissions’ oil & gas project (Video)

Eni and Altera Infrastructure have held a naming ceremony for an FPSO and FSO, which underwent conversion works for a year.

about 2 years ago
FPSO Energean Power; Source: Energean
Exploration & Production

UK firm greenlights $1.2 billion gas project offshore Israel

With a 30-year production license in hand, Energean has made a final investment decision (FID) for a phased development off the coast of Israel.

about 2 years ago
KBR’s technology selected for hydrogen and ammonia project in Oman
Exploration & Production

KBR’s technology selected for hydrogen and ammonia project in Oman

Shell has chosen KBR’s ammonia synthesis loop technology for its Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman.

about 2 years ago
KBR secures advisory role for Kuwait’s renewables and hydrogen project
Exploration & Production

KBR secures advisory role for Kuwait’s renewables and hydrogen project

KBR has been awarded an advisory consulting contract by Kuwait Oil Company for the development of a country-wide “masterplan” for the production of 17 GW of renewables and 25 GW of green hydrogen by 2050.

about 2 years ago
'Large' subsea win takes TechnipFMC offshore Israel
Exploration & Production

‘Large’ subsea win takes TechnipFMC offshore Israel

TechnipFMC has secured what it says is a large integrated engineering, procurement, construction, and installation (iEPCI) contract with London-based oil and gas player Energean for subsea infrastructure destined for a field offshore Israel. As part of the contract worth between $500 million and $1

about 2 years ago
Illustration; Source: Saipem
Exploration & Production

Saipem scores $500 million for work on two offshore oil projects in Middle East

Saipem has got its hands on multimillion-dollar assignments on two projects off the coast of Saudi Arabia with the country’s oil and gas heavyweight Aramco.

about 2 years ago