The Iran-Israel escalation puts the Middle East on the verge of a wider war with the potential to wreak havoc on global trade flows, and oil, gas, and LNG exports.
TotalEnergies has made a final investment decision (FID) for an LNG project in Oman, which is designed to run on solar power.
Stena Drilling has tucked a new drilling assignment under its belt, thanks to a drillship deal with Energean for drilling activities off the coast of Morocco.
ADES, COSL, and Arabian Drilling have joined the rig owners that have confirmed a temporary suspension of operations for one or more rigs in the Middle East.
Borr Drilling has received a notice of temporary suspension of operations for one of its jack-up rigs working for Aramco.
Valaris has confirmed the receipt of a suspension for one of its 19 contracted rigs working for Saudi Arabia’s Aramco.
The second phase of QatarEnergy’s giant shipbuilding program has surpassed the 100 mark, reaching 104 conventional LNG vessels.
Masirah Oil, a subsidiary of Singapore’s Rex International, has embarked on a multi-well drilling program at a field off the coast of Oman.
UAE energy giant Abu Dhabi National Oil Company (ADNOC) has started crude oil production from its Belbazem offshore block, helping meet growing demand for Abu Dhabi’s lower-carbon intensity oil and gas. The block, operated by Al Yasat Petroleum, a joint venture between ADNOC and China National Petro
The rift between the current energy landscape and greener desires continues to expand, putting global net zero targets in peril.
Energean is looking forward to receiving a 30-year production license soon for an area where a string of gas discoveries was made in 2022.
A new IEA analysis emphasizes the need for more action to bring forth the required emission reductions by 2030.
Baker Hughes’ rig count report shows that two rigs left the working international offshore fleet in February 2024.
Shelf Drilling has won a contract extension for a jack-up rig working on an assignment in the Gulf of Suez off the coast of Egypt.
