Following contract preparations in Singapore, two jack-up rigs from Borr Drilling are en route to Saudi Arabia.
E&P company Energean has announced a new gas production from the Abu Qir concession located offshore Egypt.
Oil major Chevron and its partners in the Aphrodite gas field off Cyprus have allocated funds for the drilling of an appraisal well and other development costs for the project.
Ramp-up of oil & gas investments and a new energy transition plan are required for a secure and sustainable energy future, says Aramco’s CEO.
A new report outlines challenges for the long-term energy transition outlook as the global energy crisis unfolds.
UAE’s ADNOC and Italy’s Eni are contemplating options to explore opportunities to increase the security of gas supply.
The volatility within the energy market has forced nations to look inward for solutions to this global issue and cut their reliance on energy imports or diversify their sources of supply. Looking longer-term, if this approach becomes a policy and not a one-off solution to a one-off problem, this kin
Energean is on track to deliver the first gas from the Karish gas project located offshore Israel within weeks.
UAE’s ADNOC Offshore has awarded a $548 million contract for a new main gas line at its Lower Zakum field offshore of Abu Dhabi.
Seadrill has entered into a binding share purchase agreement with ADES to sell the legal entities that own and operate seven jack-ups in Saudi Arabia.
UAE’s ADNOC has awarded framework deals described as “largest-of-its-kind” totalling $1.83 bln for drilling-related services to five firms.
The IEA and the OECD outline in their new analysis that the backing for fossil fuels almost doubled in 2021, reaching $697.2 billion.
ADNOC Drilling has inked a deal to acquire an additional premium offshore jack-up drilling rig as part of its fleet expansion programme.
India’s Aban Offshore has completed the sale of a jack-up drilling rig to ADES International, which was postponed on several occasions.
