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Exploration & Production

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ADNOC Drilling
Exploration & Production

ADNOC to float drilling unit in Abu Dhabi IPO

Abu Dhabi’s energy giant ADNOC is planning on selling a minimum 7.5 per cent stake in its drilling unit ADNOC Drilling in an initial public offering (IPO).

about 5 years ago
Energy Transition Outlook - DNV
Exploration & Production

Energy transition not fast enough as fossil fuels will still hold half of global energy mix by 2050, DNV warns

DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.

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about 5 years ago
ADNOC
Exploration & Production

ADNOC partners with Pakistani companies for the first time

ADNOC has awarded exploration rights for Abu Dhabi’s Offshore Block 5 to a consortium of four Pakistani companies.

about 5 years ago
Noble Roger Lewis
Exploration & Production

Noble to sell four jack-up rigs for $292 million

Noble Corporation has reached a definitive agreement to sell four jack-ups to ADES International for $292 million.

about 5 years ago
Al-Shaheen field off Qatar
Exploration & Production

Two new deals awarded for Qatar’s giant offshore oilfield

North Oil Company, the operator of the Al-Shaheen field offshore Qatar, has awarded contracts to PTSC and to Rosetti Marino.

about 5 years ago
Saudi Arabia’s Minister of Energy - OPEC
Exploration & Production

OPEC & allies agree to boost output from August and phase out cuts in September 2022

OPEC and allies have agreed to increase oil production starting from August 2021 with plans to end production cuts by end of September 2022.

about 5 years ago
DSME will build a platfrom for the Al-Shaheen field off Qatar
Exploration & Production

DSME wins $635 million order to build platform for Qatar’s giant oil field

South Korea’s DSME has been awarded a contract to deliver an offshore crude oil production platform for Qatar’s largest oil field.

about 5 years ago
World’s recoverable oil resources take a hit, Rystad says
Exploration & Production

World’s recoverable oil resources take a hit, Rystad says

The world’s remaining recoverable oil resources are now seen as 9% slimmer but the commercial volumes can keep global warming below 1.8˚C.

about 5 years ago
ADNOC
Exploration & Production

Schlumberger and Halliburton win big as ADNOC dishes out $763.7 million in new deals

UAE’s oil and gas giant ADNOC is making an investment of $763.7 million in integrated rigless services on six of its artificial islands.

about 5 years ago
In focus: Bridging the gaps in hydrogen technologies
Exploration & Production

In focus: Bridging the gaps in hydrogen technologies

A collection of energy transition-related updates across the industry was heavily focused on hydrogen and its role in reaching net-zero goals.

about 5 years ago
Valaris
Exploration & Production

Hot streak for Valaris continues with new Saudi Aramco deal

The trend of winning new deals and extensions continues for offshore drilling contractor Valaris following another extension for one of its jack-up rigs.

about 5 years ago
Sapphire Driller rig - Vantage Drilling
Exploration & Production

Another year added to Vantage rig contract

Vantage Drilling has secured an additional year of contract for a jack-up unit while two other jack-up rigs have started their gigs.

about 5 years ago
Energean will use the Stena IceMax drillship for drilling in Israel
Exploration & Production

Energean to target over 1 billion boe in Israel with Stena drillship

E&P company Energean has signed a contract with Stena Drilling for its 2022 – 2023 growth drilling programme located offshore Israel.

about 5 years ago
The Noble Corporation-owned Pacific Khamsin drillship
Exploration & Production

Noble Corp. lands more work for two drilling rigs

Noble Corporation has secured more work for two of its drilling rigs while one jack-up unit has been warm stacked in the UK.

about 5 years ago