Abu Dhabi National Oil Company (ADNOC) has ordered subsea umbilicals for Aker Solutions for its Dalma gas development project off UAE.
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Seadrill Limited has entered into a joint venture with Gulf Drilling International (GDI) following a recent contract award to GDI by Qatar Petroleum. Last May, Qatar Petroleum awarded contracts for a total of eight offshore jack-up drilling rigs required for the North Field Expansion (NFE) Project o
High-impact exploration drilling activity increased substantially in the first half of 2019 with 51 exploration wells completed, compared to 36 in the same period in 2018, according to Westwood.
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Oil market is going from gloomy to gloomier, according to Norwegian energy intelligence firm Rystad Energy.
Mermaid Maritime’s Middle East and South East Asian business units have recently been awarded subsea contracts with a combined total estimated potential contract value of $7.4 million.
The worldwide offshore rig count in July 2019 went up by 10 units compared to June, and 45 year over year, according to monthly rig count reports by Baker Hughes, a GE company.
Shelf Drilling reduced its net loss in the second quarter of 2019 and added $343 million to its contract backlog since the beginning of April 2019.
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McDermott International has been awarded another large contract by Saudi Aramco. McDermott said on Thursday that, under the contract, it would provide engineering, procurement, construction and installation (EPCI) of a production deck module (PDM) in the Hasbah gas field with hook-up and modificatio
Greek oil and gas company Energean has been awarded four new licenses for oil and gas exploration in the Israeli EEZ.
In an analysis of the oilfield service industry, sector intelligence firm Rystad Energy noted that the main driver of employment was shifting from shale to offshore.
GSP has signed a contract with TechnipFMC for the execution of various works within the Karish Gas Development Project in Israel.
