Israel Electric Corporation has signed a short-term gas supply agreement with Noble Energy-operated consortium running the Leviathan field development offshore Israel. The price, IEC said, is lower than the one being paid for Tamar gas.
The Carlyle Group has agreed to buy a significant minority share in the Spanish oil company CEPSA from Mubadala Investment company.
If the rest of 2019 continues at the same pace of discoveries as the first quarter, the year will exceed 2018’s discovered resources by 30%, according to energy intelligence group Rystad Energy.
Lebanon has approved the launch of the second offshore licensing round and has invited companies to submit bids for the available acreage.
Offshore Energy Today’s most popular news of the past week.
The worldwide offshore rig count for March 2019 decreased by two units sequentially but increased by 69 units year-over-year, according to Baker Hughes, a GE company (BHGE).
Italian offshore contractor Saipem has been awarded new contracts in offshore drilling in Norway and Middle East totaling over $200 million.
McDermott International has signed a joint venture agreement with Zamil Offshore to target the Maintenance, Modifications and Operations (MMO) market in Saudi Arabia.
Jan De Nul Group has successfully completed the cable installation scope for the Phase II Full Field Development at ADNOC’s NASR offshore oil field.
Subsea 7 has been awarded two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia.
Offshore Energy Today’s most popular news of the past week.
Offshore driller Shelf Drilling has secured a three-year contract for one of its jack-up drilling rigs.
Offshore drillers Ensco and Rowan Companies have received clearance from the General Authority for Competition in the Kingdom of Saudi Arabia for their pending combination.
UAE’s National Marine Dredging Company (NMDC) has awarded a contract to Stevin Rock for the supply of rock to ADNOC’s Ghasha artificial island construction project.
