The Iraqi government has issued an award letter to U.S.-based Excelerate Energy to develop the country’s integrated floating liquefied natural gas (FLNG) import terminal.
A consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has withdrawn its $18.7 billion non-binding indicative offer for Australia’s energy player Santos.
Dubai-based offshore vessel operator Astro Offshore, an Adani Group company, has expanded its fleet with four platform supply vessels (PSVs) and one multipurpose supply vessel (MPSV), which boost the UAE-headquartered firm’s operational efficiency and fleet versatility.
Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, wi
ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has tightened its grip on 33 jack-up rig additions to its fleet by revising its cash merger offer to bring the UAE-based Shelf Drilling into its fold. As a result, more than half
Given the ongoing global energy security concerns, Egypt has taken further steps to deepen energy alliances with international players, including Chevron, Hoegh Evi, SLB, and Energean. These and similar undertakings are paving the way to boost exploration, liquefied natural gas (LNG), and sustainabi
Subsea7 has secured a new project with Saudi Arabia’s energy giant Aramco under their long-term agreement (LTA), covering pipeline work and topside modification. Subsea7’s contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and exp
Qatar’s state-owned oil & gas giant QatarEnergy has entrusted China’s Offshore Oil Engineering Company (COOEC) with two segments of work related to its redevelopment project off the Persian Gulf state’s coast. This package set, worth approximately $4 billion, is said to set a new contract value reco
London-based oil and gas player Energean is expecting to bring online in less than two years the first chapter of an area in the Mediterranean, containing a string of gas discoveries made in 2022, as part of a phased development off the coast of Israel.
NMDC Group PJSC, a provider of engineering, procurement, construction (EPC), and marine dredging services, has signed an agreement with ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the UAE’s Abu Dhabi National Oil Company (ADNOC), to explore collaboration on del
BP has taken steps to expand its natural gas arsenal in the Mediterranean Sea by striking a deal with Egypt for a multi-well drilling campaign, which is expected to yield new finds that will prolong the lifespan of existing production facilities in the West Nile Delta.
The shares of ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), are set to be included in the international equity index FTSE Emerging Index, which is part of the FTSE Russell Global Equity Index Series (GEIS).
Dubai-based offshore vessel operator Astro Offshore, an Adani Group Company, has enlarged its fleet with two platform supply vessels (PSVs), bolstering the UAE-headquartered firm’s fleet versatility.
Advanced Energy Systems (ADES), part of Saudi Arabia-headquartered ADES Holding, has signed a multi-year contract extension with the state-owned QatarEnergy for a jackup rig from its fleet.
