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Fossil Energy

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Business & FinanceNewsExploration & ProductionEquipment
ADNOC in $4B pipeline investment deal with BlackRock, KKR
Fossil Energy

ADNOC in $4B pipeline investment deal with BlackRock, KKR

Abu Dhabi’s ADNOC has signed a multi-billion-dollar pipeline infrastructure partnership with KKR and BlackRock, two of the world’s leading institutional investment funds.

about 7 years ago
Popular news, February 18 – 24, 2019
Fossil Energy

Popular news, February 18 – 24, 2019

Offshore Energy Today’s most popular news of the past week.

about 7 years ago
Global FID volumes in 2019 to triple over last year, Rystad says
Fossil Energy

Global FID volumes in 2019 to triple over last year, Rystad says

A surge in final investment decisions (FIDs) this year on new petroleum projects worldwide could see sanctioned volumes of oil and gas – excluding shale and tight oil and gas prospects – nearly triple compared to last year’s tally, business intelligence firm Rystad Energy has said. The collective vo

about 7 years ago
New drilling contracts pour in for Ensco rigs
Fossil Energy

New drilling contracts pour in for Ensco rigs

Offshore drilling contractor Ensco has secured new drilling contracts for the floater as well as jack-up part of its drilling fleet.

about 7 years ago
Boskalis buys majority stake in UAE-based provider of marine surveys
Fossil Energy

Boskalis buys majority stake in UAE-based provider of marine surveys

Royal Boskalis Westminster has acquired a 62.5% majority stake in the Horizon Group from the United Arab Emirates.

about 7 years ago
James Fisher expands in Middle East with Murjan acquisition
Fossil Energy

James Fisher expands in Middle East with Murjan acquisition

James Fisher and Sons has continued its expansion in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting.

about 7 years ago
Oilfield services giants strengthen foothold in Qatar
Fossil Energy

Oilfield services giants strengthen foothold in Qatar

Qatari national oil and gas company Qatar Petroleum has signed agreements with oilfield services majors Schlumberger and Baker Hughes which will see the two companies strengthen their presence in the country.

about 7 years ago
McDermott, Nakilat in offshore construction JV
Fossil Energy

McDermott, Nakilat in offshore construction JV

Offshore construction and installation specialist McDermott will team up with Qatar’s Nakilat to provide offshore and onshore fabrication services in Qatar through a joint venture company

about 7 years ago
Popular news, February 11 – 17, 2019
Fossil Energy

Popular news, February 11 – 17, 2019

Offshore Energy Today’s most popular news of the past week.

about 7 years ago
Noble buys second jack-up from PaxOcean. Bags Saudi Aramco contract
Fossil Energy

Noble buys second jack-up from PaxOcean. Bags Saudi Aramco contract

Noble Corporation has bought a second newbuild Gusto MSC CJ46 design jack-up rig from the PaxOcean Group (PaxOcean) for $83.75 million.

about 7 years ago
Gulf Marine chooses new CFO and non-executive director
Fossil Energy

Gulf Marine chooses new CFO and non-executive director

UAE-based Gulf Marine Services has named a new chief financial officer and a non-executive director.

about 7 years ago
Trendsetter delivers subsea equipment for Noble’s Leviathan project
Fossil Energy

Trendsetter delivers subsea equipment for Noble’s Leviathan project

Trendsetter Engineering has completed the design and build of subsea production equipment for Noble Energy’s Leviathan project.

about 7 years ago
Bassoe: Mind-numbing boredom consumes the offshore rig market, but it won’t last
Fossil Energy

Bassoe: Mind-numbing boredom consumes the offshore rig market, but it won’t last

It’s gotta stop at some point. And it will. There’s more excitement coming.

about 7 years ago
Saudi Aramco takes EDC jack-up on a five-year contract
Fossil Energy

Saudi Aramco takes EDC jack-up on a five-year contract

World’s largest oil company Saudi Aramco has chartered the Setty jack-up drilling rig from the Egyptian drilling contractor EDC.

about 7 years ago
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