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.
Offshore Energy Today’s most popular news of the past week.
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
Offshore drilling contractor Ensco has secured new drilling contracts for the floater as well as jack-up part of its drilling fleet.
Royal Boskalis Westminster has acquired a 62.5% majority stake in the Horizon Group from the United Arab Emirates.
James Fisher and Sons has continued its expansion in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting.
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.
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
Offshore Energy Today’s most popular news of the past week.
Noble Corporation has bought a second newbuild Gusto MSC CJ46 design jack-up rig from the PaxOcean Group (PaxOcean) for $83.75 million.
UAE-based Gulf Marine Services has named a new chief financial officer and a non-executive director.
Trendsetter Engineering has completed the design and build of subsea production equipment for Noble Energy’s Leviathan project.
It’s gotta stop at some point. And it will. There’s more excitement coming.
World’s largest oil company Saudi Aramco has chartered the Setty jack-up drilling rig from the Egyptian drilling contractor EDC.