The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have added Wintershall to the Ghasha ultra-sour gas mega project with a 10 per cent stake.
Boskalis says the deal could generate “multiple hundreds of millions of euros revenue for Boskalis.”
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Subtech Group has recently been awarded multi-million-dollar contracts in the Middle East with a major oil and gas contractor.
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Dutch Damen Shipyards Group has handed over four new fast crew suppliers to Allianz Middle East Ship Management.
ADNOC has signed a framework agreement with King Fahd University of Petroleum and Minerals to explore potential opportunities for collaboration in research and development.
Jack-up rig specialist Shelf Drilling expects rig utilization to further increase in 2019, but the CEO has acknowledged the dayrates have yet to pick up.
Offshore driller Shelf Drilling has elected a new chairman of the company, effective immediately.
The Abu Dhabi government and ADNOC have signed the first of a series of concession agreements with Italy’s oil and gas company, Eni, awarding it a 25 percent stake in its offshore ultra-sour gas mega project.
The OPEC-Non-OPEC JMMC concluded during its eleventh meeting that the oil supply could rise higher than global requirements in 2019.
ROVOP, a provider of underwater remotely operated vehicles, has expanded in the Middle East with a new base in the region.
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Ampelmann has opened its second office in the Middle East in a move to further expand its presence in the region.