The energy world will be watching closely as members of OPEC hold final meeting in Vienna on Thursday to decide on whether to extend the oil production cuts until the end of 2018.
Wood has entered into a memorandum of understanding with Saudi Aramco to create and accelerate opportunities for local workforces in Saudi Arabia.
Abu Dhabi’s Supreme Petroleum Council (SPC) on Monday approved ADNOC’s key strategic investments program, according to which the state-owned oil and gas company plans to spend over $108.9 billion over the next five years. The SPC is the highest governing body of the oil and gas industry in Abu Dhabi
Read Offshore Energy Today’s most popular news for the week November 20 – 26, 2017
The Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi Ports are to establish a joint Marine Simulator Centre in Musaffah, Abu Dhabi, to provide a range of maritime training for the UAE’s marine workforce. Under this long-term partnership, the Marine Simulation Centre will provide training for ADN
McDermott has confirmed a major contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Safaniya onshore and offshore field off Saudi Arabia.
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One Greek and four Indian oil and gas companies submitted bids for exploration acreage offshore Israel. Israel’s Energy Ministry on Thursday said that bids were submitted by Greece’s Energean, and a consortium of Indian companies that includes ONGC Videsh Limited, Bharat Petro Resources Limited, Ind
Crane specialist Rusch Crane Services Middle East has been awarded the contract for replacement and refurbishment of 23 overhead cranes at Das Island offshore Abu Dhabi. Rusch ME has been set up in September 2016 as a full licensed crane service company and as a subsidiary of Netherlands-based Rusch
Oil shouldn’t be written off too early, despite the expected sharp rise in gas and renewables over the next 25 years. This is according to the International Energy Agency which forecasts that over the next 25 years, the growing energy needs will be met by renewables and gas first. In its World Energ
The Government of the Sultanate of Oman, OOCEP, and Eni have entered into an exploration and production sharing agreement for Block 52 off Oman.
ADNOC, ExxonMobil and Japan’s Inpex have made an agreement to increase production capacity from the Upper Zakum oil field to one million barrels per day by 2024.
French shipbuilder Piriou has delivered another fast personnel and supply vessel (FPSV) to Jana Marine, a Saudi Arabian provider of marine services to the offshore o&g industry. The FPSV named Jana 18 was delivered six months after the delivery of its sister vessel, the Jana 17 which was delivered t
Japan’s Mitsui will form a joint venture with BW Group to jointly own the Floating Storage and Regasification Unit (“FSRU”) BW Integrity, set to operate in Pakistani waters. According to Mitsui, the deal is expected to close as soon as the payment for the 49% stake is completed. This deal is the fir
