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Fossil Energy

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First sales and purchase agreement inked for UAE's low-carbon LNG project
Fossil Energy

First sales and purchase agreement inked for UAE’s low-carbon LNG project

Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Germany’s Securing Energy for Europe (SEFE) for the long-term supply of low-carbon liquefied natural gas (LNG) from the Ruwais LNG plant in the UAE, set to be the first LNG export facility in the Middle East

about 1 year ago
A large vessel at sea
Fossil Energy

Four LNG carriers for QatarEnergy’s expanding fleet named in South Korea

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Qatar’s state-owned energy giant QatarEnergy has inaugurated four new liquefied natural gas (LNG) vessels built at the Samsung Heavy Industries (SHI) and Hanwha Ocean shipyards in South Korea.

about 1 year ago
ADNOC-Alpha Dhabi JV buying US downhole visualization company for $45 million
Fossil Energy

ADNOC Drilling-Alpha Dhabi JV buying US downhole visualization company for $45 million

A joint venture (JV) of UAE’s ADNOC Drilling and Alpha Dhabi is set to acquire a U.S.-headquartered provider of vision-based diagnostics and analytics services for the oil & gas sector for a consideration of approximately $45 million. The partners’ Enersol JV has agreed to acquire a 100% equity stak

about 1 year ago
An engineer wearing safety harness onboard a vessel
Fossil Energy

Younger generations key to securing energy sector’s future and tackling skills deficit, report suggests

As part of its My Energy Future initiative, the global non-profit safety and skills body for the energy industry OPITO has published a report on barriers preventing young people from entering the energy sector to glean insights into the steps stakeholders might take to make the industry more appeali

about 1 year ago
Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf
Fossil Energy

Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf

Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, is extending its subsea construction capabilities into the Middle East with the award of a maiden contract in the Arabian Gulf. POSH has secured a subsea umbilicals, risers and flow

about 1 year ago
SAFEEN Green, a remotely operated unmanned vessel (USV) that operates entirely on renewable electric power or biofuel.
Fossil Energy

UAE’s unmanned vessel entirely powered by renewables enters offshore sector

SAFEEN Subsea, part of AD Ports Group’s Maritime & Shipping Cluster, has launched SAFEEN Green, a remotely operated unmanned vessel (USV) that operates entirely on renewable electric power or biofuel. According to AD Ports Group, the USV is designed to revolutionize marine surveys and inspections us

about 1 year ago
Chinese manufacturer sends off cable for oilfield expansion project off Saudi Arabia (Video)
Fossil Energy

China-produced subsea cable on its way to oilfield expansion project off Saudi Arabia (Video)

China’s ZTT Submarine Cable & System has sent off the submarine cable destined for Saudi Aramco’s field expansion project towards the project site located offshore Dhahran, Saudi Arabia. Zuluf, described as a giant offshore oil field located in the Arabian Gulf, approximately 240 kilometers north of

about 1 year ago
Illustration; Source: Chevron
Fossil Energy

Isle of Man-based oil & gas firm passes the operator baton to Chevron for offshore block in Uruguay

Challenger Energy Group (CEG) has wrapped up the divestment of a majority stake in a shallow water exploration block off the coast of Uruguay. As a result, Chevron Uruguay Exploration, a wholly-owned subsidiary of the U.S.-based energy giant Chevron, is the block’s new operator.

about 1 year ago
Ocean Onyx semi-submersible rig; Source: Noble
Fossil Energy

Noble anticipates step-up in floater rig demand as deepwater oil & gas plays become ‘critical’ to global energy security

Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

about 1 year ago
Wärtsilä and Qatar Shipyard shake hands on eco-friendly maintenance and repair services
Fossil Energy

Wärtsilä and Qatar Shipyard shake hands on eco-friendly maintenance and repair services

Finnish technology group Wärtsilä has signed a memorandum of understanding (MoU) with Qatar Shipyard Technology Solutions, a joint venture between Nakilat and Keppel Offshore & Marine, related to maintenance and repair services involving eco-friendly technology, decarbonization, and dual-fuel conver

about 1 year ago
Courtesy of Subsea7
Fossil Energy

BP’s deal enabling Subsea7 and SLB-led OneSubsea to devise ‘fit-for-project’ solutions

BP has penned a global frame agreement with Subsea Integration Alliance, a strategic alliance between SLB’s OneSubsea and Subsea7.

about 1 year ago
MIP2 project offshore Saudi Arabia; Source: Subsea7
Fossil Energy

Subsea7 employs new installation method at Aramco’s giant offshore oil & gas project (Gallery)

Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors on the seabed to complete installation works at an oil and gas project off the coast of Saudi Arabia.

about 2 years ago
Al Shaheen field offshore Qatar; Source: Hengtong
Fossil Energy

Expansion of Qatar’s huge 30-year-old oil field brings subsea cable order to Hengtong

Hengtong will manufacture and construct the submarine fiber optic cable system, including branch units for a project, which is said to be the most important and strategic one for the future of Qatar’s largest offshore oil field.

about 2 years ago
Emirati vessel provider wins contract in European offshore wind sector
Fossil Energy

GMS wins vessel contract in European offshore wind sector

Gulf Marine Services (GMS), a UAE-headquartred provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to $505 million thanks to a new contract in Europe and the extension of two existing ones in the Middle East. GMS reported on October 10

about 2 years ago