OPEC, a permanent intergovernmental organisation of 13 oil-exporting developing nations that coordinates and unifies the petroleum policies of its members, is convinced that the recent assertions about the fossil fuels – coal, oil, and gas – demand peaking before 2030 are not supported by “consisten
Ocean Oilfield Integrated Solutions has started its new maintenance and upgrade assignment on a jack-up barge, which was awarded by the UAE-headquartered Gulf Marine Services (GMS).
Qatargas has changed its name to reflect its future vision and strategy for the country’s liquefied natural gas (LNG) sector.
Weening the world off fossil fuels and developing clean alternatives was bound to be hard even in perfect circumstances, but the latest global developments are bringing into question if any of the current efforts to decarbonize and reach net zero are even achievable in the given time-frames. Case in
Three new research papers point a potential finger at the changes in solar activity as the primary cause of climate change.
ADNOC is rolling up its sleeves to deliver more energy with lower emissions by employing various decarbonisation levers.
Borr Drilling has confirmed that one of its jack-up rigs, which recently left a shipyard in the UAE, started its new job in Saudi Arabia.
Wood Mackenzie’s report shows that the FLNG sector is thriving and ready for new capacity with Africa positioned at the heart of this growth.
Baker Hughes’ international rig count report shows a further increase in the number of offshore rigs in August 2023, as 4 additional units were recorded compared to the month before.
While Westwood believes that a newbuilding cycle will not happen anytime soon, any new rig orders are likely to be for jack-ups.
Oman LNG has signed binding term sheet agreements with Shell International Trading Middle East FZE and OQ Trading for the supply of more than 1.5 million tonnes per annum (mtpa) of LNG. The company announced the signing of the two agreements on 30 August via social media update. The first agreement
After Cyprus shot down an updated plan for the development of an offshore gas field, Chevron will need to engage in further talks.
TechnipFMC has agreed to a letter of award (LOA) that will expedite its provision of an integrated front-end engineering and design (FEED) study for Energean’s natural gas discovery in the Mediterranean Sea, offshore Israel.
ROVOP has been hired by Energean, enabling it to deploy an ROV onboard the gas-focused player’s field support vessel off Israel.
