Wintershall Dea has decided to divest its interest in the Gulf of Suez concession after 38 years of production.
Italian oil and gas company Eni has made a gas discovery in its first exploration well in waters offshore Abu Dhabi.
In the face of decarbonisation challenges, presenting a united front seems to be a way around for offshore energy players. During the last week of January, we have witnessed a number of cross-sector collaborations established with a single aim to eliminate carbon emissions and reach the net-zero des
KUFPEC has revealed its first operated offshore gas discovery, following a successful drilling campaign in the Anambas Block, off Indonesia.
Global upstream merger and acquisition deals rebounded to pre-Covid-19 levels in 2021, reaching a total of $181 bln, Rystad Energy’s says.
Heerema Marine Contractors has secured a contract with McDermott to transport and install six jackets for Saudi Aramco’s Marjan project.
Singapore-based offshore service operator Nortrans Offshore has secured a five-year charter contract extension with the US energy major Chevron for the subsea vessel Nor Naomi.
Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever recorded by the company.
Energean expects an eventful year ahead as it is working to achieve several important milestones for its project located offshore Israel.
Abu Dhabi-based rig operator is now only 1 rig shy of 100 following an introduction of two more jack-up rigs to its fleet.
Prysmian has entered into a Limited Notice to Proceed (LNTP) for the supply of power cables for what is said to be the first-of-its-kind high-voltage, direct current (HVDC-VSC) subsea power transmission system in the Middle East. Prysmian received the €220 million LNTP from Samsung C&T as part of it
Wood has marked a year of strategic growth in the Middle East region after accumulating $580 million of secured backlog in 2021.
Global oil & gas investments will expand by $26 bln this year as the industry continues its recovery from the pandemic, Rystad Energy says.
Westwood Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022.
