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Fossil Energy

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PGNiG and Black Cat MoU signing
Fossil Energy

Polish PGNiG and Qatari Black Cat join forces for oil & gas projects

PGNiG and Black Cat have signed a Memorandum of Understanding to cooperate on oil and gas production projects in the Gulf region.

about 5 years ago
Petrofac
Fossil Energy

Sentencing hearing in Petrofac bribery case delayed

Petrofac has reached a plea agreement with the UK Serious Fraud Office in relation to its investigation into its historical use of agents.

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about 5 years ago
Jack-up rig with electrolyser
Fossil Energy

In focus: Converting jack-up rigs and combining offshore wind & hydrogen for low-carbon future

This week saw a plethora of energy transition-related news across the offshore energy industry with updates telling of alternative deployments for offshore drilling rigs, new projects combining offshore wind and hydrogen, the urgency to decarbonise the shipping sector, and more.

about 5 years ago
Saipem - Saudi Aramco
Fossil Energy

Saipem and Saudi Aramco to explore creating new EPC player in Saudi Arabia

Saipem and Saudi Aramco will explore the possibility of setting up a potential new company in Saudi Arabia for offshore engineering and construction operations.

about 5 years ago
CCS - Houston - ExxonMobil
Fossil Energy

In focus: Energy transition is not moving forward – it is leaping towards net-zero goal

Not long has passed since the first industry and governmental commitments to making concrete moves towards cleaner energy and shipping sectors. The road of the global energy transition started with pledges and strategies, and is planned to end in a greener, cleaner world – with all that needs to be

about 5 years ago
Halliburton
Fossil Energy

Halliburton to execute Energean’s drilling campaign off Israel

Halliburton has been awarded an integrated services contract to execute a drilling and completions campaign for Energean in Israel.

about 5 years ago
Penspen
Fossil Energy

Penspen wins $70 million worth of new deals in Middle East and Africa

Engineering and management services provider Penspen has secured over $70 million worth of new contracts in the Middle East and Africa.

about 5 years ago
ADNOC Drilling
Fossil Energy

H&P to invest $100 million in ADNOC Drilling IPO

U.S.-based rig technologies and drilling solutions provider Helmerich & Payne will invest about $100 million in ADNOC Drilling’s IPO.

about 5 years ago
ADNOC Drilling
Fossil Energy

ADNOC to float drilling unit in Abu Dhabi IPO

Abu Dhabi’s energy giant ADNOC is planning on selling a minimum 7.5 per cent stake in its drilling unit ADNOC Drilling in an initial public offering (IPO).

about 5 years ago
Illustration; Source: Mubadala Petroleum
Fossil Energy

Eni and Mubadala to pursue energy transition opportunities

UAE-based Mubadala Petroleum and Italy’s Eni have agreed to collaborate on the energy transition-related initiatives.

about 5 years ago
TAQA
Fossil Energy

Abu Dhabi’s TAQA considering sale of oil & gas business

Abu Dhabi National Energy Company PJSC (TAQA) has initiated a strategic review of its oil and gas operations.

about 5 years ago
energy transition
Fossil Energy

In focus: Enabling the future step by step

When it comes to the energy transition, we have already seen that the first-mover advantage is there.

about 5 years ago
Energy Transition Outlook - DNV
Fossil Energy

Energy transition not fast enough as fossil fuels will still hold half of global energy mix by 2050, DNV warns

DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.

about 5 years ago
ADNOC
Fossil Energy

ADNOC partners with Pakistani companies for the first time

ADNOC has awarded exploration rights for Abu Dhabi’s Offshore Block 5 to a consortium of four Pakistani companies.

about 5 years ago