The contribution from Qatar’s giant North Field in the Persian Gulf is expected to boost Qatar’s LNG production to 126 million tons per annum by 2027. This is a 64% increase from the current 77 mtpa, Qatar Petroleum said Monday.
Offshore Energy Today’s most popular news from the past week.
Energean Oil and Gas and MRC Alon Tavor have signed a gas sales and purchase agreement for the sale of approximately 0.5 Bcm/yr, or up to 8 Bcm over the term of the contract from the Karish field offshore Israel.
The Abu Dhabi National Oil Company (ADNOC) has entered into a partnership with Honeywell for one of the largest predictive maintenance projects in the oil and gas industry.
Yemeni rebel group Houthi has reportedly hijacked two South Korean vessels and one Saudi vessel off the Island Karaman in the Red Sea. Some reports claim an oil rig has been hijacked
The global oil and gas supermajors are looking to sell assets that could bring in a total of $27.5 billion, according to energy intelligence firm Rystad Energy.
Offshore Energy Today’s most popular news from the past week.
Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels, has improved its financial situation due to recently won contract awards.
Saipem has been awarded a subsea contract by ExxonMobil for the proposed Payara development project located in the Stabroek block offshore Guyana.
UAE’s National Petroleum Construction Company (NPCC) has expanded its fleet with the offshore construction vessel Delma 2000.
UAE-based ADNOC Drilling will order dozens of drilling rigs by 2025.
IMI, a JV company between Lamprell, Saudi Aramco, Bahri, and Hyundai Heavy Industries, has announced the name for the GustoMSC-design jack-up rig which is expected to be built in 2021. The offshore oil and gas drilling rig will be named “IMI-2030.”
ADNOC has signed an agreement with AI, cloud, and supercomputing company Group 42 to establish a joint venture to develop and commercialize AI products for the oil and gas industry.
Injazat and Lamprell, a provider of fabrication, engineering and contracting services to the offshore and onshore oil & gas and energy sector, signed a Memorandum of Understanding and have started collaborating to create and market digital solutions focused on the oil and gas and renewables markets.
