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Oil & Gas

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Fossil EnergyBusiness Developments & ProjectsPipesProduction & ProcessingSubseaBusiness & FinanceEquipmentOutlook & StrategyProject & TendersVisionDecommissioningFPSO & VesselsLiquefied Natural GasLow-Carbon TransitionExploration & ProductionMarket OutlooksTransitionAuthorities & GovernmentEnvironmentRegulation & PolicyCarbon Capture Usage & StorageVesselsRigsInfrastructure
An offshore platform
Oil & Gas

Field development update boosts Rex’s reserves estimate off Oman

Singapore’s Rex International Holding Limited has disclosed the results of an updated independent qualified person’s report (QPR) for its field offshore Oman.

about 1 year ago
Vallourec lands 'large' Qatar deal weeks after acquiring Brazillian pipe coating firm
Oil & Gas

Vallourec lands ‘large’ Qatar deal weeks after acquiring Brazillian pipe coating firm

French provider of tubular solutions Vallourec has secured a contract defined as large for the supply of oil country tubular goods (OCTG) for drilling operations in Qatar, representing over $50 million in potential revenue. According to the company, the agreement includes the supply of carbon steel

about 1 year ago
EnerMech recently won its first major decommissioning campaign in the U.S. Gulf region with ExxonMobil; Source: EnerMech
Oil & Gas

Interview: High-growth regions, subsea, and FPSO jobs unlocking EnerMech’s resilience in energy realms

EnerMech, an Aberdeen-headquartered integrated solutions specialist, has pinpointed the focus on high-growth regions, subsea work, and floating production, storage, and offloading (FPSO) assignments as its tripartite resilience formula, which it uses as keys to achieving resilience against the backd

about 1 year ago
Chevron-operated Leviathan gas asset; Source: NewMed Energy
Oil & Gas

Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge

A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant offshore hydrocarbon production taps for safety reasons.

11 minutes read
Darwin LNG; Source: Santos
Oil & Gas

ADNOC’s XRG and partners make multi-billion dollar move for Australian energy giant

Australian energy player Santos has received a final, non-binding indicative offer from a consortium led by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), comprising Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, to purchase all of its shares.

about 1 year ago
Illustration; Source: ADNOC
Oil & Gas

ADNOC, Inpex, Eni, PTTEP, and Pakistan’s PIOL emerge as winners of three oil & gas blocks

The Supreme Council for Financial and Economic Affairs (SCFEA) has handed out three separate oil and gas production concessions to the UAE-based Abu Dhabi National Oil Company (ADNOC) and its partners, including Japan’s Inpex Corporation, Italy’s Eni, Thailand’s PTTEP, and Pakistan International Oil

about 1 year ago
Illustration; Source: ADNOC Gas
Oil & Gas

Trio lands $5B contracts to support ADNOC’s gas output expansion

ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has taken a final investment decision (FID) for the first phase of its project aiming to optimize existing gas assets while unlocking new gas streams. As part of this, the UAE giant has handed out engineering, procurement,

about 1 year ago
Illustration; Source: QatarEnergy
Oil & Gas

Qatar’s LNG newbuilds getting safety upgrade under €22.7M deal

Maritime Protection, an affiliate of global survival technology solutions provider Survitec, has won a contract to supply dry inert gas systems for 24 liquefied natural gas (LNG) carriers under construction in China as part of QatarEnergy’s LNG fleet expansion program.

about 1 year ago
Artist's rendering of the Ruwais LNG concept design; Source: ADNOC
Oil & Gas

Five-year plan puts ADNOC’s XRG on path toward gas and LNG expansion

XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has received endorsement from its board of directors for its five-year business plan, pointing it in the direction of creating a top five integrated global gas and liquefied natural gas (LNG) business with 20–25 mill

about 1 year ago
Hoegh Gandria; Source: Höegh Evi
Oil & Gas

New booking enables Wärtsilä to work on Egypt-bound FSRU conversion gig

Wärtsilä has received a new regasification module order from Höegh Evi for a conversion project that will see a liquefied natural gas (LNG) carrier repurposed into a floating storage and regasification unit (FSRU) destined for deployment in Egypt.

about 1 year ago
Illustration; Source: ADNOC Drilling
Oil & Gas

15-year drilling assignment enables rig duo to rake in $1.15 billion

ADNOC Drilling has expanded its workload with ADNOC Offshore, a compatriot oil and gas heavyweight, by securing another multi-year drilling campaign in the Middle East, which will be undertaken by two of its jack-up rigs.

about 1 year ago
Hail and Ghasha mega gas development concept; Source: ADNOC
Oil & Gas

Lukoil boosts its share in huge offshore sour gas project as OMV exits

Austria-headquartered oil and gas player OMV has struck a deal with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a giant sour gas development off the coast of the United Arab Emirates (UAE).

about 1 year ago
Nakilat cheers steel cutting of 17 new LNG carriers at Hyundai Heavy Industries' shipyard; Courtesy of Nakilat
Oil & Gas

Korean shipyard begins piecing together 17 LNG ships for QatarEnergy’s fleet expansion quest

Nakilat has revealed a steel-cutting ceremony for 17 new liquefied natural gas (LNG) carriers, which was hosted at Hyundai Heavy Industries (HHI) shipyard in South Korea.

about 1 year ago
LNG vessel at sea
Oil & Gas

Second of six Chinese-built LNG carriers delivered to ADNOC L&S

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has welcomed the second of six newbuild liquified natural gas (LNG) carriers from China’s Jiangnan Shipyard.

about 1 year ago
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