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Oil & Gas

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Jan De Nul
Oil & Gas

Jan De Nul making headway on landmark $3.8B Middle Eastern interconnection project

Jan De Nul has completed the installation of a portion of cables for what is described as the first-of-its-kind HVDC submarine cable project in the Middle East and North Africa (MENA) region, set to connect ADNOC’s offshore operations to TAQA’s clean onshore power network. Abu Dhabi National Oil Com

about 1 year ago
Sapphire Driller rig; Source: ADES
Oil & Gas

QatarEnergy and TotalEnergies JV prolong rig’s drilling gig for four years

ADES has won a multi-year contract extension for one of its jack-up rigs with North Oil Company (NOC), a joint venture (JV) between QatarEnergy (70%) and TotalEnergies (30%).

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

Fresh ten-year gig puts another ADES rig back in Aramco’s oil & gas orbit

ADES Group has landed a long-term contract renewal in the Kingdom of Saudi Arabia (KSA), which allows another one of its previously suspended jack-ups to return to work with Aramco, a Saudi energy giant.

about 1 year ago
ADNOC secures exclusive rights for 'critical tech' for oil & gas well completions
Oil & Gas

ADNOC secures exclusive rights to ‘critical tech for completing oil & gas wells’

UAE’s Abu Dhabi National Oil Company (ADNOC) has signed a strategic agreement with Tubacex through which it has secured exclusive rights to use the Spanish company’s tubular joint connection technology, seen as “critical for completing oil & gas wells”. The companies have signed a strategic agreemen

about 1 year ago
Several men standing in front of a screen holding documents
Oil & Gas

Vitol broadening LNG supply base thanks to deal with Omani firm

Energy and commodities company Vitol has signed a liquefied natural gas (LNG) term sale and purchase agreement (SPA) with Oman LNG, a joint venture company between the Government of the Sultanate of Oman and seven global energy players.

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

US energy giants poised to pour $60 billion into UAE oil & gas projects

Abu Dhabi National Oil Company (ADNOC) has strengthened its energy bonds with U.S. energy majors, thanks to deals to ramp up oil and gas production capacity at two giant fields.

about 1 year ago
A large vessel at sea
Oil & Gas

Chinese player hands over first of three LNG newbuilds for QatarEnergy’s growing fleet

China LNG Shipping has delivered a liquefied natural gas (LNG) carrier to Qatar’s state-owned energy giant QatarEnergy.

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

AI and clean tech enabling oil boost and emission cuts at world’s second largest offshore field

ADNOC has decided to move forward with a phased development plan to expand a giant offshore oil field, increasing output through new technologies while curbing greenhouse gas (GHG) emissions to ensure more sustainable operations.

about 1 year ago
Boskalis' vessels working in Oman; Source: Boskalis
Oil & Gas

Boskalis vessels ‘spot hunting’ to clear the way for new LNG terminal

Boskalis has deployed a set of dredgers and other vessels from its fleet in the Middle East to lay the groundwork for the creation of a new liquefied natural gas (LNG) terminal in the port of Sohar, bringing Oman closer to turning its dreams of housing the first LNG bunkering hub in the Middle East

about 1 year ago
Illustration; Source: Saudi Aramco
Oil & Gas

Aramco goes on contracting spree as US players split its $90 billion cake into 34 slices

Aramco, Saudi Arabia’s energy heavyweight, has dished out multiple deals spanning liquefied natural gas (LNG), fuels, chemicals, emission-reduction technologies, artificial intelligence (AI), and other digital solutions, manufacturing, asset management, short-term cash investments, and procurement o

about 1 year ago
Rendering of Louisiana LNG terminal
Oil & Gas

Aramco eyes joining Woodside’s recently okayed US LNG project

Australia’s energy giant Woodside Energy has signed a non-binding collaboration agreement with Saudi Arabia’s energy heavyweight Aramco to explore global opportunities.

about 1 year ago
Noble Discoverer rig; Source: Noble
Oil & Gas

Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 billion backlog: Is rig demand tapering off?

Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.

11 minutes read
Aerial view of an offshore rig with a smaller vessel next to it
Oil & Gas

Valaris-Aramco JV racks up jackup quintet extensions

Saudi Arabia’s energy heavyweight Aramco has handed out a multi-year agreement extension for five offshore drilling jack-up rigs to ARO Drilling, its 50/50 joint venture with Valaris.

about 1 year ago
An aerial view of an island
Oil & Gas

ADNOC Drilling clinches $806M deal for next-gen rig trio

UAE-based ADNOC Offshore has handed out a contract to its sister company ADNOC Drilling for three island rigs to support expanding operations at a development project offshore Abu Dhabi.

about 1 year ago
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