Energean has spotted potential clouds that are gathering on the divestment horizon for its portfolio in Egypt, Italy, and Croatia with an enterprise value (EV) of up to $945 million, of which $820 million is firm.
South Korea’s shipbuilder Hanwha Ocean has hosted a steel-cutting ceremony for eight new liquefied natural gas (LNG) carriers being built as part of QatarEnergy’s historic LNG fleet expansion project. The vessels will be owned and operated by Qatar Gas Transport Company (Nakilat).
Drydocks World Dubai, a part of DP World, has slid the final section of a module into place for a new platform destined for deployment at an oil and gas development in the North Sea, off the coast of Norway.
BP has made another gas discovery in the Mediterranean region within the Egyptian Exclusive Economic Zone (EEZ).
MacGregor, part of Cargotec, has secured a contract for the delivery of a 100T AHC crane for a dive support vessel (DSV) being built in China. The crane delivery to the Guangzhou Salvage shipyard, for the vessel owned by Saudi Arabian Jana Marine Service Company (JMS), is scheduled in the second qua
Abu Dhabi National Oil Company (ADNOC) has signed a liquefied natural gas (LNG) sales and purchase agreement (SPA) with Japan’s Osaka Gas.
Chevron and its partners in a giant natural gas field project off the coast of Israel have submitted an updated reservoir development plan to the Petroleum Commissioner at the Ministry of Energy and Infrastructures for an additional expansion of the field’s capacity.
Seatrium has emerged as the winner in an international tender from International Maritime Industries (IMI), said to be the largest shipyard in the Middle East and North Africa (MENA) region, for the supply of equipment and license for jack-up rig destined to work in the Middle East.
EnerMech has landed a multi-year contract extension with North Oil Company (NOC), a joint venture between QatarEnergy (70%) and TotalEnergies (30%), for work at an oil asset, which is said to be the largest field off the coast of Qatar.
Valaris has taken steps to optimize its rig fleet by deciding to put three semi-submersible units out of drilling work for good and divest a stacked jack-up rig. The rig owner has also won a new batch of drilling assignments spanning geographies.
While discussing the tools required to meet energy demands and move forward with the transition to low-carbon and green sources of supply, the CEO of QatarEnergy has emphasized the importance of diversifying the energy mix by feeding oil and gas alongside renewable energy to its global arsenal.
TotalEnergies and Eni have struck a deal with Cyprus and Egypt to develop a gas discovery named after the god of time in ancient Greek mythology by exporting the natural gas from the field off the coast of Cyprus through Egypt.
Shelf Drilling has decided to join forces with Arabian Drilling to expand their offshore drilling footprint.
BP has brought online the second development phase of a field at the West Nile Delta (WND) concession in the Mediterranean within the Egyptian Exclusive Economic Zone (EEZ).
