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Oil & Gas

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ADNOC Gas' Das Island LNG facility; Source: HS Switchgear FZCO
Oil & Gas

$7-9 billion gas deal strengthens India-UAE LNG ties

ADNOC Gas has landed a multi-year liquefied natural gas (LNG) supply agreement worth billions with Indian Oil Corporation, fortifying energy bonds between the United Arab Emirates (UAE) and India.

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

Rig construction of third out of 20 planned newbuilds set in motion with ARO-IMI deal

As the ink dries on the contract between ARO Drilling and International Maritime Industries (IMI), it marks the opening of the construction chapter for a third in a series of 20 planned newbuild Saudi-operated and manufactured offshore jack-up rigs, which the offshore drilling player intends to depl

about 1 year ago
Leviathan; Source: NewMed Energy
Oil & Gas

Gas expansion on Chevron’s Mediterranean agenda with subsea pipeline works due by year-end

After hitting the brakes on the planned activities at a giant natural gas field expansion project off the coast of Israel as a result of the Israel-Gaza war in the Middle East, Chevron Mediterranean, a subsidiary of the U.S.-headquartered Chevron, has penciled in the end of the works on a third subs

about 1 year ago
Valaris DS-12 drillship; Source: Valaris
Oil & Gas

BP hits oil & gas pay in Mediterranean Sea

UK-headquartered energy giant BP has found more oil and gas in the northern Mediterranean within the Egyptian Exclusive Economic Zone (EEZ).

about 1 year ago
Tamar platform; Source: Chevron
Oil & Gas

SOCAR coming aboard Chevron’s gas field offshore Israel

Chevron Mediterranean Limited, a subsidiary of the U.S.-headquartered oil major Chevron, is getting a new partner at its gas field off the coast of Israel, as Union Energy has decided to sell its stake to the State Oil Company of the Republic of Azerbaijan (SOCAR). SOCAR is continuing to implement i

about 1 year ago
Under $57.4M contract, Indian firm takes its diving support vessel to Middle East
Oil & Gas

Under $57.4M contract, Indian firm sends its diving support vessel to Middle East

India’s Seamec Limited has entered into a charter hire with a Saudi Arabian company under which its multipurpose diving support vessel (DSV) will be deployed in the Middle East. Seamec entered into a Bimco charter party with Safeen Al Behar Limited Company, Saudi Arabia, for the charter hire of Seam

about 1 year ago
A tugboat
Oil & Gas

Svitzer bags long-term towage job at Oman’s LNG terminal

Svitzer has signed a contract with Oman LNG, a joint venture company between the Government of the Sultanate of Oman and seven global energy players, to provide towage services at a liquefied natural gas (LNG) terminal near the town of Sur, Oman.

about 1 year ago
A man and a woman sitting behind a desk
Oil & Gas

ADNOC inks $450 million LNG supply deal with JERA

JERA Global Markets, a trading subsidiary of Japan’s energy major JERA, has signed a liquefied natural gas (LNG) supply agreement with UAE’s ADNOC Gas and its subsidiaries.

about 1 year ago
Illustration; Source: Bureau Veritas
Oil & Gas

Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave

Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the jo

23 minutes read
Kuwait Petroleum Company
Oil & Gas

Another oil & gas discovery of ‘great importance’ springs up offshore Kuwait

Kuwait Petroleum Corporation (KPC) has confirmed a large hydrocarbon discovery at an offshore field in the country’s territorial waters, bolstering its expectations of discovering more offshore oil and gas to boost the country’s energy arsenal.

about 1 year ago
A man and a woman standing next to each other
Oil & Gas

ADNOC’s $10B gas supply deal boosting UAE’s energy transition

ADNOC Gas, an affiliate of Abu Dhabi National Oil Company (ADNOC), has entered into a long-term strategic partnership with Emirates Water and Electricity Company (EWEC), the procurer and supplier of water and electricity in Abu Dhabi. The duo has also signed a gas sales and purchase agreement (GSPA)

about 1 year ago
A large screen in a control room with two people sitting in front of it
Oil & Gas

Norwegian tech to enhance safety of over 300 assets offshore Qatar

Norway-based software developer Vissim has been hired as a subcontractor to deliver a centralized vessel monitoring and alerting system (CVMAS) to Qatar-based Bin Omran Trading & Telecommunications, which oversees local project management and offshore installation.

about 1 year ago
Valaris DS-9 drillship; Source: Valaris
Oil & Gas

ExxonMobil’s drilling ops with Valaris drillship unleash more gas

ExxonMobil has made a new gas discovery in the western region of the Mediterranean Sea, off the coast of Egypt, with a drillship owned by Valaris, an offshore drilling contract.

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

$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025

The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based o

about 1 year ago
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