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Oil & Gas

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Valaris DS-12 drillship; Source: Valaris
Oil & Gas

BP eyes first gas months earlier with subsea ops already underway, as Valaris rig moves to next well

UK-headquartered energy giant BP has wrapped up drilling activities at two wells, targeting to bring them on stream next month.

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Oil & Gas

BP expands 70-year relationship with US firm through deal spanning its global energy portfolio

U.S.-headquartered science, technology, and engineering player KBR has secured a global agreement, which builds upon the duo’s decades-long relationship with BP, the UK-based energy giant.

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about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Oil & Gas

US player secures Ruwais LNG storage tank job

TJN Ruwais JV, a joint venture between Technip Energies, JGC Corporation, and NMDC Energy–formerly National Petroleum Construction Company (NPCC)–has awarded Texas-based designer and builder of storage facilities CB&I with a contract for the engineering, procurement, and construction (EPC) of tanks

about 1 year ago
An illustration of an LNG processing facility
Oil & Gas

CNPC unit and Petrofac among winners of $2.1B infrastructure contracts for ADNOC’s Ruwais LNG

ADNOC Gas, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has awarded three contracts related to the construction of infrastructure at its future liquefied natural gas (LNG) complex in Al Ruwais Industrial City, Abu Dhabi. The contracts with a combined value of $2.1 billion encompass works

about 1 year ago
KCA Deutag
Oil & Gas

Batch of onshore and offshore drilling jobs brings $513 million to KCA Deutag

KCA Deutag has landed new multimillion-dollar drilling assignments and extensions across the Middle East, Africa, Latin America, and the UK.

about 1 year ago
Frontal view of a man
Oil & Gas

Executive takes on third role at Vantage Drilling

Offshore drilling contractor Vantage Drilling International has assigned an additional role of Chief Operating Officer (COO) to its current Chief Commercial Officer (CCO) and Chief Technology Officer (CTO). William “Bill” L. Thomson assumed the additional role as of January 1, 2025, reporting direct

about 1 year ago
A vessel sailing
Oil & Gas

Strategic Marine delivers ‘revolutionary’ offshore crew transfer vessel to AES

Singapore-based shipbuilder Strategic Marine has delivered its first surface effect ship (SES) to All Energies Services (AES), an operator of offshore supply vessels focusing on the West African and Middle East markets.

about 1 year ago
LNG vessel at dock
Oil & Gas

‘New milestone’ for ADNOC’s trading arm thanks to LNG deal with Thai player

ADNOC Trading, a unit of UAE’s oil and gas giant Abu Dhabi National Oil Company (ADNOC), has signed a liquefied natural gas (LNG) trading supply agreement with Thailand’s Gulf LNG.

about 1 year ago
Illustration; Source: Brava Energia
Oil & Gas

Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025

The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.

14 minutes read
Noble Interceptor jack-up rig; Source: Noble Corporation
Oil & Gas

Greening offshore drilling: Rigs powered by alternative fuels in pursuit of low-emission era

As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m

16 minutes read
FPSO EmissionZero; Source: SBM Offshore
Oil & Gas

Harnessing cutting-edge technologies to shape next-generation FPSO future

While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables.

13 minutes read
Noble Developer rig; Source: Noble
Oil & Gas

Rig market, oil & gas mergers and JV blockbuster moves mark 2024

A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top

14 minutes read
Rendering of an LNG terminal
Oil & Gas

Report calls LNG ‘a false solution’ harming the climate, urging banks to stop financing export terminals

Non-governmental research and campaigning organization Reclaim Finance and BankTrack, an international tracking, campaigning, and civil society support organization targeting private sector commercial banks and the activities they finance, have published a report asking banks to stop financing lique

about 1 year ago
Offshore Energy Recap 2024
Oil & Gas

Readers’ choice: Offshore Energy’s most-read news of 2024

With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

about 1 year ago