Eni and Altera Infrastructure have held a naming ceremony for an FPSO and FSO, which underwent conversion works for a year.
With a 30-year production license in hand, Energean has made a final investment decision (FID) for a phased development off the coast of Israel.
PetroChina has joined the OGDC, a pledge aiming to accelerate decarbonization in the oil and gas sector worldwide.
TechnipFMC has secured what it says is a large integrated engineering, procurement, construction, and installation (iEPCI) contract with London-based oil and gas player Energean for subsea infrastructure destined for a field offshore Israel. As part of the contract worth between $500 million and $1
Saipem has got its hands on multimillion-dollar assignments on two projects off the coast of Saudi Arabia with the country’s oil and gas heavyweight Aramco.
Kuwait Petroleum Corporation (KPC) has revealed a big oil and gas discovery at an offshore field east of Failaka Island, off the coast of Kuwait, fueling hopes of finding more hydrocarbons to boost the country’s resources.
ADNOC Drilling has tucked a new multimillion-dollar assignment under its belt with ADNOC Offshore for drilling work at a huge oil field.
Clean energy technologies and infrastructure are poised to hit $2 trillion in 2024, which is double the amount going to coal, oil, and gas.
ADNOC L&S has gone on a spending spree to bolster its liquified natural gas (LNG) carriers’ arsenal with multiple newbuild vessels.
Gazprom has signed a strategic MoU on facilitating pipeline supplies of Russian natural gas to Iran with the National Iranian Gas Company.
Lamprell has completed the construction and delivery of a second of 20 planned newbuild offshore jack-up rigs, destined to work in Saudi Arabian waters.
Following government approval, partners in a gas field offshore Israel are expected to reach a decision on expanding its natural gas exports.
Seadrill has sold three jack-up rigs deployed in Qatar to its ex-joint venture partner, Gulf Drilling International (GDI).
High-impact exploration average discovery size is declining while costs have risen for the fifth consecutive year.
