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Oil & Gas

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Fossil EnergyRigsBusiness Developments & ProjectsProject & TendersTechnologyLiquefied Natural GasLow-Carbon TransitionBusiness & FinanceExploration & ProductionTransitionCollaborationCarbon Capture Usage & StorageMarket OutlooksOutlook & StrategyFPSO & VesselsSubseaSurveys & InterventionsVessels & VehiclesEquipment
Illustration; Source: Salunda
Oil & Gas

Jack-up rig in Middle East to sport UK player’s red zone monitoring solution

The UK’s Salunda has secured a multi-year contract to install its red zone monitoring solution on a jack-up rig in the Middle East.

about 2 years ago
Rendering of Woodfibre LNG project; Source: Woodfibre LNG
Oil & Gas

Bankrolling fossil fuels: 60 giant banks pick up the $7 trillion tab for coal, oil & gas

Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.

about 2 years ago
Illustration; Source: Saudi Aramco
Oil & Gas

Jacket installations on Aramco’s giant offshore oil field take ABL to Middle East

ABL will provide marine warranty survey (MWS) services for jacket installations on the world’s biggest conventional offshore oil field.

about 2 years ago
Leviathan field; Source: New Med Energy
Oil & Gas

More gas sold from Chevron’s Mediterranean Sea field under $650 million deal

Chevron has signed a contract with Israel’s Eshkol Power Energies to supply natural gas for the production units at Eshkol power station.

about 2 years ago
Kingdom 2 jack-up rig; Source: ARO Drilling
Oil & Gas

Second jack-up out of 20 planned newbuild rigs gets its naming ceremony (Gallery)

ARO Drilling has held a naming ceremony, together with International Maritime Industries (IMI), for the second of 20 planned newbuild jack-up rigs.

about 2 years ago
Ministers from Qatar, the United States, the United Arab Emirates, Saudi Arabia, Canada, and Norway at Net Zero Producers Forum; Source: QatarEnergy
Oil & Gas

Net-Zero Producers Forum seeks emission reduction pathways with carbon utilization and storage

The Net Zero Producers Forum has set in motion a new working group to explore and step up technologies for the utilization and storage of carbon dioxide.

about 2 years ago
West Tucana jack-up rig; Source: Seadrill
Oil & Gas

Seadrill parting with three jack-up rigs for $338 million

Seadrill is in the process of disbanding Gulfdrill LLC, thanks to a deal to sell three jack-up rigs, which are working in Qatar, to its joint venture partner.

about 2 years ago
North Field off Qatar; Source: QatarEnergy LNG
Oil & Gas

QatarEnergy’s CEO on doubling production capacity: LNG is here to stay for years on end

CEO of QatarEnergy is adamant that LNG will keep its spot at the top of the energy demand pyramid for a long time.

about 2 years ago
Illustration; Source: Energy Maritime Associates (EMA)
Oil & Gas

‘Large’ orders for floating production systems coming soon

The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).

about 2 years ago
ADNOC Drilling
Oil & Gas

With $1.7 billion in the bag, ADNOC Drilling creates new player to drill 144 unconventional oil & gas wells

ADNOC Drilling has got a hold of a $1.7 billion contract to unlock the country’s unconventional oil and gas resources.

about 2 years ago
Map showing two exploration blocks in Egypt; Source: QatarEnergy
Oil & Gas

ExxonMobil brings QatarEnergy on board as its new partner in two exploration blocks

QatarEnergy has sealed a deal with ExxonMobil, a U.S.-headquartered energy giant, to enter two exploration blocks off the coast of Egypt.

about 2 years ago
Illustration; Source: Abu Dhabi National Oil Company (ADNOC)
Oil & Gas

ADNOC joins hands with compatriot tech company to step up energy-focused AI game

UAE’s Presight is set to acquire a majority stake in AIQ to lend a helping hand in bringing forth AI-powered solutions to the energy sector.

about 2 years ago
Mermaid Maritime’s joint venture to keep working for oil major
Oil & Gas

Mermaid Maritime’s joint venture to keep working for oil major

Mermaid Maritime’s joint venture with a Middle Eastern offshore services company has secured a one-year contract extension for subsea services with an upstream oil and gas company. Thailand-headquartered Mermaid won the contract in a joint venture formed with a local offshore services operator in a

about 2 years ago
Illustration; Source: McDermott
Oil & Gas

McDermott scoops up multimillion-dollar job at TotalEnergies’ LNG project

McDermott’s CB&I has landed a new assignment in the Middle East with TotalEnergies, which will enable it to work at a solar-powered LNG project in Oman.

about 2 years ago
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