
Shelf Drilling has won a contract extension for a jack-up rig working on an assignment in the Gulf of Suez off the coast of Egypt.

While offering its predictions for 2024, Wood Mackenzie has outlined several key themes to watch in global and corporate upstream sectors.

Oil and gas gas company Energean has brought a new project on stream to boost output from a field off the coast of Israel.

Masirah Oil has hired a jack-up rig for a multi-well drilling program at a field in the Block 50 concession offshore Oman.

QatarEnergy has carried out extensive appraisal activities at its giant natural gas field, uplifting its gas reserves.

Chevron has put the wheels into motion to undertake scheduled maintenance work at its gas production platform offshore Israel.

BP and ADNOC have decided to establish a new joint venture (JV), which will initially focus on the development of gas assets in Egypt.

Energy services provider Expro has entered into a definitive agreement to acquire Scotland-based well integrity and production optimization company Coretrax, from an investment group led by Buckthorn Partners, for a total consideration of approximately $210 million. By acquiring Coretrax, Expro said

This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.

The duo is combining forces for participation in worldwide tendering activity, which entails EPC projects in the oil and gas arena.

QatarEnergy’s CEO believes the energy transition jackpot can be hit by employing a balancing act between energy security, affordability, and sustainability.

Ocean Oilfield Integrated Solutions has confirmed the completion of a plug & abandonment program, which one of its jack-up rigs carried out at an offshore field in the UAE for Atlantis (UAQ) Limited.

Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.

McDermott has corroborated the award of two EPCIC contracts for the development of the next phase of the largest oil field offshore Qatar.