Saipem has secured offshore drilling assignments in the Middle East and the Mediterranean Sea for two rigs.
Thordon Bearings has retrofitted seven special purpose, single point mooring (SPM) service boats, which are servicing the SUMED pipeline.
Aquaterra Energy has secured a contract with an undisclosed Abu Dhabi-based operator, to provide offshore riser equipment and services.
Seadrill is contemplating the sale of three jack-up rigs, which are working in Qatar, along with its interest in Gulfdrill LLC.
UAE’s ADNOC Drilling has secured long-term contracts for five jack-up rigs, totalling approximately $2 billion.
Eni and Vår Energi will acquire Neptune’s entire portfolio, aside from its business in Germany, for an aggregate enterprise value of $4.9 billion.
State-owned oil and gas giant QatarEnergy has signed definitive agreements with China National Petroleum Corporation (CNPC) for the long-term supply of LNG to China and partnership in the North Field East (NFE) LNG expansion project. The LNG sales and purchase agreement (SPA) between the two parties
The Bonn Climate Change Conference helped lay the groundwork for the political decisions required at COP28 in Dubai at the end of the year.
Human rights and environmental non-governmental organizations (NGOs) are urging UNDP to ensure the clean and safe recycling of the decaying floating storage and offloading (FSO) vessel Safer, moored offshore Yemen, that is threatening to cause a massive oil spill. In a letter addressed to UNDP, the
Weatherford International has secured a long-term contract with Saudi Arabia’s Aramco for the provision of drilling services.
In a first-of-its-kind report, International Energy Agency (IEA) has presented how rich renewable resources and vast land expanses could make Oman a competitive low-emissions hydrogen supplier by 2030. The report called Renewable Hydrogen from Oman: A Producer Economy in Transition is the first IEA
Gulf Marine Services (GMS) has secured two contract extensions for one of its small-size class vessels and one of its large-class vessels.
The EIA expects global oil production to be lower than anticipated after OPEC+ announced extension of its crude oil production cuts.
ADNOC Offshore has awarded a $975 million artificial island construction contract to ADNOC L&S for the Lower Zakum field offshore Abu Dhabi.
