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Oil & Gas

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Valaris’ new rig deals to bring total backlog of $275 million
Oil & Gas

Valaris’ new rig deals bring total backlog of $275 million

Valaris has been awarded new contracts for a drillship and three jack-up rigs and contract extensions for three more rigs.

about 3 years ago
Saipem clinches deals worth $1.2 billion in Guyana and Egypt
Oil & Gas

Saipem clinches deals worth $1.2 billion in Guyana and Egypt

Saipem has secured new offshore contracts with a total value of approximately $1.2 billion for work in Guyana and Egypt.

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about 3 years ago
Murder on rig: Criminal inquiry into death of British worker on jack-up unit off Qatar ongoing
Oil & Gas

Murder on rig: Criminal inquiry into death of British worker off Qatar ongoing

Qatari authorities have launched a probe into the murder of one of the workers and the attack on another, which took place on an oil rig.

about 3 years ago
UK player takes part in expansion project aimed at ramping up gas production off Israel
Oil & Gas

UK player plays part in expansion project aimed at ramping up gas production off Israel

Amarinth has delivered two pumps, which will be used for a second oil train on an FPSO working on the Energean-operated field, off Israel.

about 3 years ago
With orders for two offshore platforms in the bag, Chinese shipyard kicks off work on the first one
Oil & Gas

Chinese shipyard bags orders for two offshore platforms

China Merchants Jingling Weihai has received orders for two additional self-propelled, self-elevating offshore platforms from Huake Wuzhou.

about 3 years ago
Wheels in motion to pick rig for drilling in Mediterranean waters
Oil & Gas

Wheels in motion to pick rig for drilling in Mediterranean waters

TotalEnergies and Eni have embarked on a rig selection process for exploration activities in a block located in the Lebanese waters.

about 3 years ago
In focus: Gas still runs the show but bets on hydrogen threaten to steal it
Oil & Gas

In focus: Gas still runs the show but bets on hydrogen threaten to steal it

Will the increase in investments enable hydrogen to dethrone gas as the key player in the energy decarbonisation game?

about 3 years ago
Sovcomflot’s Gagarin Prospect
Oil & Gas

All eyes on Russia’s fleet as crude oil price cap, OPEC+ cut perpetuate tanker markets’ volatility

Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires. Today, all eyes are set on Russia to see what vessels will be loaded and where they would head as Moscow defines its steps in response to the [&he

about 3 years ago
ADES expands its fleet with another jack-up rig
Oil & Gas

ADES expands its fleet with another jack-up rig

Malaysia’s offshore services provider Icon Offshore has wrapped up the sale of a jack-up drilling rig to ADES in Saudi Arabia.

about 3 years ago
Keppel hands over first of three newbuild jack-up rigs to ADNOC Drilling
Oil & Gas

Keppel hands over first of three newbuild jack-up rigs to ADNOC Drilling

Keppel Offshore & Marine (Keppel O&M), has delivered the first of three newbuild jack-up rigs to the UAE’s ADNOC Drilling.

about 3 years ago
New job for Valaris drillship with BP
Oil & Gas

New job for Valaris drillship with BP

Offshore drilling contractor Valaris has secured a new assignment for one of its drillships with BP for operations offshore Egypt.

about 3 years ago
Three brand new jack-up rigs to join UAE drilling giant’s fleet
Oil & Gas

Three brand new jack-up rigs to join UAE drilling giant’s fleet

UAE-based ADNOC Drilling has inked a deal to acquire three new jack-up drilling rigs, as part of its fleet expansion strategy.

about 3 years ago
How do things stand for the oil & gas industry in the wake of COP27?
Oil & Gas

How do things stand for the oil & gas industry in the wake of COP27?

In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.

about 3 years ago
UAE player expands its fleet with 24 jack-up barges and 38 offshore support vessels
Oil & Gas

24 jack-up barges and 38 offshore support vessels join UAE player’s fleet

UAE’s ADNOC L&S has completed the acquisition of Zakher Marine International (ZMI) and expanded its fleet to over 300 vessels.

about 3 years ago