A new report outlines challenges for the long-term energy transition outlook as the global energy crisis unfolds.
Energean is on track to deliver the first gas from the Karish gas project located offshore Israel within weeks.
Valaris has expressed its excitement over growth prospects arising out of a 20-rig newbuild programme, which ARO Drilling is pursuing.
UAE’s ADNOC Offshore has awarded a $548 million contract for a new main gas line at its Lower Zakum field offshore of Abu Dhabi.
Seadrill has entered into a binding share purchase agreement with ADES to sell the legal entities that own and operate seven jack-ups in Saudi Arabia.
UAE’s ADNOC has awarded framework deals described as “largest-of-its-kind” totalling $1.83 bln for drilling-related services to five firms.
While the world is working toward having as much renewable energy as possible, green fuels and energy storage could be what saves the day, at least for energy-intensive industries. News on hydrogen and ammonia projects, and renewable energy developments with Power-to-X components this week certainly
ADNOC Drilling has inked a deal to acquire an additional premium offshore jack-up drilling rig as part of its fleet expansion programme.
India’s Aban Offshore has completed the sale of a jack-up drilling rig to ADES International, which was postponed on several occasions.
Despite the resilience shown by Russia’s upstream sector beset with sweeping sanctions, Rystad Energy believes “the worst is yet to come.”
BW Energy has revealed that a former jack-up rig, which was converted to an offshore production unit, is on its way to Gabon.
In a recent study, the oil & gas maintenance managers have voiced concerns over growth in procedures and the lack of equipment reliability.
Rystad: Drilling success rate is set to rebound this year with the potential to result in one of the highest hydrocarbon volumes total on record.
ADNOC L&S has been awarded a contract totalling $1.7 billion by ADNOC Offshore for jack-up barges to support production capacity growth.
