ADNOC Offshore has awarded two contracts worth more than $3.4 bln to ADNOC Drilling for eight rigs to expand offshore drilling activities.
Offshore drilling contractor Noble Corporation is seeing an increase in demand for offshore drilling rigs.
Westwood is seeing a rebound in high-impact exploration this year with expectations for it to pick up in the second half.
A deep dive into Valaris fleet of rigs with details about latest contracts and extensions as well as other recent activities.
Shell achieved record profits in the second quarter of the year on the back of higher oil and gas prices and refining margins.
UAE’s giant ADNOC has awarded two substantial contracts totalling $2 billion to ADNOC Drilling for the Hail and Ghasha development project.
ADNOC L&S, the shipping and maritime logistics arm of ADNOC, has entered into a deal to acquire Zakher Marine International.
Wood Mackenzie, an energy intelligence group, spots common threads between the energy super basins of the future.
The oil and gas sector’s offshore EPC spend is expected to total $276 billion, forecasts Westwood Global Energy.
Rig activity in Asia Pacific has been stepped up this year, but most stacked jack-ups are being reactivated for gigs in the Middle East.
EnerMech has secured new contract awards worth over $126 million in Africa, Caspian and the Middle East, spurring further headcount increase.
Due to the current energy security concerns, TAQA has decided to keep its entire oil & gas portfolio, except for its Dutch upstream assets.
IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.
With two-thirds of global resources in their hands, seven NOCs own the lion’s share of remaining discovered oil & gas resources.
