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Oil & Gas

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After getting its hands on Aban’s rig, Shelf Drilling changes its name
Oil & Gas

After getting its hands on Aban’s rig, Shelf Drilling changes its name

Following the delivery of a jack-up rig from India’s Aban, Shelf Drilling has renamed this latest addition to its fleet of offshore rigs.

about 4 years ago
Another Aban rig joins ADES fleet
Oil & Gas

Another Aban rig joins ADES fleet

India’s offshore drilling contractor Aban Offshore has closed the sale of another jack-up drilling rig to the UAE-based ADES International.

about 4 years ago
Lamprell
Oil & Gas

Lamprell board keen to endorse firm takeover offer

Lamprell has now received a combined takeover offer, adding another one of its shareholders into the mix.

about 4 years ago
Perro Negro 11 naming ceremony
Oil & Gas

Jack-up rig joins Saipem fleet ahead of five-year gig

A 400-ft jack-up drilling rig built by CIMC Raffles has joined the fleet of Italy’s contractor Saipem following a naming ceremony in China.

about 4 years ago
Stena IceMAX drillship
Oil & Gas

BP selects Stena drillship to drill Canadian well

Offshore drilling contractor Stena Drilling has secured a new drilling contract from BP for operations offshore Canada.

about 4 years ago
OPEC’s Barkindo passes away unexpectedly at age 63
Oil & Gas

OPEC’s Barkindo passes away at the age of 63

OPEC Secretary General, who was scheduled to retire from the role at the end of the month, has passed away at the age of 63.

about 4 years ago
Significant drop in recoverable oil resources could deal major blow to global energy security, Rystad forecasts
Oil & Gas

Drop in recoverable oil resources could deal major blow to energy security, Rystad says

The drop in the total recoverable oil worldwide from last year’s figures represents another threat to global energy security, explains Rystad.

about 4 years ago
More efficient power sector in Middle East and Africa to unlock higher volumes of natural gas for export
Oil & Gas

Middle East, Africa to play ‘vital role in averting global shortages’ by unlocking more natural gas for export

More efficient power sector in the Middle East and Africa could unlock higher volumes of natural gas for export, says the IEA.

about 4 years ago
‘Hostile’ drones en route to Energean FPSO shot down over Mediterranean Sea
Oil & Gas

‘Hostile’ drones en route to Energean FPSO shot down over Mediterranean Sea

Three unarmed drones, headed straight for a gas field off Israel and Energean’s new FPSO, have been taken down by the Israeli forces.

about 4 years ago
Halliburton rig gearing up to kick off Kuwait’s first offshore drilling campaign
Oil & Gas

Rig gearing up to kick off Kuwait’s first offshore drilling campaign

Kuwait Petroleum Corporation (KPC) has revealed that Kuwait will be embarking on its first offshore drilling campaign soon.

about 4 years ago
Italy’s Saipem bags $1.25 billion for onshore & offshore deals in Middle East
Oil & Gas

Onshore & offshore deals in Middle East bring Saipem $1.25 billion

Saipem has been awarded multiple onshore extensions and new offshore contracts in the Middle East, totalling around $1.25 billion.

about 4 years ago
Faster ramp-up of investments in clean sources needed to tackle double whammy of energy and climate crises
Oil & Gas

Faster ramp-up of investments needed to tackle double whammy of energy and climate crises

While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.

about 4 years ago
Masirah Oil
Oil & Gas

Following production shutdown off Oman, restart anticipated in two weeks

Masirah Oil is putting the wheels into motion to resume production at a field offshore Oman after it was stopped due to oil leakage.

about 4 years ago
India’s Aban closes sale of jack-up rig to ADES
Oil & Gas

India’s Aban closes sale of jack-up rig to ADES

India’s offshore drilling contractor Aban Offshore has completed the sale of a jack-up drilling rig to the UAE-based ADES International.

about 4 years ago
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