Euronav has become the full owner of two FSO vessels, operating on Qatar’s Al-Shaheen field, as previously held in its JV with International Seaways.
Following the crossing of the Suez Canal last Friday, the Energean Power FPSO has arrived on location in Israel and hook-up and commissioning operations will begin immediately.
Energean’s new FPSO has crossed the Suez Canal while on its way from a shipyard in Singapore to waters off Israel.
McDermott has been awarded a FEED contract, its the largest ever received in the Middle East, for work on Qatar’s largest offshore oil field.
Saipem has decided to sell its onshore drilling business to KCA Deutag for $550 million in cash plus an equity stake in the combined entity.
Keppel LeTourneau has joined forces with Saudi yard IMI to help it strengthen its rig building capabilities.
UAE-based ADNOC Drilling has signed an agreement to acquire an additional two premium offshore jack-up drilling units.
The keyword in energy transition is transition, a process that often involves constant tweaking and going back and forth between the gains and benefits of the old, and the betterment that will come with the new. In the energy sector, this is reflected in the moves of governments, and developments an
Westwood Global Energy reveals that oil & gas exploration remained resilient in 2021 undeterred by the accelerating energy transition.
Drydocks World Dubai has inked a deal with Yinson to upgrade an FPSO vessel, which will operate for Enauta offshore Brazil, upon completion.
Singapore’s Keppel Offshore & Marine has signed contracts for the bareboat charter of another two KFELS B Class rigs to be deployed in the Middle East.
Lamprell and IMI have completed load-out and float-off operations for the first of two jack-up rigs built for this Saudi yard.
Shelf Drilling has secured more work for its rigs and it expects the global jack-up utilisation and pricing to beat pre-pandemic levels in 2022.
Lamprell is in the frame for upgrade work on three jack-up drilling rigs ahead of their move to the Gulf region.
