QatarEnergy has signed a cooperation agreement with Namibia’s NAMCOR to support and develop a sustainable oil and gas sector in Namibia.
Energy industry leaders believe the energy transition is accelerating and that 2022 is set to be a strong year for growth, DNV has said.
Valaris has secured new contracts for its rigs, however, over $400 million of backlog related to a drillship contract in the Gulf of Mexico now hangs in the balance.
Lamprell is anticipating a contract award for the full scope of work required for the construction of multiple jack-up lift barges.
UAE’s ADNOC has awarded framework agreements to four oilfield services providers valued at $1.94 billion to enable drilling growth.
Noble Corporation has secured more work for its rigs, including a conditional award for four drillships working for ExxonMobil in Guyana.
GMS has inked a new contract for one of its vessels with an increased day rate, fuelling expectations of even higher rates in the future.
Borr Drilling has converted several LOAs into contracts, secured a couple of new deals, and postponed delivery dates for five newbuilds.
Dubai’s oil and gas company Dragon Oil has made its first oil discovery in the Gulf of Suez, considered the largest in the last 20 years.
Another week has gone by with (green) hydrogen filling our headlines, from new hydrogen carrier projects and hydrogen-powered vessels, to oil giants looking at hydrogen as the next best thing to invest into as they start adding new revenue drivers.
GMS has appointed a former CFO of the Qatari Investors Group as its new CFO, since, its current CFO has decided to step down from the role.
Wintershall Dea has decided to divest its interest in the Gulf of Suez concession after 38 years of production.
Italian oil and gas company Eni has made a gas discovery in its first exploration well in waters offshore Abu Dhabi.
KUFPEC has revealed its first operated offshore gas discovery, following a successful drilling campaign in the Anambas Block, off Indonesia.
