Global upstream merger and acquisition deals rebounded to pre-Covid-19 levels in 2021, reaching a total of $181 bln, Rystad Energy’s says.
Heerema Marine Contractors has secured a contract with McDermott to transport and install six jackets for Saudi Aramco’s Marjan project.
Singapore-based offshore service operator Nortrans Offshore has secured a five-year charter contract extension with the US energy major Chevron for the subsea vessel Nor Naomi.
Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever recorded by the company.
Energean expects an eventful year ahead as it is working to achieve several important milestones for its project located offshore Israel.
Abu Dhabi-based rig operator is now only 1 rig shy of 100 following an introduction of two more jack-up rigs to its fleet.
Wood has marked a year of strategic growth in the Middle East region after accumulating $580 million of secured backlog in 2021.
Global oil & gas investments will expand by $26 bln this year as the industry continues its recovery from the pandemic, Rystad Energy says.
Westwood Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022.
McDermott has confirmed a recent contract award with QatarEnergy, saying it is one of the largest single contracts McDermott has been awarded in its company history. The structures will be fabricated in a facility with low-carbon or renewable power as part of McDermott’s sustainability commitments.
Italian oil and gas company Eni has been awarded five new exploration licences by the Egyptian Ministry of Petroleum.
The market for FPSO units almost brushed off the pandemic’s effect in 2021 and is likely to continue apace in 2022, Rystad Energy says.
UAE’s state-owned energy giant ADNOC will be investing nearly $1 billion in the long-term development of the Umm Shaif field.
Offshore rig owner Valaris has been awarded new bareboat charter agreements with ARO Drilling for several jack-up rigs.
