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Outlook & Strategy

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Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf
Outlook & Strategy

Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf

Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, is extending its subsea construction capabilities into the Middle East with the award of a maiden contract in the Arabian Gulf. POSH has secured a subsea umbilicals, risers and flow

about 1 year ago
New partnership seeks to develop ports, logistics and maritime infrastructure in Vietnam
Outlook & Strategy
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New partnership seeks to develop ports, logistics and maritime infrastructure in Vietnam

Vietnam’s Vingroup JSC and Abu Dhabi-based AD Ports Group have signed a memorandum of understanding (MoU) to jointly explore developing and modernizing ports, logistics and maritime infrastructure in Vietnam.

about 1 year ago
Chinese manufacturer sends off cable for oilfield expansion project off Saudi Arabia (Video)
Outlook & Strategy

China-produced subsea cable on its way to oilfield expansion project off Saudi Arabia (Video)

China’s ZTT Submarine Cable & System has sent off the submarine cable destined for Saudi Aramco’s field expansion project towards the project site located offshore Dhahran, Saudi Arabia. Zuluf, described as a giant offshore oil field located in the Arabian Gulf, approximately 240 kilometers north of

about 1 year ago
Ocean Onyx semi-submersible rig; Source: Noble
Outlook & Strategy

Noble anticipates step-up in floater rig demand as deepwater oil & gas plays become ‘critical’ to global energy security

Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

about 1 year ago
Wärtsilä and Qatar Shipyard shake hands on eco-friendly maintenance and repair services
Outlook & Strategy

Wärtsilä and Qatar Shipyard shake hands on eco-friendly maintenance and repair services

Finnish technology group Wärtsilä has signed a memorandum of understanding (MoU) with Qatar Shipyard Technology Solutions, a joint venture between Nakilat and Keppel Offshore & Marine, related to maintenance and repair services involving eco-friendly technology, decarbonization, and dual-fuel conver

about 1 year ago
Saudi, Hamburg port authorities partner up on innovations in port sector
Outlook & Strategy

Saudi, Hamburg port authorities partner up on innovations in port sector

Saudi Ports Authority (Mawani), Hamburg Port Authority (HPA), and HPC Hamburg Port Consulting (HPC) have signed a memorandum of understanding (MOU) to propel innovations in port operations, port development, and workforce capacity building.

about 2 years ago
Courtesy of ADNOC
Outlook & Strategy

ADNOC finalizes purchase of OCI’s stake in seaborne exporter of ammonia Fertiglobe

ADNOC has completed the acquisition of OCI Global’s 50% + 1 shareholding in the seaborne exporter of ammonia Fertiglobe.

about 2 years ago
Emirati vessel provider wins contract in European offshore wind sector
Outlook & Strategy

GMS wins vessel contract in European offshore wind sector

Gulf Marine Services (GMS), a UAE-headquartred provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to $505 million thanks to a new contract in Europe and the extension of two existing ones in the Middle East. GMS reported on October 10

about 2 years ago
UAE-headquartered diving company PETRODIVE and Malaysia-based Seatech Engineering Maintenance have entered into a commercial collaboration agreement (CCA) to boost commercial diving operations in Saba
Outlook & Strategy

Two companies seal deal to boost Sabah’s commercial diving ops

UAE-headquartered diving company PETRODIVE and Malaysia-based Seatech Engineering Maintenance have entered into a commercial collaboration agreement (CCA) to boost commercial diving operations in Sabah, Malaysia. The agreement, signed by PETRODIVE’s CEO, Stéphane Troté, and Seatech’s Managing Direc

about 2 years ago
Masdar allies with Norwegian companies on renewables and green hydrogen
Outlook & Strategy

Masdar allies with Norwegian companies on renewables and green hydrogen

Abu Dhabi Future Energy Company (Masdar) has signed agreements with Norwegian companies to explore clean energy opportunities with green hydrogen in focus.

about 2 years ago
McDermott to deliver pipelines and cables for QatarEnergy's natural gas field expansion project
Outlook & Strategy

McDermott in charge of all offshore infrastructure for Qatar’s ‘massive’ natural gas field expansion project

U.S. offshore engineering and construction firm McDermott has secured an engineering, procurement, construction and installation (EPCI) contract for pipelines and cables with Qatar’s state-owned oil and gas company QatarEnergy for the expansion of the 1971-discovered North Field. The contract for th

about 2 years ago
Illustration; Source: TotalEnergies
Outlook & Strategy

TotalEnergies empowering oil & gas and renewables arsenal with up to $90 billion by 2030 as LNG remains crown jewel of its multi-energy mission

TotalEnergies is continuing to push forward its multi-energy strategy as it works on balancing the transition to low-carbon and green sources of supply and the attempts to fortify energy security scales.

about 2 years ago
Hail and Ghasha mega gas development concept; Source: ADNOC
Outlook & Strategy

WATCH: First steel cut for mega gas project set on zero-emission ops by entwining smart tech, carbon capture, hydrogen, nuclear, and renewable power

The UAE’s ADNOC has held a ceremony to mark the cutting of the first steel for structures that will be placed at a massive sour gas development off the coast of the United Arab Emirates (UAE), which is envisioned to have fully unmanned offshore facilities and operate with zero emissions.

about 2 years ago
Asyad Group and partners looking to set up low-carbon fuel bunkering hub in Oman
Outlook & Strategy

Asyad Group and partners looking to set up low-carbon fuel bunkering hub in Oman

Oman’s logistics provider Asyad Group has signed a joint study agreement with OQ Alternative Energy and Sumitomo Corporation Middle East FZE to look into the potential of establishing Oman as a global low-carbon fuel bunkering hub. The agreement is said to mark a ‘pioneering step’ in promoting susta

about 2 years ago