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Project & Tenders

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North Abu Qir PIII (NAQ PIII) platform; Source: Energean
Project & Tenders

First gas flows from project off Egypt

Energean has achieved the first gas from a well located offshore Egypt while the remaining wells are expected to come online later this year.

about 3 years ago
Santorini drillship; Source: Saipem
Project & Tenders

Offshore drilling upcycle whets contractors’ appetite for rig reactivation with scrapping taking a downturn

Westwood says offshore rig scrapping is at its lowest level in years, as the offshore drilling market’s recovery intensifies.

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about 3 years ago
ADNOC and Eni ally on clean energy and sustainability
Project & Tenders

ADNOC and Eni ally on clean energy and sustainability

The UAE’s Abu Dhabi National Oil Company (ADNOC) and Italy’s Eni have signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonisation. Through this agreement, Eni and ADNOC said they will explore

about 3 years ago
Illustration; Source: Worley
Project & Tenders

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read
Lower Zakum; Source: ADNOC
Project & Tenders

TotalEnergies expands its upstream portfolio in UAE with several offshore fields

TotalEnergies has inked a deal to acquire CEPSA’s upstream assets in the UAE, adding multiple offshore fields to its asset portfolio.

about 3 years ago
Illustration; Source: DNV
Project & Tenders

Security of supply to surpass clean and affordable parts of energy trilemma in 2023, says DNV

DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.

about 3 years ago
New phase of Suez Canal’s digital transformation project launched
Project & Tenders

New phase of Suez Canal’s digital transformation project launched

The European Bank for Reconstruction and Development (EBRD) has launched the second phase of its technical support program to digitalise the Suez Canal Economic Zone (SCZone).

about 3 years ago
Illustration; Source: Chevron
Project & Tenders

Chevron and Egyptian govt join forces to curb methane from oil & gas sector

Chevron has inked a memorandum of understanding (MoU) on methane management with Egypt’s Ministry of Petroleum and Mineral Resources.

about 3 years ago
Valaris 118, formerly known as Joe Douglas; Source: BP
Project & Tenders

Valaris builds on ‘contracting success’ from 2022 with new floater and jack-up deals in 2023

Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and extensions for its rig fleet.

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Project & Tenders

IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions

Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.

about 3 years ago
Mawani, Maersk start work on $346M eco-friendly logistics park in Jeddah
Project & Tenders

Mawani, Maersk start work on $346M eco-friendly logistics park in Jeddah

Danish shipping giant A. P. Moller – Maersk and Saudi Ports Authority (Mawani) have laid the foundation stone for a multi-purpose, environmentally friendly logistics park at Jeddah Islamic Port.

about 3 years ago
JERA and TAQA enter decarbonisation partnership
Project & Tenders

JERA and TAQA enter decarbonisation partnership

Japanese energy major JERA has signed a Memorandum of Understanding (MOU) with Abu Dhabi National Energy Company (TAQA) that will see them explore opportunities to work together to develop projects in the area of decarbonisation. The partnership follows JERA’s efforts to develop business in the Midd

about 3 years ago
Illustration; Source: Capricorn Energy
Project & Tenders

Capricorn – NewMed merger plans come to naught

UK-based Capricorn Energy has dropped the previously announced merger agreement with Israel’s NewMed Energy, following board changes.

about 3 years ago
FPSO Atlanta; Source: Yinson (video)
Project & Tenders

How far has the upgrade work for Enauta’s Brazil-bound FPSO come?

Yinson has shared an update on the developments regarding the conversion and upgrade of an FPSO, which will operate for Enauta off Brazil.

about 3 years ago