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.
The Saudi Ports Authority (Mawani) has entered into a long-term agreement with the national shipping carrier Bahri to build and operate an integrated logistics park at the Jeddah Islamic Port.
Sumitomo Electric Industries has received a limited notice to proceed (LNTP) from Samsung C&T Corporation to deliver a high-voltage direct current (HVDC) cable for what will be the first of its kind submarine HVDC network in the Middle East. Under the $200 million deal, Sumitomo will deliver its 400
Italian oil and gas company Eni has made a gas discovery in its first exploration well in waters offshore Abu Dhabi.
The UAE-based offshore construction and fabrication specialist Lamprell has entered into exclusive negotiations as a preferred supplier with an international client in the offshore wind industry for what the company describes as ”a very large contract.” Lamprell said it will now work with the client
KUFPEC has revealed its first operated offshore gas discovery, following a successful drilling campaign in the Anambas Block, off Indonesia.
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.
China Petroleum & Chemical Corporation (Sinopec) has received the first LNG cargo from the ten-year LNG sale and purchase agreement with QatarEnergy.
Energean expects an eventful year ahead as it is working to achieve several important milestones for its project located offshore Israel.
British oil and gas major BP has partnered up with Oman to support renewable energy and green hydrogen development in the country by 2030.
