A historic ruling has shaken the energy market this week after a Dutch court ordered oil major Shell to reduce its carbon emissions by 45 per cent by 2030 compared with 2019 levels. The decision was delivered in connection with a climate change case filed against Shell in 2019 by Dutch environmental
France-based engineering company Technip Energies has been contracted by Kuwait Integrated Petroleum Industries Company (KIPIC) for various projects in southern Kuwait.
Italian oil major Eni has found nothing in its first deepwater exploration well in a block offshore Oman but is preparing to drill a second well on a new target.
Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of Abu Dhabi Ports, plans to build a $1 billion green ammonia production facility, financed by Helios Industry.
The Abu Dhabi National Oil Company (ADNOC) has awarded a $744 million contract for the full field development of the Belbazem Offshore Block,
Energean has postponed again the first production from its Karish gas field amid new Covid-19-related restrictions in Singapore.
Several new energy transition developments in the offshore energy and maritime sectors have made headlines this week, contributing to the global 2050 net-zero targets and – at least to some extent – to the ambitious path that International Energy Agency (IEA) mapped in its latest report. Climate ple
The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with compatriot Petropars Group for the development of Farzad B gas field in the Persian Gulf.
In this edition of In focus, we’ll be looking at ways through which the offshore energy sector is working to reduce carbon emissions.
Shelf Drilling is seeing encouraging signs of an improving jack-up market with an increase in the global number of contracted jack-ups.
Vantage Drilling has been awarded several new contracts, which will see its rigs operate in South East Asia, Middle East, and Africa.
Shelf Drilling has secured a ten-year contract extension for a jack-up rig in direct continuation of its current contract in the Arabian Gulf.
Just like its rival Transocean, Noble Corp. is optimistic about the outlook with a pipeline of tender opportunities on the horizon.
The now restructured and debt-relieved offshore drilling contractor Valaris has been awarded sixteen new contracts and extensions with more than a dozen different oil and gas companies.
