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ADNOC Drilling to buy 'dozens' of drilling rigs by 2025

UAE-based ADNOC Drilling will order dozens of drilling rigs by 2025.

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IMI names GustoMSC jack-up "IMI-2030"

IMI, a JV company between Lamprell, Saudi Aramco, Bahri, and Hyundai Heavy Industries, has announced the name for ...

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Polarcus, ARGAS ink seismic cooperation deal in MENA region

Seismic services provider Polarcus has signed a memorandum of understanding with the Arabian Geophysical and ...

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ADNOC creates JV with AI company

ADNOC has signed an agreement with AI, cloud, and supercomputing company Group 42 to establish a joint venture to ...

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Lamprell in pact for digital solutions in O&G

Injazat and Lamprell, a provider of fabrication, engineering and contracting services to the offshore and onshore ...

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ADNOC awards consultancy deal to Penspen

Engineering and management services provider Penspen has been awarded a project management consultancy (PMC) ...

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Popular news, November 4 – 10, 2019

Offshore Energy Today's most popular news from the past week.

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EU approves Saudi Aramco and Hyundai Heavy joint venture

The European Commission has approved the creation of a joint venture between subsidiaries of oil giant Saudi Aramco ...

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Saudi Aramco, ADNOC mega-deals boost contract activity in Q3

The global oil and gas industry has seen a substantial boost from contract activity in the Middle East resulting in ...

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Leviathan field set for first gas in December

Israel's giant Leviathan gas field is set to start producing gas in December 2019, as the construction works on the ...

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Worldwide offshore rig count in October up 37 rigs Y-o-Y

The worldwide offshore rig count in October 2019 decreased by two units sequentially, but increased by 37 units ...

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Abu Dhabi climbs to sixth place in global oil & gas reserves

Abu Dhabi has become the world’s sixth-largest nation by oil and gas reserves,  Abu Dhabi’s Supreme Petroleum ...

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Masirah hires Foresight rig for Oman well

Masirah Oil has awarded a drilling rig contract to Foresight Offshore Drilling to use one of its jack-up rigs for ...

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Pacific Drilling finds work for two drillships

Offshore drilling contractor Pacific Drilling has secured more work for a drillship working in the Gulf of Mexico ...

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Polarcus returns to profit

Seismic services provider Polarcus returned to profit in the third quarter of 2019 on the back of improved pricing ...

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GMS secures 4-year deal in Middle East

Gulf Marine Services has been awarded a four-year contract for a K-Class (Small) vessel in the Middle East. 

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Sparrows scores $71M worth of deals in UAE

Sparrows Group has doubled the size of its operations in the United Arab Emirates after securing £55 million ($71M) ...

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Saudi Aramco to proceed with possibly world's largest IPO

The IPO could be a record-breaking one, surpassing Alibaba's 2014 $25B IPO

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Israel-Egypt gas pipeline transaction set for completion

U.S. company Noble Energy and Israel’s Delek, and Egypt’s EGAS are nearing the completion of the acquisition of a ...

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Energean cheers Karish North success

Greek player Energean Oil and Gas has announced the successful appraisal of the Karish North discovery located ...

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Popular news, October 28 – November 3, 2019

Offshore Energy Today's most popular news from the past week.

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Offshore investments from last upturn unable to make money

According to Rystad’s evaluation of oil fields sanctioned since 2010, international E&P companies are struggling to ...

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Mermaid bags three-year extension in Middle East

Mermaid Maritime's joint-venture company with an unnamed offshore services operator has secured a three-year ...

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Israel awards new offshore exploration blocks

Israel licensing round award 2019

Israel has granted offshore exploration blocks to two consortia of oil companies that placed their bids in the ...

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Valaris secures batch of new contracts for rig fleet

Valaris, formerly known as EnscoRowan, has been awarded new contracts and extensions with BP, Murphy Oil, Premier ...

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Popular news, October 21 – 27, 2019

Offshore Energy Today's most popular news from the past week.

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Total adds another year to Vantage jack-up deal

French oil company Total has exercised a one-year option on the existing contract for the Vantage Drilling-owned ...

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