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Sparrows to build cranes for Qatargas' project

Equipment and integrated engineering services company Sparrows Group has secured a contract to manufacture three ...

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ADNOC awards $1.65B worth deals to Petrofac

Petrofac Emirates has been awarded two contracts, together worth around $1.65 billion with Abu Dhabi National Oil ...

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Popular news, February 10 – 16, 2020

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

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More offshore EPC spending in 2020, prices remain a focus

Significant cost reductions have improved E&P cashflows and should drive increased offshore tendering activity in ...

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Lamprell in digital collaboration pact with Akselos

UAE-based offshore oil rig builder Lamprell and digital twin solutions provider Akselos have signed an exclusive ...

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Rystad cuts global oil demand forecast over coronavirus

The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both ...

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RigNet to supply comms tech to Northern Offshore fleet

Offshore telecommunication services provider RigNet has signed a long-term agreement with offshore driller Northern ...

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OPEC calls for extending oil cuts amid coronavirus impact

OPEC has recommended extending oil production cuts until the end of 2020 due to the negative impact of the ...

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Popular news, February 3 – 9, 2020

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

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January's worldwide offshore rig count up 2 rigs Y-o-Y

The worldwide offshore rig count in January 2020 has dropped by 14 units sequentially but rose by two units ...

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Saipem clinches new batch of contracts worth $500M

Italian oilfield contractor Saipem has been awarded several EPCI contracts in various countries around the world ...

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Energean working to stay on track with FPSO hull in China

Energean Oil and Gas still expects to remain on track to deliver first gas from its Karish and Tanin project ...

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Rystad expects further growth in floaters demand

Demand from the world’s top oil companies for floating drilling units is set to rise through 2020 and 2021, ...

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KBR secures work on project off Abu Dhabi

KBR has been awarded a major project management consultancy (PMC) services contract by Abu Dhabi National Oil ...

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Popular news, January 27 – February 2, 2020

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

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UAE and China JV produces first oil from field off Abu Dhabi

Al Yasat, a joint venture between UAE's ADNOC and China's CNPC, has started first oil production from the Bu Haseer ...

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Energean sets timeline for Zeus well spud

Energean plans to start drilling the Zeus exploration well, located offshore Israel, in March this year.

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Chinese yard late with hull delivery for Energean Power FPSO

Energean has experienced a delay in delivery of a hull for its Energean Power FPSO, which is being built by a Cosco ...

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Popular news, January 20 – 26, 2020

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

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Eni and ADNOC to work together on CCUS

ADNOC has signed a strategic framework agreement with Italy’s energy company, Eni, to explore new opportunities for ...

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GMS lands five-year contract for maintenance services

Gulf Marine Services (GMS) has been awarded a five-year contract for maintenance services as an enhanced extension ...

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ADES in second jack-up extension in two weeks

ADES International, an oil & gas drilling and production services provider in the Middle East and North Africa ...

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Lamprell gets order for two ARO Drilling-bound jack-ups

UAE-based offshore oil rig builder Lamprell has won a formal award from International Maritime Industries (IMI) ...

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Popular news, January 13 – 19, 2020

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

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Masirah boosts Yumna well funds through investment round

Exploration and production company Masirah Oil has raised $21.5 million for drilling of the Yumna appraisal well ...

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Axxis Geo Solutions starts Middle East OBN survey

Axxis Geo Solutions, a Norwegian ocean bottom node seismic company, has begun work on a large 3D ocean bottom node ...

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Israel starts piping gas from Leviathan field to Egypt

Noble Energy has started exporting natural gas from its operated Leviathan field located offshore Israel to Egypt. 

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