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SembMarine to build platforms for two giant offshore project

Sembcorp Marine has clinched two offshore platform contracts worth over S$550 million($405M) that support ...

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Popular news, December 16 - 22, 2019

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

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More Gulf of Mexico work for Pacific drillship

U.S. oil major Chevron has exercised an option for the Pacific Drilling-owned drillship Pacific Sharav, operating ...

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Conditions met for Leviathan, Tamar gas exports to Egypt

Noble Energy and its partners Delek and Ratio have met all conditions precedent for the export of natural gas to ...

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Leviathan partners sign condensate sale deals

The Leviathan is expected to be brought online this month.

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Popular news, December 9 - 15, 2019

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

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'Projects with breakeven above $60 risk being uncommercial'

Energy projects that need oil prices above $60 per barrel in order to break even risk being uncommercial going ...

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OPEC and allies agree on deeper production cuts

Saudi Arabia together with other OPEC members and Russia have decided on deeper production cuts for the first ...

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Two companies join forces to form new UAE-based player

Ali & Sons Marine Engineering Factory (ASMEF), the UAE-based company catering to the marine and oil & gas ...

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Popular news, December 2 – 8, 2019

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

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Worldwide offshore rig count in November up 41 rigs Y-o-Y

The worldwide offshore rig count in November 2019 increased by four units sequentially and 41 units year-over-year, ...

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Solstad secures several jobs for its vessels

Norwegian offshore vessel owner Solstad Offshore has been awarded several contracts in the Middle East and Mediterranean.

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Rystad: Bleak outlook if OPEC+ fails to agree on deeper cuts

Barring additional oil production cuts by OPEC in 2020, Norwegian energy intelligence company, Rystad Energy, ...

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Popular news, November 25 – December 1, 2019

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

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GMS inks 15-month deal in Middle East

Offshore oilfield contractor Gulf Marine Services (GMS) has won a firm 15-month contract plus options for one of ...

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McDermott completes first two jackets for QP's North Field

Qatar Petroleum has announced the completed fabrication of the first two jackets required for offshore facilities ...

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Masirah awards contract for FSO to store crude oil in Oman

Masirah Oil has awarded a contract to Wings Offshore for a floating storage and offloading vessel, which will be ...

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Massive North Field to boost Qatar's LNG output by 64 pct

The contribution from Qatar's giant North Field in the Persian Gulf is expected to boost Qatar's LNG production to ...

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Boskalis wraps Horizon buy

Dutch marine contractor Boskalis has now fully acquired the UAE-based Horizon Group, a company specializing in the ...

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Popular news, November 18 – 24, 2019

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

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Energean inks another sales agreement for Karish gas

Energean Oil and Gas and MRC Alon Tavor have signed a gas sales and purchase agreement for the sale of ...

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ADNOC, Honeywell team up on predictive maintenance project

The Abu Dhabi National Oil Company (ADNOC) has entered into a partnership with Honeywell for one of the largest ...

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Yemen: Houthi rebels detain vessel towing South Korean rig

Yemeni rebel group Houthi has reportedly hijacked two South Korean vessels and one Saudi vessel off the Island ...

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Energean applies to supply gas from Karish to Cyprus

Energean has submitted to the authorities of the Republic of Cyprus applications to import and supply natural gas ...

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Rystad: Supermajors could raise over $27B in selling spree

The global oil and gas supermajors are looking to sell assets that could bring in a total of $27.5 billion, ...

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Popular news, November 11 – 17, 2019

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

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New deals, cost cuts spur GMS to lift 2019 guidance

Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels, has improved its financial ...

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