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Deepwater contributes half of discovered volumes in 1H 2019

Deepwater discoveries are leading the charge with global discoveries of conventional oil and gas continuing to show ...

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Qatar: McDermott in North Field FEED with QP

Offshore installation and construction firm McDermott has been awarded a contract by Qatar Petroleum (QP) for ...

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South Korean firm picks up $2,7B Saudi Aramco contracts

The company will build a gas and crude-processing plant in Saudi Arabia.

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McDermott nets $4,5b Marjan field offshore contracts

The award represents the single largest EPCI offshore contract awarded by Aramco

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Saipem clinches $3.5B Marjan, Berri field deals

Italian oilfield services giant Saipem has won a large part of Saudi Aramco's $18 billion awarded as part of ...

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Saudi Aramco to splash $18 billion on Marjan, Berri fields

Saudi oil giant Saudi Aramco has said it has awarded $18 billion worth of contracts for the engineering, ...

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Shelf Drilling in jack-up rig deal extension in UAE

Jack-up rig firm Shelf Drilling has won a contract extension for one of its rigs operating offshore the UAE.

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Popular news, July 1 – 7, 2019

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

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Shelf Drilling gets 2-year extension for jack-up duo

Shelf Drilling has executed a two-year extension for each of the Shelf Drilling Tenacious and the Shelf Drilling ...

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ADNOC Drilling picks Zentech for engineering support

Zentech has been selected by ADNOC Drilling on an exclusive basis to provide comprehensive engineering support for ...

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Sparrows lands first rigging maintenance deal in Qatar

Sparrows Group has been awarded its first contract for the provision of rigging loft maintenance services in Qatar. 

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Worldwide offshore rig count in June up by 56 rigs

The worldwide offshore rig count in June 2019 rose by 9 units sequentially and rpse by 56 units year-over-year, ...

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Offshore rig market should love China’s energy independence

With nearly 60 offshore rigs, China is doing everything it can to boost oil and gas production. And the country’s ...

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OPEC+ extends oil output cuts till March 2020

Following OPEC’s decision on Monday to extend the voluntary oil production cuts in order to keep oil prices stable, ...

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OPEC extends output cuts for 9 months

OPEC members have agreed to extend the voluntary oil production cuts for another nine months, with the aim to keep ...

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Halliburton in $597M offshore deal in Kuwait

Bloomberg has reported that the value of the deal is around $597 million.

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DP World splashes over $1 billion on Topaz acquisition

Dubai-based DP World has acquired Topaz Energy and Marine, a provider of marine and logistics solutions to the ...

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Popular news, June 24 - 30, 2019

These are the most read articles of the week on Offshore Energy Today

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ADNOC, KKR, BlackRock complete $4B pipeline transaction

Abu Dhabi’s ADNOC has closed the previously signed multi-billion-dollar pipeline infrastructure partnership deal ...

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NPCC builds 'one of world's largest offshore platforms'

Umm Lulu Gas Treatment Platform (ULGTP) - weighing 32,000 metric tonnes (MT) and measuring 77.7 meters x 83.5 ...

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Saudi Aramco, Korean firms inks billion-dollar deals

Saudi oil giant Saudi Aramco has signed twelve agreements potentially worth billions of dollars with major South ...

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Energean firms up agreement with Israel Natural Gas Lines

Energean has signed a detailed agreement with Israel Natural Gas Lines (INGL) for the transfer of title of the near ...

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WoodMac: Both tight oil & deepwater have vital roles to play

Deepwater and tight oil are two of the upstream sector’s great growth themes, but are often considered to be at ...

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McDermott scores 'large' offshore contract with Saudi Aramco

McDermott defines a large contract as between $50 million and $250 million.

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Popular news, June 17 – 23, 2019

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

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Report: Oil prices rise over U.S. - Iran tensions

Oil price rose Friday over tensions between the U.S. and Iran, following Tehran’s shooting down a U.S. drone on ...

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CGG pens 'largest ever' deal for OBN seismic data processing

The contract has been awarded by ADNOC in Abu Dhabi

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