A group of national industry players has come together to form the first shipbuilders consortium in the United Arab Emirates (UAE), which will work toward aligning national shipbuilding capabilities to drive maritime innovation and growth. According to AD Ports, the initiative is designed to strengt
Malaysia’s Velesto Energy, owner of premium jack-up rigs, has been hired to supply a jack-up rig for a drilling campaign off the coast of Malaysia, Southeast Asia.
Carnegie Clean Energy and its supply chain partners have completed the fabrication and manufacture of many key components of the scaled CETO wave energy unit to be deployed at Biscay Marine Energy Platform (BiMEP) as part of the ACHIEVE Programme, with the final component fabrication work packages u
Norway’s oil and gas player DNO has received the go-ahead from the country’s authorities for drilling activities in the Norwegian Sea with a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.
An arbitration regarding a disputed 2024 charter hire related to the largest vessel in Solstad Offshore’s fleet has been resolved in the favor of the Norwegian offshore vessel owner, the company reported. Solstad reported yesterday, May 14, that arbitration proceedings related to a disputed charter
Japan’s exploration and production (E&P) company Inpex has set the wheels in motion to join an offshore development project, which is described as Australia’s largest untapped conventional gas resource.
Société des Pétroles du Sénégal (Petrosen), Senegal’s state-owned oil and gas company, has shed light on the investment required to bring a deepwater gas field to life, which is estimated to hold recoverable resources of approximately 25 trillion cubic feet (tcf) of gas.
Malaysia’s state-owned oil & gas heavyweight Petronas has awarded a local company a five-year contract for the delivery of tubular running services (TRS). Kuala Lumpur-headquartered Destini Oil Services, the energy arm of Destini Group, officially secured the contract on March 30, 2026, with it endi
Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor.
ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has won a new offshore drilling assignment off the coast of Nigeria for one of its jack-up rigs.
UK-headquartered energy giant BP and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed on the dotted line to strengthen their energy bonds.
U.S.-headquartered energy technology giant Baker Hughes and Australia’s engineering player Worley have joined forces to pursue opportunities in the liquefied natural gas (LNG) sector, spurred by rising LNG demand across the globe.
Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has been hired on a jack-up assignment for a development drilling program at a field off the coast of Vietnam, Southeast Asia.
As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions ad
