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Oil & Gas

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Zama graphic; Credit: Wintershall Dea, now Harbour Energy
Oil & Gas

Multibillion-dollar oil project getting new operator as Pemex passes the baton to Harbour

London-listed oil and gas company Harbour Energy is taking over the operator role at a giant oil field in the Sureste Basin off the coast of Tabasco state.

about 8 months ago
A large vessel at sea
Oil & Gas

Order for new LNG vessel trio lands on Korean player’s plate

Greece-headquartered shipping player Capital Clean Energy Carriers Corp. (CCEC) has tasked South Korea’s HD Hyundai Samho (Hyundai) to construct three liquefied natural gas (LNG) carriers (LNGC) set for delivery in 2028 and 2029.

about 8 months ago
Illustration; Source: Gulf Marine Services (GMS)
Oil & Gas

GMS vessel staying on in GCC region

Gulf Marine Services (GMS), a UAE-headquartered provider of self‐propelled, self‐elevating support vessels for the offshore energy sector, has secured more time for one of its mid-size vessels in the Gulf Cooperation Council (GCC) region.

about 8 months ago
Saipem secures two contracts with Saudi Arabia’s Aramco worth $600M
Oil & Gas

Saipem secures two contracts with Saudi Arabia’s Aramco worth $600M

Italy’s Saipem has secured two offshore contracts in Saudi Arabia worth approximately $600 million under its existing long-term agreement with the country’s energy heavyweight Aramco. The first contract release purchase order (CRPO) covers the engineering, procurement, construction, and installation

about 8 months ago
Illustration; Source: Soiltech
Oil & Gas

Floater deal comes Soiltech’s way

Norway-based cleantech service provider Soiltech has landed a new floater deal on the Norwegian Continental Shelf (NCS).

about 8 months ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Oil & Gas

Transocean rig encounters gas as it spuds next well in drilling campaign offshore Australia

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has kicked off drilling activities at another well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player.

about 8 months ago
Noble Resolute; Source: Noble Corporation
Oil & Gas

Noble entrusts Norwegian player with job on 2009-built rig

Noble Corporation, a U.S.-based offshore drilling giant, has assigned a task for its 16-year-old jack-up rig to Norway-based cleantech service provider Soiltech.

about 8 months ago
Illustration; Source: Europa Oil & Gas
Oil & Gas

Chinese partner comes aboard African oil & gas block ahead of drilling ops

Antler Global, an associated company of the UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas, has inked a deal to offload a partial stake in a block off the coast of Equatorial Guinea to Fuhai (Beijing) Energy, a wholly owned subsidiary of China’s privately owned Fuhai Group New E

about 8 months ago
Illustration; Source: Velesto Energy
Oil & Gas

Velesto disposes of its workover business to Enviros

Velesto Malaysian Ventures, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of six premium jack-up rigs and two hydraulic work-over units, has taken steps to offload its stake in Velesto Workover Sdn Bhd (VWSB).

about 8 months ago
AD50 jack-up rig; Source: Ocean Oilfield
Oil & Gas

Jack-up rig comes to Ocean Oilfield’s shipyard

Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has confirmed the arrival of a jack-up rig owned by Arabian Drilling, said to be the largest onshore and offshore drilling company in Saudi Arabia by fleet size, to its Hamriyah Shipyard in Sharjah, United Arab Emirates (UAE).

about 8 months ago
Deep Value Driller drillship; Source: Deep Value Driller
Oil & Gas

Saipem keeping seventh-gen drillship longer in its rig fleet

Italy’s engineering, drilling, and construction services giant Saipem has prolonged the stay of a chartered seventh-generation drillship in its rig fleet.

about 8 months ago
Large-scale LNG plant within Sakhalin II project; Source: Gazprom
Oil & Gas

$11 billion investment agenda on Gazprom’s 2026 horizon

Russia’s energy giant Gazprom has received the blessing from its board of directors for its investment program and budget for next year, which is set at RUB 1.1 trillion (around $11 billion), a decrease from RUB 1.52 trillion (almost $15.22 billion) earmarked for 2025 and the spending of RUB 1.64 tr

about 8 months ago
Trident 16 rig; Source: Ministry of Petroleum and Mineral Resources – Egypt
Oil & Gas

Eni going full steam ahead with drilling campaign in Gulf of Suez

As the dash for gas off the coast of Egypt continues to run unabated, the country’s Minister of Petroleum and Mineral Resources has visited the drilling site of the first well in the drilling program, Italy’s energy giant Eni is currently undertaking in the Gulf of Suez with a rig owned by Shelf Dri

about 8 months ago
Chevron-operated Leviathan gas asset; Source: NewMed Energy
Oil & Gas

$35 billion gas export deal good to roll

A multibillion-dollar agreement for the export of natural gas from Israel to Egypt is locked and loaded, following the green light from the Israeli government.

about 8 months ago
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