ADNOC Drilling has widened its footprint in the Arab states of the Persian Gulf, thanks to a deal to obtain a majority stake in MB Petroleum Services (MBPS), a drilling and oilfield services (OFS) provider with operations in Oman, Kuwait, Saudi Arabia, and Bahrain.
Norwegian energy data and intelligence company TGS and U.S.-headquartered energy giant Chevron have signed a three-year capacity agreement for marine streamer and ocean bottom node (OBN) acquisition services. The parties plan to collaborate on seismic acquisition projects using TGS streamer and OBN
Norwegian oil and gas operator DNO has signed a deal with compatriot Aker BP to swap multiple assets on the Norwegian Continental Shelf (NCS).
Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on t
Abu Dhabi National Oil Company (ADNOC) has struck a multi-year liquefied natural gas (LNG) offtake deal with Shell International Trading Middle East Limited FZE, a wholly-owned subsidiary of the UK-based Shell, for its low-carbon LNG project, currently under development in the United Arab Emirates (
Inpex Idemitsu Norge, a subsidiary of Japan’s Inpex, has completed the acquisition of three assets in Norwegian waters from Norway’s oil and gas company Pandion Energy.
Ocean services provider DeepOcean has signed a heads of terms agreement with Saudi Arabia-based Jana Marine Services to establish a joint venture company that will offer integrated subsea solutions to the offshore energy industry in the Middle East. To be named JADE Subsea Services, the joint ventur
XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has set the wheels in motion to join Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian S
UK’s Serica Energy has signed a farm-in agreement with Perth-based oil and gas exploration player, Finder Energy, for an interest in a license in the Central North Sea.
CGX, a Canadian-based oil and gas exploration company focused on oil exploration in the Guyana-Suriname Basin, has entered into a loan agreement with a subsidiary of Frontera Energy Corporation, its joint venture partner in a petroleum prospecting license for a block offshore Guyana.
Two oil and gas giants, Italy’s Eni and Malaysia’s PETRONAS, have signed an investment agreement to establish a regional upstream joint venture company combining some of their upstream assets in Indonesia and Malaysia.
ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has secured the green light to restart one of its offshore drilling assignments off the coast of Saudi Arabia.
Qatar’s state-owned oil and gas giant QatarEnergy has chosen Samsung C&T Corporation as the contractor, which will breathe life into a giant carbon capture and sequestration (CCS) project designed to serve the Persian Gulf state’s existing liquefied natural gas (LNG) production facilities.
Singapore-based offshore, marine, and energy solutions provider Seatrium has raked in millions by shedding non-core assets to streamline its vessel portfolio with a platform supply vessel (PSV) sale.
