Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE).OMV has agreed the sale of 5% stake in the…
Brazil's Senate has approved legislation to loosen environmental licensing, despite criticism from climate policy groups and figures inside President Luiz Inacio Lula da Silva's government.The bill, which was approved in the Senate by 54 votes to 13 late on Wednesday…
Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.In March, Reuters reported…
Italy's Saipem, in consortium with Abu Dhabi's National Petroleum Construction Company (NPCC), has signed today a letter of award with ADNOC for an offshore construction contract related to the freshly sanctioned Hail and Ghasha Development Project in the United Arab Emirates…
Abu Dhabi-based oil and gas company ADNOC has reached the final investment decision and award of contracts for the Hail and Ghasha Offshore Development project offshore Abu Dhabi.Hail and Ghasha are part of Abu Dhabi’s Ghasha Concession which is set to produce more than 1…
Global oil major BP said the world must invest in the production of oil and gas to avoid sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.Global gas prices surged seven-fold last year as 3% of global…
The World Court on Thursday rejected a lawsuit by Nicaragua seeking to define and expand its deep sea economic rights beyond those previously established in a long-running maritime border dispute over a trio of Caribbean islands with Colombia…
ADNOC Drilling has won a five-year contract for the provision of Integrated Drilling Services (IDS) totaling $412 million from ADNOC Offshore starting in the second quarter of 2023.ADNOC Drilling will provide IDS for the development of the Upper Zakum field…
Semco Maritime said Wednesday it was, together with local companies, conducting maintenance works on the Noble Innovator jack-up rig in the Port of Aberdeen, prior to the rig's deployment back to the North Sea to undertake decommissioning activity for BP…
Technip Energies, leading a joint venture composed of Samsung Engineering and Tecnimont S.p.A. (TST JV), has secured a Pre-Construction Services Agreement (PCSA) related to the onshore facilities for the Hail and Ghasha gas development project in Abu Dhabi…
Atlantic Gulf & Pacific International Holdings (AG&P) have signed a charter agreement to use ADNOC L&S 's LNG Carrier Gasha, as a Floating Storage Unit (FSU).The LNG carrier will be used at AG&P's LNG import terminal in India, which will be commissioned in the second half of 2024…
U.S. energy envoy Amos Hochstein will be in Beirut next week carrying a copy of the maritime agreement with Israel for Lebanese officials to sign, Lebanese negotiator Elias Bou Saab told Reuters on Wednesday. The deal - hailed by all three…
The Lebanese army said on Sunday that Israeli gunboats violated Lebanese territorial waters several times on Saturday in an area opposite Ras Naqura near the border between the two countries, an accusation Israel denied.The statement said there…
North Star’s new UK-built hybrid-powered daughter craft, specifically designed for the offshore wind market, has been launched at a naming ceremony held at the Royal Norfolk and Suffolk Yacht club in Lowestoft, adjacent to the firm’s regional operations hub…
