Offshore Middle East News - page 8

McDermott Nets Offshore Pipeline, Cable FEED Deal in Qatar

Aug 10, 2022

Offshore engineering and construction firm McDermott has been awarded a Front-End Engineering Design (FEED) contract by QatarEnergy for the North Field South (NFS) Offshore Pipelines and Power/FO cables Project. The new contract is in addition…

ADNOC Drilling Wins $3.4B in Jack-up Drilling Rig Contracts

Aug 08, 2022

Abu Dhabi National Oil Company (ADNOC) and its international partners have awarded two contracts totaling more than $3.4 billion (AED12.6 billion) to ADNOC Drilling to hire eight jack-up offshore rigs. 'The contracts, valued at $1.5 billion (AED 5…

Eni Makes Latest Abu Dhabi Gas Discovery

Jul 29, 2022

Eni has announced a further 'significant' gas discovery, totaling an estimated 1-1.5 trillion cubic feet (Tcf) of gas in place, in its first exploration well drilled in offshore Block 2 Abu Dhabi, United Arab Emirates (UAE).This discovery was…

ADNOC Fleet Rises to over 300 with ZMI Buy

Jul 28, 2022

The shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC) is acquiring Zakher Marine International (ZMI), adding 24 jack-up barges and 38 offshore support vessels to its fleet. ZMI is an Abu Dhabi-based owner and operator of offshore support vessels…

ADNOC Drilling Confirms $2 Billion in Contracts for Ghasha Mega Gas Project

Jul 27, 2022

ADNOC Drilling Company PJSC on Wednesday confirmed the award of contracts worth $2 billion to support the world’s largest offshore sour gas development, ADNOC’s Ghasha offshore mega gas project, offshore Abu Dhabi.The contracts are valued at $1…

James Fisher and NMDC Ink Deal to Partner on Marine and Subsea Projects

Jul 27, 2022

UK-based James Fisher and Sons plc and Abu Dhabi’s NMDC Group, an engineering, procurement and construction company working in the marine construction and oil and gas industries, have signed a memorandum of understanding to collaborate on projects…

Third Unaoil Bribery Conviction Quashed in London

Jul 21, 2022

A third man convicted in Britain over how oil contracts were secured in post-occupation Iraq has had his conviction overturned by a London court, further unraveling a high-profile bribery case prosecuted by the UK Serious Fraud Office (SFO)…

QatarEnergy Awards $384,5M Offshore EPCI Deal to Milaha

Jul 18, 2022

Qatari company Milaha said Monday it had secured a five-year contract with QatarEnergy to deliver engineering, procurement, construction, and installation (EPCI) services for offshore projects in Qatar. The contract is worth QR 1.4 billion ($384…

Hezbollah: 'No one' will Extract Gas From Maritime Zones if Lebanon Unable To do So

Jul 14, 2022

The head of powerful armed group Hezbollah warned on Wednesday that 'no one' would be allowed to operate in maritime oil and gas fields if Lebanon was barred from its 'rights' in extracting from areas off of its own coast.'If you don't give us the rights that our state is asking for…

Blofeld, Al Gihaz Eye Potential Offer, Loan for Cash-strapped Lamprell

Jul 12, 2022

Cash-strapped offshore construction company Lamprell said Tuesday it had received a combined non-binding indicative all cash offer from Blofeld and Al Gihaz for the acquisition of all remaining Lamprell shares. The Blofeld and Al Gihaz have a combined shareholding of 44…

Saipem Expands Offshore Drilling Fleet with New Jack-up Rig

Jul 11, 2022

Italian energy industry services provider Saipem has expanded its offshore drilling fleet with a new jack-up drilling rig - the Perro Negro 11.Ocean Challenger, the asset management company of the Chinese rig builder CIMC, in June entered into a bareboat charter contract with Saipem…

Shell Joins Qatar's LNG Expansion Mega-Project

Jul 05, 2022

QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest liquefied natural gas (LNG) project, following agreements with TotalEnergies, Exxon, ConocoPhillips, and Eni…

Saipem Nets $1,2B Worth of Onshore, Offshore Contracts in M. East

Jun 28, 2022

Italian oil and gas services company Saipem said Tuesday it had won several contracts, both onshore and offshore, in the Middle East worth approximately $1,2 billion.The first batch of is related to the extension of onshore drilling contracts in the Middle East…

Libya NOC Could Declare Force Majeure in Gulf of Sirte Area

Jun 27, 2022

Libya's National Oil Corporation (NOC) said on Monday it was considering declaring force majeure in the Gulf of Sirte area within 72 hours unless production and shipping resume at the oil terminals there.Mustafa Sanallah, chairman of the state oil firm…

France Wants Iran, Venezuela Return to Oil Markets

Jun 27, 2022

France wants sanctions-hit Iran and Venezuela to return to the oil markets to alleviate a Russian squeeze of energy supplies that has spiked prices, a French presidency official said on Monday.It also wants a planned mechanism to cap the price…

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