Offshore Middle East News - page 5

 

Vantris Energy Dives Deeper in Saudi Oil Market with Aramco Deal

Oct 21, 2025

Malaysian oil-services company Vantris Energy, formerly Sapura Energy, has through its joint venture company Rawabi Sapura (Rawabi JV) secured a seven-year contract to provide diving support services for Aramco in Saudi Arabia, starting from 2027…

Sanctions Force Vantage Drilling to End Platinum Explorer Contract

Oct 20, 2025

Offshore drilling contractor Vantage Drilling has announced the termination of the contract for its ultra-deepwater drillship Platinum Explorer.The termination, with immediate effect, is for the 260-day campaign the Platinum Explorer drillship was hired earlier in 2025…

Kuwait Makes Third Offshore Oil Discovery

Oct 13, 2025

Kuwait Oil Company said on Monday it made its third offshore discovery with production capacity of more than 29 million cubic feet per day of natural gas, in a boost to the power-squeezed, desert nation's efforts to ramp up output.The Jazza field…

Shelf Drilling Shareholders Clear Merger with ADES

Oct 08, 2025

The shareholders of Dubai-based Shelf Drilling have approved the proposed cash merger with offshore oil contractor ADES International Holding, following the revised offer the Saudi Arabian firm.An extraordinary general meeting was held on October 6…

ADNOC-Led Consortium Scraps $18.7B Santos Takeover Offer

Sep 17, 2025

International consortium, led by Abu Dhabi's National Oil Company (ADNOC), has withdrawn its indicative $18.7 billion offer to acquire Australian oil and gas producer Santos.The consortium, led by ADNOC’s investment arm XRG, said it will not proceed with a binding offer for Santos…

Astro Offshore Expands Fleet with Five New Vessels

Sep 17, 2025

Offshore vessel operator Astro Offshore, an Adani Group company, has acquired five offshore vessels en bloc, raising its fleet size to 49 ships and strengthening its presence in West Africa.The deal includes four platform supply vessels (PSVs)…

Chevron, Israeli Operator Set to Start Building New Gas Pipeline to Egypt

Sep 17, 2025

Chevron has signed a deal with state-owned pipeline operator Israel Natural Gas Lines to kickstart construction of the Nitzana natural gas pipeline to transport gas from the Leviathan gasfield to Egypt, the U.S. company said on Tuesday.Nitzana would ease an energy crisis in Egypt…

Future is Here: Smart Drones Take on Wave Energy Plant Upkeep (Video)

Sep 16, 2025

Onshore wave energy technology developer Eco Wave Power has partnered with BladeRanger, an automated drone-based cleaning and diagnostics specialist, to introduce drones for the maintenance of its wave energy systems.The collaboration was demonstrated…

‘Major Deal’ Offshore Saudi Arabia Boosts Subsea7’s Contract Backlog

Sep 15, 2025

Subsea7 has secured a major project under the long-term agreement (LTA) with Aramco that relates to certain facilities located offshore Saudi Arabia.The contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and export pipelines…

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

Sep 12, 2025

China’s Offshore Oil Engineering Company (COOEC) has won two bids from QatarEnergy, worth approximately $4 billion, for work at Bul Hanine offshore oil and gas redevelopment project.Located in the Qatari waters of the Persian Gulf, the project comprises four packages covering new build (greenfield)…

Energean Nets $4B in New Israeli Gas Offtake Deals

Sep 11, 2025

Eastern Mediterranean focused gas producer Energean secured $4 billion worth of new Israeli gas offtake contracts in the first half of the year, the group said on Thursday, bringing its contract pipeline to $20 billion over the next two decades…

Tekmar Gets $10M Subsea Cable Protection Contract off UAE

Sep 11, 2025

Offshore services firm Tekmar has secured a contract, worth more than $10 million, to supply advanced subsea cable protection systems for an offshore energy project in the United Arab Emirates.The contract, awarded by major international Engineering…

Energean Lowers Annual Output Forecast for Second Time

Sep 11, 2025

British gas producer Energean cut its annual production forecast for the second time in nearly four months on Thursday, hurt by the temporary suspension of production in Israel in June.Production for 2025 is now expected at 145,000 to 155,000 barrels of oil equivalent per day (boepd)…

Vantage Drilling Confirms Deal for Platinum Explorer Drillship

Sep 10, 2025

UAE-based offshore drilling contractor Vantage Drilling has signed the contract for its ultra-deepwater drillship Platinum Explorer.Operations with an undisclosed client for the approximately 260-day campaign, inclusive of mobilization and demobilization time…

Astro Offshore Enters West Africa with Acquisition of Two New PSVs

Sep 05, 2025

Offshore vessel operator Astro Offshore, an Adani Group company, has acquired two modern platform supply vessels (PSVs) and entered the West African market, expanding its global footprint.The vessels, Astro Rastaban (built 2020) and Astro Rigel (built 2023)…

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