Aquaterra Energy, a leader in offshore engineering solutions, has secured multiple offshore analysis contracts with INPEX Masela, a subsidiary of INPEX Corporation, to support the upcoming subsea drilling campaigns offshore Indonesia.Under the contract…
Saudi oil and gas drilling contractor ADES Holding has signed a multi-year contract extension for its jack-up rig Aquamarine Driller with QatarEnergy.The estimated value of the contracts is $215 million, including the firm and optional extensions…
There are early signs that some Asian countries are stepping up their imports of U.S. liquefied natural gas (LNG) as part of trade deals with President Donald Trump.Asia's imports of the super-chilled fuel are on track to hit an eight-month high of 2…
Digital twin technology company Aize has signed a Memorandum of Understanding (MoU) with McDermott to strengthen its presence and collaboration in the Middle East.The MoU spans the entire project lifecycle - from EPC through pre-operations to full operations…
The development Argentina’s vast Vaca Muerta share is transforming the nation into a rising energy exporter, with oil and pipeline gas already flowing abroad and an ambitious multi-phase ‘Argentina LNG’ initiative aiming to secure a permanent place in the global liquefied natural gas (LNG) market…
Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, or might it be more efficient for the two to join forces?An $800 billion combination would certainly evoke memories of Standard Oil…
Energy solutions company OEG has finalized an evergreen agreement with Al Nasr Holding Co., to enhance support for the oil and gas, petrochemical, and industrial sectors in Qatar.The agreement further reinforces the company's strategic partnership with Venture Gulf Engineering (VGE)…
French tubular solutions supplier Vallourec has secured a large contract to supply Oil Country Tubular Goods (OCTG) for drilling operations in Qatar, valued at over $50 million in potential revenue.The agreement includes the supply of carbon steel OCTG products with premium connections…
Qatar's gas production at the South Pars field is steady and supply is proceeding normally, it said on Tuesday, after the world's largest gas field was hit by an Israeli airstrike on Saturday, prompting Iran to partially suspend its production…
Australia is losing its competitive edge in attracting investment in natural gas exploration and production, threatening the nation’s energy security, economic growth and emissions reduction targets, a new report by Wood Mackenzie has found…
Borr Drilling reported a total operating revenue of $216.6 million for the first quarter, a decrease of $46.5 million compared to the fourth quarter of 2024.The net loss of $16.9 million was a decrease of $43.2 million compared to the net income in the fourth quarter of 2024…
China Offshore Oil Engineering Co. (COOEC) has announced that the deepwater pipe-laying crane ship 'Offshore Oil 201' has set sail from Guangdong headed for an offshore pipeline operation site in the Middle East.This is the first time the ship has entered the international market…
Technip Energies has secured a detailed engineering design contract by India’s EPC contractor Larsen & Toubro (L&T) for the expansion of QatarEnergy LNG’s North Field, one of the largest natural gas fields the world.Under the contract, Technip Energies…