Saudi Arabian drilling contractor Arabian Drilling has signed a contract with Masirah Oil and Northern Offshore to drill two firm wells and two optional wells in Oman, marking the company's entry into a new Gulf Cooperation Council (GCC) market…
Just two tankers transited the key energy chokepoint of the Strait of Hormuz on Monday, for the lowest daily tally of commodity vessels since early May, with both entering the Gulf, shipping data showed.The figure was also well below the 10-day average of 14…
McDermott has secured a mega engineering, procurement, construction and installation (EPCI) contract by ADNOC for work related to increasing gas recovery and production from the Umm Shaif field.The contract, valued over $1 billion, is for Package…
One turbine at Ørsted’s Greater Changhua 4 wind farm in Taiwan has been put out of service after its system detected an abnormal condition, later determined to be a fire that was promptly extinguished by the wind farm team.On 8 August, a wind…
Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrictions, including fines, detention, or confiscation, the Persian Gulf Strait Authority wrote in a post on X.The warning heightens…
Chevron said on Monday it had discovered oil and gas condensate at an exploration well in Block 0, offshore Angola, adding to its push to increase production in sub-Saharan Africa through infrastructure-led exploration.Western and southern Africa…
Bohai Phase 5 has entered full operation at the Penglai oil field offshore China, expanding production infrastructure through a project delivered by ConocoPhillips and operator CNOOC.The development adds two new wellhead platforms, four platform…
Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz, as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those which violated the proposed rules.Brent crude futures LCOc1 were up 85 cents…
The 495 MW Fengmiao I offshore wind project offshore Taiwan has reached two key offshore construction milestones, with Jan De Nul completing installation of the project's export cables and CDWE finishing installation of the offshore substation (OSS) and pin piles…
Mermaid Maritime is expanding into the U.S. offshore energy market, establishing a wholly owned corporate presence in Delaware as part of a strategy focused initially on opportunities in the Gulf of America.The new U.S. entity will serve as the group's operational and contracting platform…
India's top explorer, Oil and Natural Gas Corp (ONGC), hopes to soon sign agreements with Venezuela to operate two oil blocks under the South American nation's new petroleum law, its finance chief said on Wednesday.State-run ONGC, through its overseas investment arm ONGC Videsh…
Fugro Survey India has been awarded a three-year contract by Vantage International Management Company to provide remotely operated vehicle (ROV)-based deepwater drill support services for ONGC's offshore drilling operations in India.Under the contract…
China-based offshore wind foundations manufacturer Dajin Heavy Industry has delivered KING TWO, the second 40,000 DWT heavy deck carrier in its self-developed and self-built KING series.The delivery represents a step in expanding the company's offshore vessel-building capabilities…
Vantris Energy has secured new offshore engineering and drilling work in Malaysia, including a transportation and installation (T&I) work order from Petronas and a tender-assisted drilling rig (TADR) assignment and contract for offshore development drilling campaigns…
ADNOC, in collaboration with SLB, has deployed an artificial intelligence (AI)-enabled Real-Time Operations Center (RTOC) platform across its fleet of more than 120 drilling rigs, aiming to improve drilling performance, reduce engineering effort…
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