Offshore engineering and construction firm McDermott has won a contract from Qatargas to deliver front-end engineering and design (FEED) work for Qatar Petroleum's North Field South (NFS) project.The contract scope includes the replication of five offshore wellhead platforms…
Mediterranean Sea-focused oil and gas firm Energean has entered into an agreement to buy Kerogen’s 30% shareholding in Energean Israel, which would result in Energean owning a 100% stake in the company.Energean Israel holds a 100% working interest in the Karish and Tanin leases…
Italian oil and gas firm Eni and Thailand’s national oil company PTTEP have been awarded exploration concession for Offshore Block 3 in the United Arab Emirates, with the concession deal signed with ADNOC on Monday.Eni is the operator with a 70% stake in the Exploration Offshore Block 3…
Qatar-based energy shipping company Nakilat said Monday it had assumed the technical ship management and operations of the Floating Storage and Regasification Unit (FSRU) Exquisite from Excelerate.The FSRU is jointly owned by Nakilat and Excelerate through a joint venture established in 2018…
Mediterranean Sea-focused oil and gas company Energean is looking to take full ownership of its 70 percent-owned subsidiary Energean Israel.The company said Monday it had entered into an exclusivity arrangement with an affiliate of Kerogen Capital…
Lebanon wants maritime border talks with Israel to succeed and difficulties that surfaced in the last session round can be overcome, President Michel Aoun told a U.S. mediator on Wednesday after the latest round was postponed.The negotiations between the old foes were launched in October…
Abu Dhabi's national oil company ADNOC said Thursday it had awarded a contract worth up to $519 million to Chinese seismic contractor BGP to further expand the scope of what it says is the world’s largest combined 3D onshore and offshore seismic survey…
The compliance of OPEC+ with oil production cuts in October was seen at 101%, three OPEC+ sources told Reuters on Friday, maintaining a strong level of adherence to their supply-cut pact.The compliance assessment will be reviewed and confirmed…
Israel and Lebanon resumed U.S.-mediated talks on Wednesday on a dispute about their Mediterranean Sea border that has held up hydrocarbon exploration in the potentially gas-rich area, the Israeli energy minister, and Lebanon’s state news agency said…
French oil major Total and Abu Dhabi's oil firm ADNOC have signed agreements to jointly work on opportunities in the areas of CO2 emission reductions and carbon capture, utilization, and storage (CCUS).'The agreement brings together the best-in-class in low carbon technologies from ADNOC and Total…
Iran's oil exports averaged 600,000 to 700,000 barrels per day (bpd) since March despite U.S. sanctions on its energy industry, an Iranian official said on Wednesday, far exceeding estimates by agencies monitoring the country's crude sales.One…
Dutch offshore installation firm Heerema Marine Contractors has said that its heavy lift vessel Aegir has completed the installation of North Oil Company’s Al-Shaheen Gallaf 1 Project.Heerema was contracted for the transportation and installation…
Offshore drilling contractor Noble Corporation has secured a contract extension for the Noble Mick O'Brien jack-up rig in Qatar.The Noble Mick O'Brien jack-up had had a contract with Qatar Gas running until mid-November 2020.Qatar Gas has now extended the contract…
Offshore rig builder Lamprell has won an engineering design services contract with Saudi Arabia's International Maritime Industries (IMI).Lamprell said the work would form an integral part of IMI's 2030 new build rig program; supporting the…
Israel and Lebanon on Wednesday held a second round of U.S.-mediated talks over their disputed sea border that has held up hydrocarbon exploration in the potentially gas-rich area, though sources said gaps between the sides remain large.Delegations from the long-time foes reconvened at a U…
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