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Middle East News

 

MCDermott Gets Pipelines and Cables Job at Qatar's Giant Gas Field

Oct 03, 2024

McDermott has secured an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) offshore pipelines and cables project, part of the world's largest liquefied natural gas (LNG) project…

Shelf Drilling Finalizes Baltic Rig Sale

Sep 23, 2024

Offshore drilling contractor Shelf Drilling has closed the sale of its Baltic jack-up rig for $60 million with an undisclosed client.Shelf Drilling said the buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Malaysia…

Shelf Drilling to Consolidate Jack-Up Fleet and Resolve Funding Gaps via Triangular Merger

Sep 16, 2024

UAE-based offshore drilling firm Shelf Drilling (SHLF) has initiated a business consolidation plan via triangular merger between its indirect subsidiary SHLF MergCo, Shelf Drilling North Sea (SDNS), as the surviving entity in the proposed merger…

Saipem Nets $4B for Work at Qatar’s Giant Gas Field

Sep 16, 2024

Italian offshore energy services firm Saipem has secured $4 billion engineering, procurement, and construction (EPC) contract from QatarEnergy LNG for work at a project aimed at sustaining the production of the North Field natural gas reservoir offshore Qatar…

ADNOC Signs 15-Year LNG Supply Deal with Indian Oil

Sep 10, 2024

The Abu Dhabi National Oil Company (ADNOC) has signed long-term liquefied natural gas (LNG) supply agreement with Indian Oil for the delivery of delivery of 1 million metric tonnes per annum (mmtpa) of LNG, to be primarily sourced from the Ruwais project…

ADES Buys Two Jack-Ups from Vantage Drilling in $190M Deal

Sep 09, 2024

Saudi oil and gas driller ADES Holding has acquired two premium jack-up drilling rigs from Vantage Drilling, contracted in Southeast Asia, for $190 million.The transaction encompasses the direct asset acquisition of the Topaz jack-up rig, contracted…

ADNOC Signs LNG Supply Agreement with Osaka Gas for Ruwais LNG Project

Aug 06, 2024

Abu Dhabi National Oil Company (ADNOC) has signed a long-term heads of agreement with Osaka Gas for the delivery of up to 0.8 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) from the Ruwais LNG project.The LNG will primarily…

Shelf Drilling Sells Baltic Jack-Up Rig

Jul 30, 2024

Offshore drilling contractor Shelf Drilling has signed an agreement for the sale of Baltic jack-up rig for $60 million with an undisclosed client.The buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Southeast Asia…

PTTEP Buys Wintershall Dea's Share in Abu Dhabi’s Ghasha Concession

Jun 13, 2024

German oil and gas company Wintershall Dea has sold its 10% interest in Abu Dhabi's Ghasha Concession to Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) as part of its exit strategy from the United Arab Emirates, ahead of announced business combination with Harbour Energy…

Aramco Acquires 40% stake in Gas & Oil Pakistan

May 31, 2024

Saudi Arabian state-owned oil and gas giant Aramco has competed the acquisition of a 40% equity stake in Gas & Oil Pakistan (GO).GO is a diversified downstream fuels, lubricants and retail store operator in Pakistan with a network of more than 1…

First Production Starts at ADNOC’s Belbazem Offshore Block

Mar 27, 2024

Abu Dhabi's national oil firm ADNOC has announced the start of crude oil production from its Belbazem offshore block, operated by Al Yasat Petroleum, a joint venture between ADNOC and China National Petroleum Corporation (CNPC).Located 120 kilometers northwest of Abu Dhabi city…

Saipem Loads Out Three Topsides for QatarEnergy LNG’s North Field Gas Project

Mar 13, 2024

Italian energy industry engineering and construction firm Saipem has loaded out the first three topsides for QatarEnergy LNG’s North Field Production Sustainability (NFPS) gas project, located offshore the north-east coast of Qatar.The three topsides…

QatarEnergy and Petronet Sign 20-Year LNG Supply Deal for India

Feb 06, 2024

QatarEnergy has entered into a 20-year sale and purchase agreement with Petronet LNG for the supply of 7.5 million tons per annum (MTPA) of liquefied natural gas (LNG) destined to the Republic of India.Pursuant the terms of the sale and purchase agreement (SPA)…

QatarEnergy Signs 15-year LNG Supply Deal with Excelerate Energy

Jan 29, 2024

QatarEnergy and Excelerate Energy have signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh.Pursuant to the SPA, Excelerate will purchase up to 1 million tons per annum…

Indian Firm Clinches Mega Offshore Order in the Middle East

Nov 22, 2023

India-based L&T Energy Hydrocarbon – LTEH, the hydrocarbon business of Larsen & Toubro (L&T) has received a Letter of Intent for a 'mega' offshore order from an unnamed 'prestigious client in the Middle East.'For LTEH, a 'mega' contract means the contract is valued between ₹C 10…

Current News

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

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

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

DOF Secures Moorings Hook-Up Job in Asia Pacific

DOF Secures Moorings Hook-Up Job in Asia Pacific

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Floating Offshore Wind Test Center Planned for Japan

Floating Offshore Wind Test Center Planned for Japan

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

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