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ADES Boosts Backlog with Several Drilling Rig Deals off Nigeria

Apr 17, 2026

Offshore drilling contractor ADES Holding has secured multi-year contracts for three premium jack-up rigs offshore Nigeria and a separate one-year extension for another rig, strengthening its presence in West Africa.The drilling services provider…

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Apr 16, 2026

Saipem has secured two offshore contracts in Saudi Arabia worth about $400 million under an existing long-term agreement with Saudi Aramco.The contracts, known as Contract Release Purchase Orders, relate to work at the Safaniya oil field, one of the world’s largest offshore oil fields…

AF Gruppen Expands Decom, Offshore Wind Scope with Acteon’s Claxton Buy

Apr 15, 2026

AF Gruppen has acquired all shares in Claxton Engineering Services to strengthen its position in offshore decommissioning, life extension and offshore wind.The agreed enterprise value is $86.1 million (£63.5 million), with the consideration…

Sponsored: Global Energy Leaders to Convene at Egypt Energy Show 2026 to Strengthen Partnerships and Shape the Future of Energy Systems

Mar 30, 2026

The 9th edition of Egypt Energy Show 2026 will take place in Cairo from 30 March to 1 April 2026, bringing together Heads of State, ministers, CEOs and global energy leaders at a pivotal moment for the industry.  His Excellency Abdel Fattah El Sisi…

Current News

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

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