Aramco, one of the world’s leading integrated energy and chemicals companies, has signed 34 memoranda of understanding (MoUs) and agreements, with a potential total value of approximately $90 billion, with major U.S. companies.The MoUs and agreements…
Woodside Energy’s Scarborough energy project has achieved a major engineering milestone with the joining together of the topsides and hull for the Floating Production Unit (FPU).Constructed separately at two different fabrication yards in China…
Saudi Arabian state-owned oil giant Aramco has signed contract extension with ARO Drilling, its 50-50 joint venture with Valaris, for five jack-up drilling rigs.The contract, deemed as significant by ARO Drilling, marks a key milestone in the…
Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday.Greece this week issued…
Copenhagen Infrastructure Partners (CIP), through its flagship fund CI V, has entered a power purchase agreement with Google for the Fengmiao I offshore wind farm in Taiwan.The agreement is the second PPA between Google and CIP on offshore wind…
Lloyd’s Register (LR) has awarded an International Electrotechnical Commission for Renewable Energy (IECRE) feasibility statement to Orbital Marine Power for its O2-X tidal energy converter.The IECRE is a global renewable energy conformity assessment…
The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships…
McDermott has been selected by Shell Global Solutions International for an Enterprise Framework Agreement (EFA) for engineering and procurement services and integrated project management team services (IPMT).The EFA has a duration of three years with two one-year optional extensions…
Offshore accommodation rig provider Floatel International has finalized the sale of semi-submersible accommodation rig Floatel Reliance, which has been in lay-up since April 2016.The firm contract follows the previously announced agreement in…
Offshore accommodation rig provider Floatel International has informed that the previously communicated Letter of Intent (LOI) with an undisclosed client for Floatel Triumph has now been converted into a firm contract.The assignment, located offshore Western Australia…
Abu Dhabi National Oil Company is considering listing its international investment arm XRG on an exchange outside of the United Arab Emirates, three people with knowledge of the matter said, potentially creating one of the largest listed energy companies globally…
McDermott has completed the engineering, procurement, construction, installation, and commissioning (EPCIC) activities at Shell’s deepwater Whale development in the Gulf of Mexico, which started production through new platform in January 2025…
Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has signed new vessel contracts and extended the previous ones, securing $21 million, as well as additional $21.7 million for the option period.GEOS concluded a firm…
Navantia UK, a subsidiary of Spanish shipbuilder Navantia, has secured a contract from McDermott Trinidad for the manufacture of subsea structures for a project in Trinidad and Tobago.The year-long contract will see the company deliver critical subsea components from its Arnish facility…
Seatrium Offshore Technology has won an international tender from International Maritime Industries (IMI), the largest shipyard in the MENA region, for the supply of equipment and license for a LeTourneau Super 116E Class Self-Elevating Drilling Unit (SE-MODU)…