Lamprell bidding pipeline climbs to $7.9 billion as renewables boom
Lamprell has indicated a “significant step up” in its bidding pipeline as global opportunities in renewables continues to rise.
Middle East
All Middle East Posts
Eni makes gas find offshore Abu Dhabi
Eni has discovered gas at its first exploration well drilled offshore Abu Dhabi, in the offshore Block 2.
Aramco picks up Aker BP stake in Cognite
Saudi Aramco has bought a 7.4% stake in Norway’s Cognite, a software company.
Greenpeace floats boom as short-term FSO Safer response
Greenpeace has called for the FSO Safer to be isolated with a boom as a short-term measure to prevent an ecological disaster.
Adnoc launches new Murban unit to raise debt
Adnoc has set out plans to issue bonds via a new wholly owned subsidiary, as it continues working to raise capital.
KCA Deutag secures nearly 200 jobs with $550 million Oman contract
Aberdeen-headquartered KCA Deutag has landed a contract worth $550 million (£408m) in Oman, securing nearly 200 jobs.
Eni signs up logistics plan with AD Ports at Mugharraq
AD Ports has established a new agreement with Eni’s local subsidiary on setting up a marine logistics base.
Gulf Keystone dials down production hopes in 2022
Gulf Keystone Petroleum has declared an additional dividend but warned that production will not grow as much as expected in 2022.
UAE intercepts missiles launched by Houthis
The United Arab Emirates has destroyed two ballistic missiles launched from Yemen this morning.
Heerema bags contract with McDermott for major Saudi Aramco project
Dutch firm Heerema Marine Contractors has sealed a contract with McDermott to transport and install six large jackets.
Adnoc CEO visits workers in hospital following drone strike
The chief executive of Adnoc has visited a hospital where workers injured in a rumoured terrorist attack are being treated.
Abu Dhabi tankers burn in reported drone strike
Two explosions have occurred in Abu Dhabi, close to the capital, in what is rumoured to be a terrorist attack.
“Global catastrophe” looms at Yemeni offshore oil storage site
The FSO Safer poses both a local environmental threat but also a major pitfall for shipping through the critical Red Sea and Suez Canal.
Wood hails bumper year with £425m of Middle East contracts
Aberdeen-headquartered consulting and engineering group Wood has signalled a year of “strategic growth” in the Middle East, accumulating $580million (£425m) of secured contract backlog in 2021.
McDermott lands ‘mega offshore contract’ with QatarEnergy
McDermott has won a “mega offshore contract” with QatarEnergy for the North Field East LNG project.
Valaris wins UK decom work with Centrica amid clutch of contracts
Valaris has announced a clutch of contract awards, including decommissioning work with Centrica in the UK.
ADNOC invests $1billion in 60-year-old Umm Shaif oil field
ADNOC has announced an investment of nearly $1billion to extend the life of the Umm Shaif oil field which started up 60 years ago.
Genel defeated by Qara Dagh geology
Genel Energy has halted work on the QD-2 well in Kurdistan because of “insurmountable technical problems”, the company has acknowledged.
McDermott wins offshore work for Qatari LNG project
QatarEnergy (QE) has awarded a major construction contract on its LNG expansion project to McDermott Middle East.
Rocket attack on Chinese oil firm servicing Petronas in Iraq
A rocket and gunfire attack targeted the premises of a Chinese oil services company servicing the Petronas-operated Al-Gharraf oilfield in southern Iraq. China’s Zongman Petroleum and Natural Gas Group (ZPEC) escaped damage and there were no casualties, officials said.
Iran insists on crude oil exports as Vienna nuclear talks resume
Iran has insisted that the United States and its allies should promise to allow Tehran to export its crude oil as negotiations on restoring the tattered nuclear deal resume in Vienna.
Abu Dhabi ponies up $1.8bn for Sempra stake
Abu Dhabi Investment Authority (ADIA) has struck a deal to buy a 10% stake in Sempra Infrastructure Partners for $1.875 billion in cash.
ADNOC unveils £2.7billion electrification project for huge offshore oil and gas fields
ADNOC has unveiled a £2.7billion development for electrification of giant offshore oil and gas fields off Abu Dhabi.
SFO under fire over disclosure as Unaoil conviction crumbles
The Serious Fraud Office (SFO) saw one of its Unaoil convictions thrown out earlier this month and appeals for a second are moving ahead.
Vantage sells three jack-ups to Saudi-owned ADES
Vantage Drilling International has agreed to sell three jack-up rigs to ADES Arabia, owned by Saudi Arabia’s Public Investment Fund (PIF).