Industry

ADNOC announces US$1.17bn contract to support production growth

ADNOCAbu Dhabi National Oil Company (ADNOC) announced a US$1.17bn contract for the hire of thirteen self-propelled jack up barges to drive offshore operational efficiencies and support the expansion of its crude oil production capacity to five million barrels per day (mmbpd) by 2030

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APICORP and nogaholding sign memorandum to promote ESG collaboration

Nogaholding and APICORP MoUThe Oil and Gas Holding Company (nogaholding) and the Arab Petroleum Investments Corporation have signed a memorandum of understanding to promote collaboration between the two entities

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Penspen reports US$48mn worth of new contracts in Q2 2022

Penspen Q2 financialLeading global energy services company Penspen has continued its momentum in the second quarter of this year, growing the business with the award of more than 27 new contracts totaling US$48mn across the international energy market

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McDermott awarded Qatar FEED contract

underwater pipeline reduced AdobeStock 240371719McDermott International has been awarded a Front-End Engineering Design (FEED) contract by QatarEnergy for the North Field South (NFS) Offshore Pipelines and Power/FO cables Project 

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ADNOC Drilling wins two contracts for hiring jack-up offshore rigs

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Abu Dhabi National Oil Company (ADNOC) announced that two contracts totalling more than US$3.4bn have been awarded to ADNOC Drilling to hire eight jack-up offshore rigs

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