ADES Holding wins $229m offshore drilling contracts in Nigeria and UK
Saudi Arabia-based oil and gas drilling services provider ADES Holding has secured two offshore drilling contracts totalling around SR858.3m ($229.1m) …
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The Middle East to lead global methanol capacity additions by 2030
The Middle East is poised to dominate global methanol capacity additions by 2030, driven primarily by its access to abundant …
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Oil prices rise as US-Iran hostilities threaten major shipping routes
Oil prices rose slightly on Friday following increased military action between the US and Iran in the Gulf region, with …
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Halliburton wins multi-year LSTK onshore contracts from Aramco
Halliburton has secured multi-year lump sum turnkey (LSTK) contracts from Aramco for work across several onshore fields in Saudi Arabia. The …
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Baker Hughes wraps up $13.6bn Chart Industries acquisition
Baker Hughes has completed its $13.6bn acquisition of Chart Industries, expanding its industrial portfolio and establishing Chart as its third …
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CB&I wins EnQuest contract extension for Kittiwake duty holder role
CB&I’s Asset Solutions business has been awarded a contract extension by EnQuest to continue as duty holder for the Kittiwake …
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Oil prices fall but remain near one-month highs amid Gulf tensions
Oil prices edged lower on Thursday 16 July as market participants assessed growing tensions between the US and Iran, and …
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Delfin issues LNTP to Siemens Energy for FLNG2 vessel
Delfin Midstream has issued a limited notice to proceed (LNTP) to Siemens Energy for the purchase of several major components …
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Halliburton wins unconventional gas project contract from Aramco
Halliburton has secured a multi-year contract from Aramco to provide integrated stimulation and completion services for unconventional gas development in …
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Shell moves ahead with tender for Dragon offshore gas project
Shell is advancing preparations for drilling at the Dragon offshore gas field in eastern Venezuela, with tendering now under way …
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Automation and AI in biofuel refining: Q&A with Honeywell
Biofuel demand is growing, driven by decarbonisation strategies across hard-to-abate sectors. However, scaling up production presents challenges; feedstock variations are …
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Oil prices climb 2% as Middle East hostilities escalate
Oil prices increased by approximately 2% on Wednesday 15 July as rising hostilities between the US and Iran heightened concerns …
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Sunda Energy applies for offshore Taranaki Basin exploration permit
UK-listed Sunda Energy has submitted an application for a petroleum exploration permit (PEP) covering approximately 645km² in the offshore region …
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LNG Canada offers equity option to First Nations for phase two tank
LNG Canada and its joint venture (JV) participants have agreed an equity option with MNT Investments that could allow a …
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Greenfire to acquire Canadian oil sands producer Connacher for $900m
Greenfire Resources has agreed to acquire Canada-based Connacher Oil and Gas in an all-cash transaction valued at approximately C$1.27bn ($900.4m). Connacher …
