Gulf Marine announces deployment of cantilever workover system
UAE-based support vessels provider Gulf Marine Services (GMS) has announced the completion of the first...
ADNOC adds China’s CNOOC as new partner in two offshore concessions
UAE’s Abu Dhabi National Oil Company (ADNOC) has announced the transfer of ownership rights in...
Fugro completes phase one of Qatargas’ North Field site investigation
Dutch global geological survey firm Fugro has announced the completion of the first phase of...
Consortium to buy 49% stake in ADNOC Gas Pipelines Assets
UAE’s Abu Dhabi National Oil Company (ADNOC) has reached a $20.7bn gas infrastructure deal with...
Polarcus restructures organisation with 20% of workforce reduction
Offshore seismic services provider Polarcus has announced that it is taking further actions to streamline...
ADNOC cancels $1.5bn deal with Petrofac for Dalma gas field
Petrofac has announced the cancellation of two contracts with the Abu Dhabi National Oil Company...
Petrofac to resize UAE workforce for cost savings
UK-based energy industry contractor Petrofac has announced to staff in the UAE its decision to...
Oil crashes about 30% as Saudi Arabia cuts prices
Oil has plunged nearly 30% as Saudi Arabia cut its official selling price (OSP) after...