Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market st…
IEA: Oil & gas decline rates sound the alarm over global energy security risks Read More »
ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has tightened its grip on 33 jack-up rig additions to its fleet by revising its cash merger offer to bring the UAE-based Shelf Dri…
ADES sweetens Shelf Drilling merger deal with enhanced cash offer Read More »
BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, has picked Gate Energy, a Houston-based engineering, commissioning, and field services player, to handle the commissioning scope of its semi-submersible floating produ…
BP puts Gate Energy on commissioning duty for its deepwater FPU Read More »
As countries around the world prepare for massive energy infrastructure build-out, Canada is laying the groundwork to strengthen its trade might and energy security by giving the green light for a liquefied natural gas (LNG) project, which is being dev…
Canada signals readiness to back LNG boom with go-ahead for $7.4 billion project Read More »
As America’s energy policy continues to assert dominance across the global power sector, especially in relation to the liquefied natural gas (LNG) construction boom, which is reshaping the U.S. Gulf’s energy landscape, a development in Calcasieu Parish…
$17.5 billion Louisiana LNG project surges ahead with new construction milestone Read More »