Amplus Energy has picked Spain’s Astican Shipyard in Las Palmas de Gran Canaria off the northwest coast of Africa to undertake the work scope related to the preparation for the redeployment of a floating production, storage, and offloading (FPSO) vesse…
39-year-old FPSO going to Las Palmas to get ready for redeployment Read More »
Israel’s Navitas Petroleum has put off a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), pushing it to the second half of the year for Phase 1 to put a financing plan in place.
The post Sea Lion run…
Sea Lion runs into setback as financing delays Falkland Islands’ $1.4B oil project Read More »
ADNOC Drilling has expanded its workload with ADNOC Offshore, a compatriot oil and gas heavyweight, by securing another multi-year drilling campaign in the Middle East, which will be undertaken by two of its jack-up rigs.
The post 15-year drilling ass…
15-year drilling assignment enables rig duo to rake in $1.15 billion Read More »
Austria-headquartered oil and gas player OMV has struck a deal with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a giant sour gas development off the coast of the United Arab Emirates (UAE).
The post Lukoil boosts its s…
Lukoil boosts its share in huge offshore sour gas project as OMV exits Read More »
As part of its efforts to wean itself off energy imports and bolster its domestic production capacity, Türkiye has sent its first-ever floating production unit (FPU) on a journey to the Black Sea, where it is expected to enable a twofold increase in ga…
WATCH: FPU heads off to Black Sea ahead of doubling Türkiye’s gas production in 2026 Read More »