News

BP secures Noble rig for carbon storage project in the North Sea

May 29, 2025 Noble Corporation, a U.S.-based offshore drilling leader, has secured a new multi-well contract with UK energy major BP in the North Sea.

Singapore and Malaysia are considering importing offshore wind energy from Vietnam.

May 27, 2025 - Energy firms from Singapore, Malaysia, and Vietnam have entered a joint development agreement to explore cross-border renewable energy connections, with an emphasis on exporting offshore wind power from Vietnam.

Jan De Nul is progressing well on the groundbreaking $3.8 billion interconnection project in the Middle East.

May 23, 2025 - Jan De Nul has finished installing part of the cables for the pioneering HVDC submarine cable project in the Middle East and North Africa (MENA) region, which will link ADNOC’s offshore facilities to TAQA’s clean onshore power grid.

Petrodec has revealed a newly combined jack-up platform at Damen’s shipyard, marking the rebirth of two rigs into a single, integrated unit.

May 22, 2025 - Damen Shiprepair, part of Damen Shipyards Group, held a naming ceremony in Rotterdam for a new heavy-lift jack-up platform created by merging two former rigs repurposed by decommissioning specialist Petrodec.

ADNOC has obtained exclusive rights to essential technology used in completing oil and gas wells.

May 19, 2025 - ADNOC (UAE) signed a strategic deal with Tubacex for exclusive use of the Spanish company’s key tubular joint technology for oil and gas well completion.

Turkey has discovered a massive gas field in the Black Sea.

May 18, 2025 - Turkey found a 75 bcm gas field in the Black Sea. It could supply homes for ~4 years. Goal: energy independence.

ADNOC Drilling secures an $806 million contract for three next-generation drilling rigs.

May 5, 2025 - ADNOC Offshore, based in the UAE, has awarded a contract to its affiliate ADNOC Drilling for three island drilling rigs to support the growing activities at an offshore development project near Abu Dhabi.

UAE company completes refurbishment and commissioning of Rawabi Vallianz jack-up barge (JUB) 610

March 21, 2025 - Ocean Oilfield Integrated Solutions, based in Abu Dhabi, has completed the refurbishment and commissioning of Rawabi Vallianz jack-up barge (JUB) 610 at its Sharjah Hamriyah Shipyard in the UAE.

Subsea7 secures 2026 offshore work through contracts with Aramco and Shell.

December 13, 2024 - Subsea7 has won two contracts—one with Saudi Arabia’s energy leader Aramco and another with UK-based Shell—to provide subsea infrastructure in Saudi Arabia and the Gulf of Mexico.