McDermott has secured a mega engineering, procurement, construction and installation (EPCI) contract by ADNOC for work related to increasing gas recovery and production from the Umm Shaif field.The contract, valued over $1 billion, is for Package 4 of the Umm Shaif Integrated Gas Cap and Surface Pressure Boosting (SPB) Project
Bohai Phase 5 has entered full operation at the Penglai oil field offshore China, expanding production infrastructure through a project delivered by ConocoPhillips and operator CNOOC.
Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrictions, including fines, detention, or confiscation
TenneT has completed the directional drilling under the beach and part of the seabed at Maasvlakte. Nine plastic protective conduits have now been laid in the boreholes
Mermaid Maritime is expanding into the U.S. offshore energy market, establishing a wholly owned corporate presence in Delaware as part of a strategy focused initially on opportunities in the Gulf of
India's top explorer, Oil and Natural Gas Corp (ONGC), hopes to soon sign agreements with Venezuela to operate two oil blocks under the South American nation's new petroleum law
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