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Jack-up rig comes to Ocean Oilfield’s shipyard

Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has confirmed the arrival of a jack-up rig owned by Arabian Drilling, said to be the largest onshore and offshore drilling company in Saudi Arabia by fleet size, to its Hamriyah Shipyard in Sharjah, United Arab Emirates (UAE). The post Jack-up rig comes to Ocean Oilfield’s shipyard appeared first on Offshore Energy.

Transocean rig encounters gas as it spuds next well in drilling campaign offshore Australia

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has kicked off drilling activities at another well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player. The post Transocean rig encounters gas as it spuds next well in drilling campaign offshore Australia appeared first on Offshore Energy.

$11 billion investment agenda on Gazprom’s 2026 horizon

Russia’s energy giant Gazprom has received the blessing from its board of directors for its investment program and budget for next year, which is set at RUB 1.1 trillion (around $11 billion), a decrease from RUB 1.52 trillion (almost $15.22 billion) earmarked for 2025 and the spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024. The post $11 billion investment agenda on Gazprom’s 2026 horizon appeared first on Offshore Energy.

Eni going full steam ahead with drilling campaign in Gulf of Suez

As the dash for gas off the coast of Egypt continues to run unabated, the country’s Minister of Petroleum and Mineral Resources has visited the drilling site of the first well in the drilling program, Italy’s energy giant Eni is currently undertaking in the Gulf of Suez with a rig owned by Shelf Drilling, now part of ADES. The post Eni going full steam ahead with drilling campaign in Gulf of Suez appeared first on Offshore Energy.

$35 billion gas export deal good to roll

A multibillion-dollar agreement for the export of natural gas from Israel to Egypt is locked and loaded, following the green light from the Israeli government. The post $35 billion gas export deal good to roll appeared first on Offshore Energy.

BOTAŞ and Woodside seal multi-year LNG deal

Türkiye’s state-owned Boru Hatları ile Petrol Taşıma Anonim Şirketi (BOTAŞ) has signed off on a long-term liquefied natural gas (LNG) agreement with Australia’s energy giant Woodside, which is expected to further diversify the energy mix and strengthen the security of supply for Türkiye. The post BOTAŞ and Woodside seal multi-year LNG deal appeared first on Offshore Energy.