Skip to content

ADES makes $380M takeover bid for Shelf Drilling

A subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has signed an agreement with UAE-headquartered offshore drilling contractor Shelf Drilling to acquire the latter. The post ADES makes $380M takeover bid for Shelf Drilling appeared first on Offshore Energy.

Yinson GreenTech delivers battery system for hybrid research vessel in Middle East

Yinson GreenTech has delivered a 1.2 MWh ABS-certified marine battery system, developed in collaboration with CALB Group, for integration into a hybrid research and survey vessel for an undisclosed oil and gas company in the Middle East. The post Yinson GreenTech delivers battery system for hybrid research vessel in Middle East appeared first on Offshore Energy.

Venture Global’s LNG project gets go-ahead for export expansion

U.S.-based liquefied natural gas (LNG) export project developer Venture Global has received approval from the U.S. Department of Energy (DOE) to increase the export capacity at its project under development in Cameron Parish, Louisiana. The post Venture Global’s LNG project gets go-ahead for export expansion appeared first on Offshore Energy.