Projected to commence operations in 2026, this cutting-edge plant will find its home on the grounds of Zenith Energy Terminals, benefitting from the abundant renewable energy resources provided by Zenith's Renewable Energy division.

Dutch offshore installation company, Van Oord, proudly announced a remarkable achievement for its flexible fallpipe vessel, Nordnes.

The enhanced liquidity positions Jadestone favorably as it prepares for the commencement of its Akatara gas project.

While neither Israel nor the Palestinian territories are major oil producers themselves, the Middle East region plays a pivotal role in global oil supply, accounting for nearly a third of the world's oil production.

Under the terms of the deal, Vår Energi is selling its 12.26% interest in the Brage field to Petrolia.

Located 4.35 miles (7 kilometers) northwest of the Draugen platform, Hasselmus is connected to Draugen as a subsea tie-back.

The contract encompasses the installation of approximately 75 kilometers of the two 16-inch export pipelines, along with field termination assemblies, in water depths ranging from 1,500 to 2,800 meters.

Initially planned for September 27, 2023, the sale will now take place on November 8, 2023.

This endeavor is part of Abu Dhabi National Oil Company's (ADNOC) aggressive decarbonization strategy.

The Deepsea Nordkapp, built in 2019, is a sixth-generation semi-submersible drilling rig designed for harsh environments and winter conditions. Odfjell Drilling acquired it from Samsung Heavy in April 2018.