Rigzone Industry News

Surging European LNG demand is hitting Asian buyers hard and only a few can compete to secure spot cargoes at this year's prices.

Under the MOU, both parties will leverage their expertise and existing natural gas and oil industry standards to develop a safety management systems standard for offshore wind operations and assets.

ADNOC Refining is set to complete the first phase of its Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi.

While the summer demand bump was modest, so too was the late-August decline.

ADNOC has awarded a $548 million contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi.

Aquarius Global has launched a new mobile safety training system lifting the bar for offshore safety training.

ADES is continuing with its rig-buying spree with the acquisition of seven jack-up rigs from Seadrill Limited.

ADNOC continues pouring down billions in contracts in an attempt to expand its production capacity.

Europe's efforts to cut off Russian gas have left the region searching for ways to plug the gap. That increased LNG prices in Europe and turned the global market on its head.

ADNOC Drilling has signed a sale and purchase agreement to acquire an additional two premium offshore jack-up drilling rigs.