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First AI-powered walking island rig enters ADNOC Drilling’s fleet months ahead of schedule

Abu Dhabi-headquartered ADNOC Drilling, one of the Middle East’s drilling and integrated drilling services (IDS) providers, has taken delivery of its first automated walking island rig running on artificial intelligence (AI) technologies, accelerating autonomous offshore operations in the United Arab Emirates (UAE). The post First AI-powered walking island rig enters ADNOC Drilling’s fleet months ahead of schedule appeared first on Offshore Energy.

Perenco pens gas deal for Southeast Asian offshore project

Perenco Vietnam, part of Anglo-French oil and gas player Perenco, has inked a gas sales and purchase agreement (GSPA) for a project off the coast of Vietnam, Southeast Asia. The post Perenco pens gas deal for Southeast Asian offshore project appeared first on Offshore Energy.

BP, ONGC upping the production ante in ‘most prolific’ oil & gas region offshore India

UK-headquartered energy giant BP has joined forces with India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) to bolster hydrocarbon output in the Western Offshore Basin (Arabian Sea), seen as India’s “most prolific” offshore hydrocarbon region. The post BP, ONGC upping the production ante in ‘most prolific’ oil & gas region offshore India appeared first on Offshore Energy.

Investigation into tragic incident ongoing: 13 dead, 66 injured in explosion and fire at QatarEnergy’s gas asset

Qatar’s state-owned oil and gas giant QatarEnergy has confirmed the launch of a probe into an explosion and fire incident that occurred at its liquefied natural gas (LNG) production and export hub, in which multiple workers lost their lives and sustained injuries. The post Investigation into tragic incident ongoing: 13 dead, 66 injured in explosion and fire at QatarEnergy’s gas asset appeared first on Offshore Energy.

Saipem exits Saudi Arabian shallow-water drilling playground with sale of jack-up rig fleet to ADES

Italy’s engineering, drilling, and construction services giant Saipem is divesting its shareholding in Saudi Arabian Saipem (SAS) to close its shallow water drilling chapter in Saudi Arabia, as it continues its shift to deepwater plays. This move enables ADES Holding Company, part of Saudi Arabia-headquartered ADES Group, to bring the Italian giant’s affected jack-up rigs into its fold, enlarging its rig fleet. The post Saipem exits Saudi Arabian shallow-water drilling playground with sale of jack-up rig fleet to ADES appeared first on Offshore Energy.

Petrobras and Pemex shake hands to explore partnership in oil & gas sphere

Brazil’s state-owned energy giant Petrobras has signed on the dotted line to look into establishing a collaboration with Mexico’s state-owned petroleum heavyweight Petróleos Mexicanos (Pemex) in the hydrocarbon realm. The post Petrobras and Pemex shake hands to explore partnership in oil & gas sphere appeared first on Offshore Energy.

Yinson Production’s Southeast Asia-bound FSO gets its name

Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has held a naming ceremony for a floating storage and offloading (FSO) unit slated for deployment at an oil field off the coast of Vietnam, Southeast Asia. The post Yinson Production’s Southeast Asia-bound FSO gets its name appeared first on Offshore Energy.