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Middle East conflict halts more offshore drilling ops as another rig owner confirms temporary suspensions

Arabian Drilling, said to be Saudi Arabia’s largest onshore and offshore drilling company by fleet size, has revealed temporary suspensions for some offshore rigs in the Arabian Gulf, as its land fleet remains unaffected by the ongoing conflict in the Middle East. The post Middle East conflict halts more offshore drilling ops as another rig owner confirms temporary suspensions appeared first on Offshore Energy.

UK spotlights British steel, AI, shipbuilding, and energy infrastructure as priority for govt deals

The United Kingdom (UK) has made a move to designate British shipbuilding, steel, artificial intelligence (AI), and energy infrastructure as priority sectors for government contracts, as these are perceived to be key industries required to ensure national security. The post UK spotlights British steel, AI, shipbuilding, and energy infrastructure as priority for govt deals appeared first on Offshore Energy.

Another Japanese firm invests millions into EIG’s LNG business

Tokyo Stock Exchange-listed Shizuoka Gas has decided to widen its liquefied natural gas (LNG) footprint with an investment in MidOcean Energy, an LNG player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG). The post Another Japanese firm invests millions into EIG’s LNG business appeared first on Offshore Energy.

Kawasaki and JFE Engineering pick up work on Japanese LNG project

A joint venture, formed by Tokyo-headquartered Kawasaki Heavy Industries and JFE Engineering, has landed a new job at a liquefied natural gas (LNG) terminal in Sakaide, Kagawa Prefecture, Japan. The post Kawasaki and JFE Engineering pick up work on Japanese LNG project appeared first on Offshore Energy.

New Asian block expands UAE oil & gas player’s Andaman Sea footprint

UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has enlarged its presence in the Andaman Sea with a new exploration block off the coast of Indonesia, Southeast Asia. The post New Asian block expands UAE oil & gas player’s Andaman Sea footprint appeared first on Offshore Energy.

CoolCo’s nine LNG vessels sport revamped propulsion drives

Switzerland-based electrification and automation technology provider ABB has upgraded propulsion systems across a fleet of liquefied natural gas (LNG) carriers (LNGCs) owned and operated by Cool Company (CoolCo).   The post CoolCo’s nine LNG vessels sport revamped propulsion drives appeared first on Offshore Energy.