Hydrogen is increasingly seen as an important fuel as energy producers consider the energy transition
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Chevron swings to profit after three consecutive quarterly losses
The company was able to increase its dividend on a return to profit
Cheniere Energy’s Q1 earnings show promising growth in LNG sector
The shifting market landscape has had a heavy impact on the LNG market worldwide
Fire contained at Iran’s Phase 11 drilling rig
No casualties were reported and the drilling rig is under safe conditions
Mammoet wins subcontract for Saudi Aramco gas storage project
The main EPC contractor Samsung Engineering has awarded Mammoet a project for port handling and customs clearance activities along with facilitating the transport phase
Global Offshore to invest in Dubai operations hub as it rebrands to Enelift
Enelift is set to invest up to a seven-figure sum into its operations and establish new support hubs in Houston, Dubai, Singapore, Perth and the Caspian over the next six months
Lloyd’s Register subsurface software to maximise production from mature wells
The suite of modules and updates to its subsurface software packages will help operators make the most of maturing wells by improve insight
ADNOC standardizes tendering process to drive efficiency
ADNOC’s pre-qualified bidders are now subject to the same terms and conditions in competitive tendering
The reality of using carbon capture to reach net zero targets
While carbon capture will be critical to decarbonisation, much work remains to be done
Oman’s OQ sells assets to achieve funding self-sufficiency
Oman’s state-owned oil company is tapping the international bond market for the first time