PTT Exploration and Production (PTTEP), Thailand’s national energy company, is gearing towards the development of future energy together with five world-renowned companies in a large-scale green hydrogen project in the Sultanate of Oman
Saipem has announced that it has received two new offshore drilling contracts worth around US$550mn
ADNOC Drilling confirmed the award of five 10-year contracts, totalling approximately US$2bn, in support of ADNOC Offshore’s growing drilling operations
Iraq’s Oil Ministry is launching the sixth bid round, offering 11 gas blocks
Rig utilisation has returned to pre-COVID levels, driving rates up 40% in the past year as demand is forecast to increase another 20% from 2024-2025, according to a recent report from Wood Mackenzie
