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TWMA secures three-year drilling waste management contract extension in Egypt

TWMA has secured a three-year contract extension with a major operator in Egypt, continuing its provision of drilling waste management services as offshore activity expands across the Eastern Mediterranean.  The award extends an existing three-year agreement and marks another milestone for the company, which is celebrating 20 years of operations in Egypt. TWMA said its Egypt […]

ADNOC approves $6.2-billion FID for Umm Shaif Gas Cap development offshore UAE

 ADNOC has approved a $6.2 billion (AED22.6 billion) final investment decision (FID) for the Umm Shaif Gas Cap development offshore Abu Dhabi, advancing a major natural gas project expected to deliver more than 600 MMscfd of natural gas and associated gas liquids by 2030. The project, located within the Umm Shaif and Nasr offshore concession, will be developed by ADNOC Offshore, […]

Vår Energi to acquire BlueNord, creating Europe’s largest independent oil and gas producer

Vår Energi has agreed to combine with BlueNord in a transaction that will create the largest independent oil and gas producer in Europe, expanding Vår Energi’s footprint into the Danish Continental Shelf while boosting production, reserves and cash flow. The boards of both companies have unanimously approved the transaction, which will be executed through a merger of BlueNord […]