Browsing Tag
Arabian Gulf
7 posts
Project Peregrine: Kuwait Petroleum seals $16bn pipeline pact with Blackstone, Brookfield, KKR
Kuwait's $16 billion Project Peregrine hands Blackstone, Brookfield and KKR a 49% stake and ties their return to a 2035 target of 4 million barrels a day.
UK and France split from US over Iran blockade as Brent crude surges past $102 and April 22 ceasefire deadline looms
The US naval blockade of Iranian ports took effect April 13 as oil hit $102, Iran threatened Gulf ports, and the UK and France launched a rival navigation plan.
Blockade goes live: CENTCOM targets Iranian ports from April 13 as UK and Australia refuse to join
CENTCOM launches a blockade of Iranian ports on April 13 as the UK declines to join, Iran threatens force, and the DOJ warns of oil sanctions prosecutions.
The M48 USV begins production: Can Magnet Defense convert 40,000 nautical miles of sea trials into a Navy contract?
Magnet Defense begins M48 USV production targeting Q2 2027 delivery. Analysing what 17,000nm range and 40,000nm of sea trials mean for Navy contracts. Read more.
Seadrill bags contract extensions for AOD I, AOD III, and West Callisto
Seadrill Limited said that it has secured contract extensions worth around $361 million for the AOD I, the…
Shelf Drilling bags contract extension for Achiever jack-up rig
Shelf Drilling said that it has bagged a contract extension for the Shelf Drilling Achiever jack-up rig in…
Shelf Drilling secures three-year contract extension for High Island V jack-up rig in Arabian Gulf
Shelf Drilling has secured a three-year extension for its High Island V jack-up rig in the Arabian Gulf, keeping it contracted through May 2025.