McDermott announces plan to divest storage tank business and U.S. pipe fabrication business
McDermott International yesterday announced it has completed a comprehensive strategic review of its portfolio as part of the integration process resulting …
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TechnipFMC wins $1bn-plus contract for Egyptian refinery expansion
TechnipFMC has signed a Engineering, Procurement, and Construction (EPC) contract, worth more than $1 billion, by Middle East Oil Refinery (MIDOR) for the …
McDermott to partner with Saipem on Rio Grande LNG bid
McDermott International announced that it plans to partner with the Italian oil and gas industry contractor Saipem S.p.A. to bid for NextDecade’s planned …
Eni further strengthens its presence in Algeria
The Chairman and Director General of Algeria’s state oil company Sonatrach, Abdelmoumem Ould Kaddour, the Chief Executive Officer of Eni, Claudio Descalzi, …
AUMA management completes generation change
As of 1 August 2018, Dr. Christoph Göttlicher has joined AUMA Management as Chief Technical Officer (CTO). In his new role he is responsible for Product …
Rosneft and Pietro Fiorentini expand industrial cooperation
Rosneft and Pietro Fiorentini S.p.A in the framework of the visit of the Italian delegation to Russia agreed to extend the existing agreement on industrial …
Saudi Arabia signs business deals worth $50 billion at “Davos in the desert”
Saudi Arabia has signed agreements worth over $50 billion with global companies at an investor conference in Riyadh despite the international uproar over the …
Emerson helps refiner safely and successfully deliver megaproject
Emerson has completed a $73 million contract for automation systems and cloud engineering services, helping North West Redwater Partnership design, execute and …
TechnipFMC awarded subsea contract for ExxonMobil Liza Phase 2 Project
TechnipFMC has been awarded a contract by an affiliate of ExxonMobil Corporation for the engineering of the subsea system for the proposed Liza Phase 2 …
Uzbekistan’s first nuclear power plant breaks ground
The groundbreaking ceremony for Uzbekistan’s first nuclear power plant was held on Friday with the participation of the Russian and Uzbek leaders, taking …