Petrofac, Saipem and Samsung consortium awarded refinery project in Thailand
Petrofac, the international oil and gas services provider, leading a consortium with Saipem S.p.A. (Saipem) and Samsung Engineering Co Ltd (Samsung), has …
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TAP launches offshore construction works in Albania
On 19 October 2018, the Trans Adriatic Pipeline (TAP) marked the start of construction works for the 105km offshore pipeline section. The physical offshore …
Shell agrees to sell upstream interests in Denmark to Noreco for $1.9 billion
Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company …
McDermott awarded EPC contract for delayed coker unit for Lukoil refinery
McDermott International announced it has been awarded a contract by Lukoil NizhegorodNefteorgSyntez, a subsidiary of JSC Lukoil, for the engineering, …
The Carlyle Group acquires EnerMech
EnerMech Group Ltd has been acquired from Lime Rock Partners by global alternative asset manager The Carlyle Group for an undisclosed sum. The transaction is …
Saudi Aramco, BAPCO meet Bahrain’s growing energy demand
Saudi Aramco and the Bahrain Petroleum Company (BAPCO) today announced the successful commissioning of AB-4 pipeline, a new phase of the strategic Saudi …
Eni, BP and NOC sign deal to resume Libyan exploration
National Oil Corporation (NOC) Chairman, Mustafa Sanalla, BP Group Chief Executive, Bob Dudley, and Eni CEO, Claudio Descalzi, signed a Letter of Intent (LOI) …
Baker Hughes acquires 5 pct of ADNOC Drilling for $550 million
Baker Hughes, the world’s second-largest oil services company, will take a 5 percent stake in Abu Dhabi National Oil Company’s (ADNOC) drilling unit for …
Chart targets Italy, India and European markets
Chart Industries, Inc. is aiming to expand its cryogenic business to Italy, India and the Middle East after its acquisition of VRV s.p.a. As part of a …
Gazprom and OMV sign Basic Agreement on Asset Sale
Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, yesterday signed in St. Petersburg a …