McDermott awarded substantial offshore EPCI contract in the Middle East
McDermott International announced today a substantial (between USD $500 million and USD $750 million) contract award from a Middle East customer for …
Business & Management
TechnipFMC awarded subsea contract for the Equinor Johan Sverdrup Phase 2 development
TechnipFMC has been awarded a subsea contract by Equinor for the Johan Sverdrup Phase 2 development, located in the Norwegian sector of the North Sea at a …
Interventek bolsters business growth with investment in new staff and facilities
Interventek has committed investment in the region of £750,000 to support business growth in 2019 and beyond, with the addition of six staff and a new …
Vallourec to deliver OCTG for PTTEP’s Myanmar offshore project
PTTEP, Thailand’s national oil exploration & production company, has awarded Vallourec a contract to deliver over 3,000 tons of oil country tubular goods …
API signs Mou with GCC standardization organization
To establish cooperation and further its constructive working relationships in the Gulf region, the American Petroleum Institute (API) signed a Memorandum of …
Lukoil to invest in ISAB refinery to improve fuel quality
Lukoil is reportedly planning to invest more than $60m over the next 3 years in its ISAB refinery on the Italian island of Sicily, as part of its modernisation …
Saipem clears hurdle for Uganda refinery
A technical proposal developed by Saipem for a new refinery in Uganda has won formal approval from the Ugandan government, Saipem reported Wednesday. Meeting …
Petrofac awarded US$1 billion EPC project in Algeria
Petrofac has been awarded a contract worth around US$1 billion with Groupment Isarene, the joint operating group set up by Sonatrach, Petroceltic and Enel, for …
EnPro Industries announces CEO succession plan
EnPro Industries announced that Stephen E. Macadam, the company’s Chief Executive Officer and President, has informed its board of directors of his decision …
Russia and China signed contracts for the construction of Tianwan NPP and Xudabao NPP
ASE (Rosatom Engineering Division) and CNNC enterprises signed a General contract for units 7 and 8 of Tianwan NPP, as well as a contract for a technical …