Equinor and its partners invest in North Sea’s Vigdis boosting station
The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 million …
Contracts & Projects
Lukoil and KazMunayGas establish a consortium on Znenis project in the Caspian Sea
President of Lukoil Vagit Alekperov and Chairman of the Management Board of KazMunayGas Alik Aidarbayev signed agreements on joint cooperation and financing of …
South Korea: Hanwha Total Petrochemical invests in a new polypropylene plant to expand its refining & petrochemicals platform
Hanwha Total Petrochemical, a 50/50 joint venture between Total and Hanwha, will invest nearly $500 million to further expand its Daesan integrated refining …
KBR awarded ammonia plant revamp contract in India
KBR announced that it has been awarded a contract to supply proprietary equipment to Southern Petrochemical Industries Corporation India for its plant located …
Indonesia’s Pertamina to start Balikpapan upgrade in 2019
Indonesian state energy company PT Pertamina will sign an engineering, procurement and construction (EPC) contract to upgrade Balikpapan refinery in December, …
Contract for Bruce component replacement tools
SNC-Lavalin and its joint venture partner Eclipse Automation Inc have been awarded a USD25 million contract to produce tools to support Bruce Power’s …
Weir Oil & Gas signs multi-year Iraq contract
Weir Oil & Gas Dubai announced today it has signed a multi-year contract in Iraq totalling more than US$4 million with a major international oil company. …
Subsea 7 awarded frame agreement extension offshore UK
Subsea 7 announced the award of a three-year extension of an existing Diving Support Vessel initiative frame agreement, with seven North Sea clients: Chevron …
Wintershall joins Eni as partner in Adnoc’s mega project
The Abu Dhabi Government and Adnoc have added Wintershall to the Ghasha ultra-sour gas mega project with a 10 % stake. The Ghasha Concession consists of the …
McDermott awarded EPCI contract by Petrobras for rigid pipeline project associated with Rota 3 Gas Export System
McDermott International announced yesterday a large contract award (between US$50 and US$250 million, according to a company statement) by Petrobras for a …