NSL awareded a lifting operations contract from Saipem
NSL, ASCO Group’s global lifting and rigging specialist, has been awarded a significant contract with Italian drilling and EPCI company Saipem S.p.A. The …
Contracts & Projects
Genex’s Kidston Pumped Storage Hydro Project will feature an extended power capacity
Genex Power Limited has announced that its Kidston Pumped Storage Hydro Project has the potential to be built with an increased capacity of 450 MW. Previous …
Total is taking the final steps for Yamal LNG Project funding
French oil and gas company Total is in the final stage of negotiating the equivalent of $4 billion of financing with Russian banks to fund the Yamal LNG …
ExxonMobil started gas production from Point Thomson Project
ExxonMobil said today it has started production at its Point Thomson project, the first company-operated project on Alaska’s North Slope. Central pad …
Siemens signed a 25-year contract in Qatar
Siemens has been awarded a 25-year long-term service agreement for the planned Umm Al Houl combined cycle power plant in Qatar. The customer is Umm Al Houl …
Gazprom and Shell are discussing the future of Nord Stream 2
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Shell, took place in St. …
Wood Group signed a contract with BP in Azerbaijan
Wood Group has won a new five year contract with BP-operated projects, valued at $500 million, to deliver services to eight facilities, offshore Azerbaijan. …
Technip signed a contract extension with Petrobras
Technip has signed a four years extension of its five-year initial contract signed in January 2011 with Petrobras S.A. for its Flexible Pipes Logistic Base …
GE and Iraqi Ministry of Oil signed a partnership agreement
GE Oil & Gas has signed a first-of-its-kind partnership agreement with the Iraqi Ministry of Oil that aims to strengthen the performance of the nation’s …
Statoil enters the offshore wind energy market with a €1.2bln-worth collaboration with E.ON
The estimated total investment for the project will be in excess of €1.2bln. The Arkona wind farm will provide renewable energy for up to 400,000 households …