Petronas’ PFLNG Satu is a ship and a LNG facility
The PFLNG Satu was named at a ceremony held by Petronas, together with its strategic partners Daewoo Shipbuilding & Marine Engineering Co. Ltd and …
Contracts & Projects
PEMEX and ENGIE will work with Emerson on Mexican gas pipelines
Mexican oil and gas giant Pemex and ENGIE, a French energy company, have selected Emerson to help upgrade and expand Mexico’s gas pipeline infrastructure. …
Argentina is studying a way to produce 1,25GW of hydroelectric power
A US$2.2 million contract has been awarded to a consortium to carry out feasibility studies of four hydropower projects with a total capacity of 1.25 GW in …
Subsea 7 and BP signed a massive IRM agreement
Subsea 7 S.A. today announced it has secured a $50-to-$100mln-worth extension to the existing contract by BP Exploration Operating Company Limited, for the …
Saint-Gobain is opening a new large-diameter-seal facility in Belgium
Saint-Gobain Seals has opened a new large diameter seal production facility at its Kontich, Belgium site in order to further improve quality and reduce …
Another oilfield discovery by Eni in Egypt
Eni successfully drilled the “Nidoco North 1X” well, in the exploration prospect of “Nooros East”, located in the Abu Madi West …
A massive grassroots gas cracker is going to be built in China
Technip announced today that it has entered into a contract to supply its proprietary ethylene technology, Process Design Package, technical services and …
GE and Statoil will fight low oil price together
GE Oil & Gas has signed a Master Service Agreement with Statoil for new subsea projects that will enable GE to continue to support the international …
Enel Green Power will invest $400mln in Peru
Enel Green Power SpA, part of the Eni SpA group, has achieved contracts for complessively 326 MW in renewable-energy-based plants in Peru. EGP has also …
Rosneft will reportedly invest $500mln in Venezuela
Russia’s top oil producer Rosneft is to invest another $500 million as it raises its stake in the Petromonagas joint venture in Venezuela’s Orinoco …