McDermott Awarded Subsea Contract for Cronos Development in Cyprus
McDermott has been awarded a substantial subsea contract (estimated between $500 million and USD $750 million) by Eni Cyprus for the Cronos gas field …
Contracts & Projects
Eni signs a strategic contract in Venezuela and becomes the operator of the massive Junin-5 field
A key move on the global energy supply map and a crucial piece in the Latin American geopolitical chess game. Eni has signed a strategic agreement in Caracas …
Venezuela: Chevron secures new oil fields, production set to double
The US oil group Chevron has announced that it has secured new oil fields in the Orinoco mining region of Venezuela and expects to more than double production …
Velan supports Fuel Production at Preem’s Lysekil Refinery
Velan recently shipped a major valve package for the Hydrothermal Cleanup Unit (HCU) project at Preem’s Lysekil refinery in Sweden, one of Northern …
KPC Secures $725 Million Crude Storage Deal to Back Kenya’s Oil Export Plans
Kenya Pipeline Company (KPC) has signed a long-term agreement worth an estimated US $725 million (roughly KSh93.68 billion) to store and handle crude oil for …
MAIRE Secures €110M Gas and LNG Contracts
MAIRE has secured new awards and additional work worth approximately €110 million through its Integrated E&C Solutions (IE&CS) business unit, …
SLB to Support Offshore Production Restoration for Brunei Shell Petroleum
Global energy technology company SLB announced on August 18th it has been awarded a contract by Brunei Shell Petroleum (BSP) to support production restoration …
ExxonMobil Awards Contracts for Rovuma LNG Project
ExxonMobil Moçambique, Limitada, on behalf of the Area 4 co-venturers, (ENH, CNPC, ENI, KOGAS and XRG), has awarded approximately US$1.1 billion in …
AMPO Arabia signs largest single order in its history with C.A.T. Group for Aramco’s Zuluf development project
AMPO POYAM VALVES is proud to announce the signing of its AMPO Arabia manufacturing plant’s largest single order to date, under which the company will …
Saipem completes a key milestone for offshore Neptun Deep project
Saipem has successfully completed the offshore installation campaign for the production platform of the Neptun Deep Gas Development project in Romanian waters …