Turkish Stream gas pipeline officially launched in grand ceremony
A grand opening ceremony for the TurkStream gas pipeline took place on January 8. Attending the event were Vladimir Putin, President of Russian, Recep Erdogan, …
Contracts & Projects
Samsung and Téchnicas Reunidas win $3.7 bln Algeria refinery project
South Korea’s Samsung Engineering and Spain’s Técnicas Reunidas joint venture won a US$3.7 billion contract for the Sonatrach Hassi Messaoud (HMD) …
Petrofac secures US$130 million in PDO awards
Petrofac announced a new contract and the award of an additional scope of work with Petroleum Development Oman (PDO), with a combined value of approximately …
Eni, Nigeria LNG Expansion Project launched
Eni and its partners in Nigeria LNG (NLNG) have taken the final investment decision (FID) for the expansion project of the liquefied natural gas (LNG) plant. …
McDermott awarded technology contract in Serbia
McDermott International announced that it has been awarded a technology contract by Naftna Industrija Srbije (NIS) for the modernization of its existing Fluid …
Subsea 7 awarded contract offshore China
Subsea 7 today announced the award of a sizeable(between USD 50 million and USD 150 million) contract by Offshore Oil Engineering Co. (COOEC), for CNOOC’s …
New multi-billion agreements for safety and automation systems
A new compensation format will help improve efficiency as Equinor awards new framework agreements for safety and automation systems with five suppliers. The …
Socar Petrofac JV (SPC) secures project management services contract with BP
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (Socar), has secured a Project Management Services contract to …
Messer invests in Hungary to consolidate its market position
In the past three years, Messer, the largest family-run industrial gases specialist worldwide, has invested 37.4 million euros in the expansion of its …
Petrofac secures North Sea engineering frameworks
Petrofac has secured two new Framework Agreements (FAs) for the provision of engineering, procurement, construction and commissioning (EPCC) services. The …