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. …
End-User Industries
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. …
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 …
ABB and Aker Solutions will make subsea compression together
ABB and Aker Solutions announced today an agreement to build on their combined strengths in subsea, power and automation technologies to develop solutions that …
Two new contracts for Wood Group in the North Sea
Wood Group has recently announced, in two separate statements, the sign of two distinct contracts in the North Sea. The first one, worth $150mln, is a five …
Technip awarded a contract with S-Oil
Technip was awarded a contract by Daelim Industrial Company, a project contractor, to provide proprietary equipment for the world’s first commercial High …
Siemens on its way to develop 500MW of energy distribution in Indonesia
In connection with Indonesian President Joko Widodo’s visit to Germany, Siemens has signed today two Memorandums of Understanding (MoU) with the state …
Statoil presented a new subsea drilling concept
During the last decade subsea costs have increased significantly and the industry needs to move from tailor-made solutions to more industry standards. At the …
Eni is going to invest €20bln in Africa in the next four years
Italy’s Eni plans to invest about 20 billion euros ($22.5 billion) in Africa over the next fours, mostly in oil and gas, the company’s Chief …
Exxon started oil production from Julia field
Oil production has started under budget and ahead of schedule at the Julia oil field in the Gulf of Mexico, Exxon Mobil Corporation said today. The first …