Neway awarded contract to supply offshore wind project in Northern Europe
Recently, Neway was officially awarded the contract to supply manual & actuated Ball, GGC, and Butterfly valves with stainless steel, duplex, super duplex, …
End-User Industries
Adnoc invests USD 245 million to upgrade main oil lines and Jebel Dhanna Terminal
Adnoc Onshore, a subsidiary of the Abu Dhabi National Oil Company (Adnoc), announced today, the award of two Engineering, Procurement, and Construction (EPC) …
Iran’s oil industry attracts over USD 10 billion of investment in 5 months
Over USD 10 billion of investment has been made in Iran’s oil, gas and petrochemical industries during the first 5 months of the current Iranian calendar …
Aramco shelves USD20 billion petrochemical plan after oil’s crash
Saudi Aramco is shelving multi-billion-dollar petrochemical and gas projects as the state oil giant’s determination to preserve its dividend despite a crash …
Contract award for the Snøhvit Future project
On behalf of the Snøhvit Unit partners, Equinor has awarded Aibel a front-end engineering and design contract (FEED) for modification of the Hammerfest LNG …
Neptune Energy begins installing world’s longest heated production pipeline
Neptune Energy announced installation is underway of the world’s longest heated subsea production pipeline in the Norwegian sector of the North Sea. Once …
Subsea 7 awarded contract offshore Trinidad and Tobago
Subsea 7 announced the award of a sizeable (between USD 50 million and USD 150 million) contract for work offshore Trinidad and Tobago. The contract will be …
Repsol invests in its plant in Tarragona to expand its polymer range
In 2021, Repsol will operate the first plant in the Iberian Peninsula that manufactures polymers with high resistance to impact. To produce these advanced …
Bechtel appoints Justin Siberell as president for the Europe and the Middle East region
Bechtel announced appointment of Justin Siberell as president for the Europe and the Middle East region. In his new role, Siberell will be responsible for …
McDermott awarded FEED contract for gas pipeline in Vietnam
McDermott International announced it has been awarded a contract by Delta Offshore Energy to provide front-end engineering design (FEED) services for a subsea …