23rd World Petroleum Congress postponed to December 2021
In light of the consequences of COVID-19 and global market volatility, the 23rd World Petroleum Congress has been postponed to December 5-9 2021, it was …
End-User Industries
KBR awarded feasibility study for high CO2 gas field development
KBR announced that it has been awarded a Master Service Agreement (MSA) and Feasibility Study by JX Nippon Oil & Gas Exploration Corporation, a leading …
Energinet announces award of Baltic Pipe LOT 3 to Corinth Pipeworks
Corinth Pipeworks has been awarded a major onshore linepipe contract by Energinet, comprising 142km of 32”, 36” and 40” SAWL and SAWH steel pipes with …
Tecnimont finalizes USD 550 million contract for a new ammonia project plant in Egypt
Maire Tecnimont announced that its subsidiary Tecnimont has finalized with Egypt Hydrocarbon Corporation (EHC) all technical and commercial conditions of the …
Trillium supplies valves into the black powder market for Saudi Arabia
Gas continues to be a key commodity in Saudi Arabia, where the majority of modern power plants run on gas produced in the oil fields. This means transporting …
Tanzania-Uganda pipeline construction planned for 2021
Work on the East Africa Crude Oil Pipeline (EACOP) is expected to begin in April following a final investment decision (FID), according to a budget speech from …
Arako delivered nuclear valves for all new blocks VVER
Rosatom, the Russian Nuclear Energy Corporation is planning to launch three new blocks with reactor VVER-1200 Generation III+ in 2020, and the Czech …
Petrofac secures UK renewals totalling USD 100m
Petrofac’s Engineering & Production Services business (EPS) has been awarded two three-year renewals in the UK, worth a combined total of more than USD …
Over USD 85bn of 2020 forecast expenditure erased from oil and gas sector
To protect balance sheets, maintain shareholder pay-outs and preserve cash, oil and gas companies have gone into survival mode, reducing forecast expenditure …
Subsea 7 awarded contract offshore UK
Subsea 7 today announced the award of a sizeable (between USD 50 million and USD 150 million) contract by Independent Oil and Gas (IOG) for the Blythe and …