Orseal extend their FPSO portfolio with major contract gains in Brazil
Floating production, storage and offloading (FPSO) systems are showing sustained global growth with more than 30 FPSO projects set to pass final investment …
End-User Industries
Weatherford signs its largest-ever contract for deep-set safety valves
Weatherford International has announced its largest-ever contract for deep-set safety valves. Under terms of a deal with Brazilian-based multinational …
Valvitalia Group recognized by Bechtel as top supplier
Valvitalia Group, the Italian manufacturer of valves and other equipment intended for the Energy, Marine and Civil industries, was recognized as a top supplier …
Gazprom and Linde to establish joint engineering venture
Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, Christian Bruch, Executive Vice President and CEO of Linde Engineering, and John van …
Saipem signs pioneering contract to deliver Hydrone-based technology to Equinor
Saipem has signed a subsea service contract with Equinor, worth approximately 40 million Euro, which entails the use of Saipem’s Underwater Intervention …
Kazakhstan considers $1 billion gas plant with Kashagan partners
Kazakhstan and a consortium of oil majors developing the giant Kashagan oil and gas field are considering building a $1 billion gas processing plant nearby, …
Subsea 7 awarded contracts offshore Azerbaijan
Subsea 7 announced yesterday the award of two contracts, together representing a sizeable(between USD 50 million and USD 150 million) contract award, by BP …
McDermott wins contract to develop Shwe Phase 3 gas field
US engineering contractor McDermott International has won a front-end engineering design (FEED) contract from Posco International for the development of the …
Chevron’s delegation in Algiers to examine partnership opportunities with Sonatrach
Chevron Corp is meeting Algeria’s state-owned Sonatrach to discuss possible partnerships, Sonatrach said on Wednesday, without giving further details. …
TechnipFMC, DNV GL to set benchmark for digital twins
TechnipFMC and DNV GL have entered into a partnership to develop the oil and gas industry’s first methodology for qualifying the integrity of digital twin …