Abu Dhabi pension fund invests in ADNOC pipeline infrastructure
The Abu Dhabi National Oil Company (ADNOC) announced that it has entered into a follow-on pipeline infrastructure investment agreement with the Abu Dhabi …
End-User Industries
McDermott awarded large offshore EPCI jackets contract by Qatargas
McDermott International announced a large (between USD $50 million and USD $250 million) contract award from Qatargas for engineering, procurement, …
TechnipFMC awarded a subsea contract for the Lapa Pre-Salt Field in Brazil
TechnipFMC has been awarded a significant (between $75 million and $250 million) contract for Lapa field by Total E&P do Brasil, on behalf of the Lapa …
Element gains approval from largest global oil supplier
Element Materials Technology (Element) has been selected as an approved supplier for Saudi Aramco, the largest petroleum and natural gas company in the world. …
Saipem awarded new offshore drilling contracts totalling over 200 million USD
Saipem has been awarded new contracts in offshore drilling in Norway and Middle East totalling over 200 million USD. One contract was signed with the German …
AtomStroyExport unveils schedule for China projects
Alexey Bannik, vice president of China projects at Russia’s AtomStroyExport (ASE), has given the schedule for new VVER-1200 units at Tianwan and Xudabao. …
Bulgaria picks Saudi firm Arkad to build Gazprom route through East Europe
Bulgaria picked a Saudi company to build a 474-kilometer (295-mile) natural gas pipeline, part of a grid upgrade designed to help transfer Russian gas from …
McDermott signs joint venture agreement with Zamil Offshore
McDermott International announced it has signed a joint venture agreement with Zamil Offshore to target the maintenance, modifications and operations (MMO) …
TechnipFMC awarded a contract for the Neptune Energy Norwegian projects
TechnipFMC has been awarded a integrated Engineering, Procurement, Construction and Installation (iEPCI) contract (between $250 million and $500 million) from …
Chevron Technology Ventures launches $90 million Fund VII
Chevron Technology Ventures (CTV) launched Fund VII, a new $90 million fund established to sustain Chevron’s continued venture capital investment across the …