Ashtead signs global master lease agreement with Oceaneering
Ashtead Technology, an independent provider of subsea equipment rental, sales and services to the offshore industry has yesterday announced that it has secured …
End-User Industries
Eni and Lukoil sign agreement on exploration licenses offshore Mexico
Eni and Lukoil signed a farm-out agreement for the transfer of participating interests in three exploration licenses in Mexico’s shallow waters. According to …
Sonatrach awards LPG project in Algeria to Maire Tecnimont
The signing ceremony of the contract for the realization of the “LPG Train 4 – ZCINA Hassi Messaoud” project took place yesterday at Sonatrach’s …
Emerson to modernize Sonatrach gas processing plant in Algeria
Emerson, in partnership with Fores Engineering, has signed a $32 million contract with Sonatrach, Algeria’s state energy company, to modernize its gas …
Signing of Duqm refinery project US$4.61 billion multi-sourced project financing
A multi-source project financing was achieved for the Duqm Refinery Project. This is a major milestone for the 230,000 bpd refinery. The Duqm Refinery Project …
McDermott announces plan to divest storage tank business and U.S. pipe fabrication business
McDermott International yesterday announced it has completed a comprehensive strategic review of its portfolio as part of the integration process resulting …
TechnipFMC wins $1bn-plus contract for Egyptian refinery expansion
TechnipFMC has signed a Engineering, Procurement, and Construction (EPC) contract, worth more than $1 billion, by Middle East Oil Refinery (MIDOR) for the …
Solvay to increase fluorelastomer production in China and Italy
Solvay S.A. is set to increase the company’s fluoroelastomer (FKM) production to support global customers’ continuing strong demand for high performance …
McDermott to partner with Saipem on Rio Grande LNG bid
McDermott International announced that it plans to partner with the Italian oil and gas industry contractor Saipem S.p.A. to bid for NextDecade’s planned …
Eni further strengthens its presence in Algeria
The Chairman and Director General of Algeria’s state oil company Sonatrach, Abdelmoumem Ould Kaddour, the Chief Executive Officer of Eni, Claudio Descalzi, …