The TurkStream project goes on
According to a press release by the company, Gazprom started laying the TurkStream gas pipeline in the deep-water area off the coast of Anapa. After the very …
End-User Industries
Rosneft finalised the agreement for the largest foreign investment in India
Essar will soon be completing the $13.3 billion sale of Essar Oil’s stake to Rosneft and the investment consortium led by Trafigura and UCP. Mr Igor …
The Linde Group and Sinopec signed a €145-mln joint venture agreement
Sinopec and Linde signed a €145 million joint venture to strengthen air gases supply in Ningbo industrial cluster in China, becoming the sixth consecutive …
TechnipFMC has been awarded a second iEPCI contract from Statoil
TechnipFMC has been awarded an extension to its ongoing Engineering, Procurement and Construction contract from Statoil in the Norwegian North Sea. The ongoing …
Wood Group has been awarded concept/feasibility studies by Statoil
Wood Group has been awarded two new contracts by Statoil to deliver concept and feasibility studies to Statoil’s Norwegian North Sea assets. Effective …
Exxon got a successful result for production rate close to Hides field in Papua New Guinea
After the results coming from previous explorations, in a company press release, Exxon Mobil Corporation announced positive production well test results from …
Amec Foster Wheeler and Wood Group’s shareholders voted for the merger of the two companies
Yesterday, Thursday 15, the shareholders of Wood Group and Amec Foster Wheeler overwhelmingly approved Wood Group’s recommended all-share offer for Amec …
TransCanada will invest $1.5bln in expanding its infrastructure in Canada
In an article reported by MidstreamBusiness magazine and Reuters, TransCanada Corp., Canada’s No. 2 pipeline operator, said on June 14 it would spend about …
Wood Group secured a $6mln contract with Woodside in Australia
After the declarations by TechnipFMC, Wood Group has secured a $6 million contract with Woodside to support the execution of phase two of their Greater Western …