Statoil is expanding in Brazil with a $379mln acquisition
Statoil ASA and Queiroz Galvão Exploração e Produção have signed an agreement for Statoil to acquire QGEP’s 10% interest in the BM-S-8 licence in …
Updates
Baker Hughes got a long-term LNG project in Iraq
Following extensive discussions, the Iraqi Ministry of Oil and Baker Hughes signed a contract for fast-track solutions to help the recovery of flare gas in …
Metso signed €13.9mln-worth Life Cycle Services contracts
Metso signed three new long-term maintenance contracts with major mining companies in the Pacific Rim region. Through these new Life Cycle Services contracts, …
A new heavy-duty butterfly valve by KSB
According to a company press release, the KSB Group has launched the new Aporis double-offset butterfly valve with elastomer sealing element, designed for …
Statoil awarded contracts to five energy-efficient ship owners
The award by Statoil covers seven supply vessels at a total contract value of €330 million, including options. All vessels will be equipped with hybrid …
Schlumberger got a $700mln service agreement in Nigeria
Nigerian National Petroleum Corporation, FIRST Exploration & Production and Schlumberger signed a tripartite agreement for development of the Anyala and …
Gazprom Neft started a joint venture with Repsol in Russia
According to Reuters, Russia’s oil producer Gazprom Neft said it is going to create a joint venture with Spanish energy company Repsol in Russia. Gazprom …
Saipem has been awarded $500mln-worth contracts for the second quarter 2017
Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for engineering, procurement, construction and installation activities and trunklines …
Wood Group has been awarded a multi-million engineering contract from Husky Energy
Husky Energy has awarded Wood Group a multi-million dollar contract to complete detailed engineering for the topsides of White Rose, a concrete gravity-based …
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 …