Offshore oil and gas engineering and construction company McDermott has broken ground on the new fabrication facility in Saudi Arabia in which it will build offshore and onshore oil and gas platforms and modules.The company is building the fabrication…
Norwegian seismic data provider TGS has said it has completed the acquisition of its latest 3D survey offshore Senegal, SN-UDO-19. This latest stand-alone survey is located in northern Senegal and follows a further recently completed survey…
State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, making it the world's biggest flotation by raising more than Alibaba's $25 billion listing in 2014.Here are key events in the Saudi state oil giant's planned stock market debut…
CGG's equipment business Sercel has launched GPR, a new ocean bottom node (OBN) jointly developed in partnership with BGP and designed to leverage Sercel’s QuietSeis broadband digital sensor technology for reservoir characterization and field development efforts…
National Energy Services Reunited (NESR), a provider of integrated energy services in the Middle East and North Africa (MENA) and Asia Pacific regions, has been awarded contracts worth US$660 million by Saudi Aramco for coiled tubing, stimulation and cementing services for a five year period…
Italian services company Saipem said it will design and built a 500 megawatt (MW) floating offshore wind farm in Saudi Arabia under a memorandum of understanding and exclusive agreement with Abu Dhabi based renewables solutions firm Plambeck Emirates…
Aberdeen-based equipment and integrated engineering services company Sparrows Group said it has bolstered its position in Saudi Arabia after securing vendor approval status from national oil company Saudi Aramco.The approval allows recently formed local entity…
China's Sinopec Group on Thursday said its Sinopec Engineering Incorporation subsidiary had signed a contract to work on two pipeline projects at Saudi Aramco's Marjan oilfield in Saudi Arabia.That comes as Aramco awarded $18 billion in contracts to boost capacity at Marjan and its Berri oilfield…
U.S. President Donald Trump and the Saudi government have closely aligned views on most issues but they disagree significantly on the desirable level for oil prices, which could become a source of volatility in 2019/2020.In keeping with his iconoclastic approach to governing…
Offshore engineering and services company Subsea 7 revealed it has been awarded two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia.The engineering, procurement, construction and installation (EPCI)…
Searcher Seismic, in cooperation with BGP, has completed the acquisition of the Triok broadband non-exclusive 2D seismic survey in the Northern Basins of Papua New Guinea.Following the acquisition of the Solomon Sea non-exclusive 2D in the northern basins of Papua New Guinea…
The global seismic survey provider Spectrum, in cooperation with BGP, has started a 20,000-km (12,427-mi) 2D survey in the Colorado and Salado basin offshore Argentina.The 2D seismic survey launched to acquire data for future licensing rounds off South American country…
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced that its wholly owned subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), in consortium with TechnipFMC, has signed a long‐term agreement with Saudi Aramco.This…
U.S. President Donald Trump on Wednesday praised Saudi Arabia over recent oil prices and called for prices to go even lower, likening it to 'a big tax cut' that could boost the U.S. and global economies.'Oil prices getting lower. Great! Like a big Tax Cut for America and the World…
Island nation Madagascar puts 44 blocks in the Morondava Basin up for grabs, detailing exploration and exploitation periods under production sharing contracts.In the framework of the development of Madagascar's oil and gas potential, the Malagasy…
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