Neptune Energy has awarded certification agency Bureau Veritas a four-year contract to provide second- and third-party inspection services for the new Fenja oil and gas field development, offshore Norway.The Fenja field in the Norwegian Sea is estimated to hold 100 million barrels of oil…
Australia's Woodside Petroleum Ltd on Thursday flagged higher-than-expected investment spending for 2019 as it steps up early work on the two big natural gas developments that will drive its growth in the next decade.Australia's largest independent gas and oil producer plans to spend between $1…
Exxon Mobil subsidiary Esso Australia Pty Ltd. awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance, which comprises OneSubsea, a Schlumberger company…
With the oil and gas market heating up in Brazil, many foreign service providers are looking to set up shop in Brazil with an eye on new opportunities.Although the South American country's main attraction will continue to be exploration and production (E&P) in post-salt and pre-salt acreage…
Austria's OMV and partners plan to invest up to $6 billion initially to develop the Arctic Wisting oil find, Norway's northernmost oil discovery, which could start production within a decade, a senior executive said on Wednesday.OMV owns a 25…
Australian independent oil and gas company Woodside said Wednesday it has awarded four contracts for front-end engineering design (FEED) activities for the proposed US$11 billion Scarborough Project offshore Western Australia.Each contract was…
L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro Limited (L&T), said that it has, in consortium with Subsea 7, has bagged two projects from the world's largest oil company Saudi Aramco.The company which serves the Oil and Gas sector around the world…
Oilfield services provider Petrofac and its partner Serikandi Oilfield and Services Sdn Bhd, have secured a multi-annual Engineering Design Services contract to support Brunei Shell Petroleum (BSP) and Brunei LNG (BLNG) in Brunei.Petrofac and…
Oil services group TechnipFMC said on Thursday Doug Pferdehirt would replace Thierry Pilenko as its executive chairman, following Pilenko's imminent retirement.Pilenko was one of the key directors behind the 2016 merger between French company Technip and U…
TechnipFMC announced Wednesday it has been awarded an engineering, procurement, construction and installation (EPCI) contract by BP for the Atlantis phase 3 project in the Gulf of Mexico.TechnipFMC did not specify the exact value of the contract…
Nakilat-Keppel Offshore & Marine (N-KOM) held a steel cutting ceremony for a new offshore accommodation platform under construction at the Erhama bin Jaber Al Jalahma Shipyard in Qatar.Chief Executive Officer of Nakilat, Eng. Abdullah Al Sulaiti…
Well construction specialist DeltaTek Global announced Wednesday it has been awarded a contract from Energean Oil and Gas to support well construction at the Karish deepwater project offshore Israel.DeltaTek said it will provide optimization…
Royal Boskalis Westminster N.V. (Boskalis) announced Tuesday it has signed a multi-year subsea services agreement for an unnamed customer in the Middle East. The base value of the three-year contract amounts to $40 million with an option to extend…
TechnipFMC, in consortium with Malaysia Marine and Heavy Engineering Sdn Bhd (MHB), has signed a long-term offshore agreement with Saudi Aramco.The six-year agreement covers engineering, procurement, fabrication, transportation and installation…
Malaysian services company Sapura Energy Berhad announced Monday it has secured RM760 million ($184.6 million) in contract wins for its drilling and engineering & construction businesses. The latest achievements have lifted the value of contract wins to RM9…
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