Procurement News


Stork Worley JV Wins Neptune Energy Gig

Jan 23, 2020

Stork Worley Integrated Solutions, a joint venture of American multinational engineering and construction firm Fluor Corporation, has secured a four-year framework agreement for EPCIC (engineering, procurement, construction, installation & commissioning)…

MMHE Wins 2 Offshore Jobs in Malaysia

Dec 02, 2019

Malaysia Marine and Heavy Engineering (MMH) has secured a contract from Petronas Carigali Sdn Bhd for the Bekok oil project and another from Hess Exploration and Production Malaysia B.V. MMHE has won a contract from Petronas Carigali to undertake the provision of engineering…

Aramco Signs 34 EPC Contracts Worth $18bn

Nov 06, 2019

Saudi Aramco has signed 34 engineering, procurement and construction (EPC) related contracts (worth over US$18bn) for projects such as the Marjan and Berri field incremental development program in Saudi Arabia, during Q3 2019, according to GlobalData…

Jan De Nul On Track with Formosa 2

Nov 01, 2019

Following the award of the Engineering, Procurement, Construction and Installation (EPCI) of the foundations and subsea cables for the Formosa 2 Offshore Wind Farm (OWF) in May 2019, Jan De Nul Group is on track with all project preparations…

Jan De Nul Completes Formosa 1 Phase 2

Oct 30, 2019

Jan De Nul Group has finished installing foundations, power cables and scour protection on the 120MW second phase of the Formosa 1 offshore wind farm off the coast of Taiwan.According to the company that provides services related to maritime…

Schlumberger, WesternGeco to Provide E&P Data

Sep 16, 2019

WesternGeco, the seismic and geophysical data solutions division of Schlumberger, has entered a strategic collaboration with IHS Markit, a global provider of information, analytics, and solutions.The collaboration will bring together data, technology…

Offshore: New Project Pace Quickens

Jun 12, 2019

As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects.However, haste can lead to less certainty of what the ultimate cost of any given project will be…

QP Issues Tender for LNG Facilities

May 08, 2019

Qatar Petroleum (QP) invites tender for Engineering, Procurement and Construction (EPC) to expand its common lean liquefied natural gas (LNG) storage, and the loading and export facilities for its North Field Expansion (NFE) Project aimed to…

Telford Wins Protexa EPCI Contracts

Mar 27, 2019

International offshore services provider Telford Offshore has been awarded multiple pipelaying and construction services contracts by Mexican company Protexa, which is chartering three of its DP3 multi-purpose vessels for a combined period of approximately 400 days…

McDermott Wins Middle East EPCI Contract

Mar 22, 2019

McDermott International announced Thursday it has secured a contract from an unidentified Middle East customer for engineering, procurement, construction and installation (EPCI) services for new facilities and brownfield works project in the Arabian Gulf…

McDermott Wins Offshore S. Arabia Contracts

Feb 25, 2019

McDermott International was awarded two contracts from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan field, offshore Saudi Arabia.The contract includes the design, procurement, fabrication…

Exploration Comes-back with a Bang

Feb 20, 2019

After years of budget cuts, oil and gas companies are finally stepping up their exploration game. Several wildcat wells planned for 2019 have the potential to be “elephant” finds, according to Rystad Energy.The energy research and business intelligence…

Wood Wins Equinor EPCI Contract

Feb 20, 2019

UK-based offshore engineering specialist Wood has received a contract from Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project.The $13m…

L&T Consortium Wins EPCI Order from Saudi Aramco

Jan 15, 2019

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…

Subsea 7 Bags BP Gulf of Mexico Deal

Dec 24, 2018

The  seabed-to-surface engineering, construction and services contractor Subsea 7 has announced the award of a sizeable SURF (subsea umbilicals, risers and flowlines) contract by BP for the Manuel project in the US Gulf of Mexico.Project execution…

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