BP signed an agreement with Angola aimed at acquiring oil further exploration rights, state news agency Angop reported, the latest in a flurry of agreements between oil majors and Africa's second-biggest exporter.The deal with the country's…
Petrobras reports that its Executive Board and Board of Directors have approved the final terms of an agreement with Sete Brasil subject to the fulfillment of precedent conditions.The Agreement preserves the terms previously announced: (i) maintenance…
Oilfield services firm Schlumberger announced its commitment to setting a science-based target to reduce its greenhouse gas (GHG) emissions, in line with the goals of the Paris Agreement to reduce climate change.Schlumberger has submitted its…
A new compensation format will help improve efficiency asEquinor said it has awarded framework agreements to five suppliers to provide safety and automation systems for the company’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway…
Siemens said it has signed a five-year frame agreement with BP to support the UK supermajor as one of its main electrical contractors for future onshore and offshore upstream projects globally.The deal allows BP access to Siemens technology…
Oil company Aker BP has awarded Norwegian testing, cleaning and inspection service provider IKM Testing a frame agreement that includes most of IKM Testing’s core services. The duration of the frame agreement is six years plus an option period…
Solstad Offshore announced Wednesday that Norwegian operator Aker BP has taken a pair of large platform supply vessels (PSV) on 12-month charter under a frame agreement announced earlier this month.The 2011-built Normand Arctic and 2013-built…
Aker BP ASA announced it has awarded frame agreements with three suppliers for the provision of platform supply vessels (PSV), in a move that aims to reorganize the value chain.The three suppliers Simon Møkster Shipping AS, Eidesvik Offshore…
Swire Seabed announced it has secured a framework agreement with Wintershall Norge AS for the provision of marine subsea services (MSS) in the North Sea.The agreement will commence this year and has a duration of three years plus four yearly options…
Canada-headquartered engineering group SNC-Lavalin, which recently acquired engineering house Atkins, has signed a framework agreement with Shell to provide pre-feasibility and feasibility studies for modular options on Shell's projects. SNC…
Norwegian oil major Statoil has awarded three new subsea maintenance framework agreements, extending to 2023, to Aker Solutions, TechnipFMC and OneSubsea, with a total estimated value of more than US$970 million (NOK8 billion). In addition…
AGR is set to deliver drilling, completions, well site and well engineering services to Australian oil and gas company Woodside Energy, as a result of signing a four-year Outline Agreement with the opportunity to perform services. Andy Perchard…
SeaBird Exploration signed an option agreement with TGS Nopec to provide up to 600 vessel days of seismic services. The deal offers TGS access to one or more SeaBird vessels to perform seismic services on a global basis. Call-off…
Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce covering 74 offshore vessels. This is the first agreement the two Siem-owned companies have signed with the same service provider. Under the agreement…
French cable firm Nexans has signed a five-year global framework agreement with BP covering the engineering, procurement and construction of umbilical and direct electrical heating (DEH) systems and ancillary equipment. The agreement also covers the provision of aftermarket services…
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