Offshore services firm Subsea7 has completed all floatover installation operations using an innovative installation method on Saudi Aramco’s oil and gas project offshore Saudi Arabia.Subsea7 used only tugs and soft mooring lines connected to the jacket for barge docking without deployment of anchors on the seabed for Saudi Aramco’s Marjan increment program 2 (MIP2).According to the company, which used the new method for the first time…
Italian offshore energy services firm Saipem has secured a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia.Saipem’s scope of work involves the engineering…
Italian offshore energy services firm Saipem has been awarded two offshore contracts in Saudi Arabia under its existing long-term agreement with Saudi Aramco, whose combined value approximately $1 billion.Saipem’s scope of work under the first contract involves the engineering…
Saudi Arabian state-owned oil giant Aramco expects to pay $31 billion in dividends to the Saudi government and its shareholders despite reporting lower earnings for the first quarter on Tuesday, hit by lower oil prices and volumes sold.The Saudi government…
WSG Energy Services (WSGES) in Singapore has secured multiple contract wins on Floating Production Storage and Offloading (FPSO) vessel projects with a combined value in excess of at $10m.WSG was commissioned by Yinson Production to assist on the upgrade and conversion of FPSO Atlanta…
Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The total value of the new contracts is approximately $1 billion.Under the existing Long-Term Agreement (LTA) with Saudi Aramco…
British oil and gas major BP said Thursday it had submitted bids for two offshore wind leases in the Netherlands, with a combined generating capacity of 1.4GW.BP has bid in the tender process for rights to develop the Hollandse Kust (west) Wind Farm Zone (HKW) sites VI and VII…
Energy major Shell has filed its appeal against a Dutch court ruling that ordered the oil, gas and fuel producer to cut its emissions faster in a landmark win for activists turning to courts to force climate action.While Shell had set itself a target to reach net zero carbon neutrality by 2050…
Dutch offshore installation company Heerema Marine Contractors has won a contract with McDermott to transport and install six large jackets within Package-1 of Saudi Aramco’s Marjan Increment program.The Marjan oil and gas field is located in the Arabian Gulf off the eastern coast of Saudi Arabia…
Energy industry engineering services firm Wood said Tuesday it had secured a multi-million dollar contract with Saudi Aramco.The contract, of unspecified value, is for the delivery of engineering and project management services for the Safaniyah and Manifa oil fields in the Kingdom of Saudi Arabia…
UAE-based offshore construction company Lamprell said on Wednesday it has been awarded an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco.Scheduled for completion in 2022, the scope of work includes…
UAE-based energy industry facilities construction company Lamprell has won a 'large' contract to deliver offshore facilities and subsea components for Saudi Aramco's giant Marjan field. Lamprell defines a 'large contract' as between $51 and $150 million…
The global player in the cable and optical fiber industry Nexans S.A. was awarded a significant Purchase Order to supply 180 km of 230 kV cables for the offshore Marjan increment development mega-project on the eastern coast of the Arabian Gulf…
A consortium of Gasunie, Groningen Seaports, and Shell on Thursday announced plans to build a massive green hydrogen plant in Groningen.The project, dubbed Europe's largest green hydrogen project, and named the NortH2, envisions the production…
Saudi Aramco is continuing to focus significant efforts on crude oil expansion. The major expansions at Saudi Aramco’s offshore oil fields of Marjan, Zuluf, Safaniyah and Berri are expected to comprise the majority of the company’s upstream investment over the next three years…
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