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Saudi Aramco Signs Deals Worth USD 34 bln in Oil and Gas

Oct 24, 2018

Saudi Aramco signed 15 Memoranda of Understanding (MoUs)  and strategic and commercial collaborations valued at more than US$34 billion with 15 international partner companies and entities from eight countries in 3 continents.These collaborations…

TechnipFMC Bags Subsea Contract from ExxonMobil

Oct 24, 2018

The subsea and offshore service provider TechnipFMC  has been awarded a contract by an affiliate of ExxonMobil Corporation  for the engineering of the subsea system for the proposed Liza Phase 2 project.Following engineering and subject to requisite government approvals…

First LNG Cargo Exported from Ichthys

Oct 23, 2018

French oil and gas major Total said on Tuesday that the first cargo of liquefied natural gas (LNG) cargo from Australia's Ichthys LNG project has been exported following the production start-up at the end of July.Ichthys LNG, with reserves of…

Total Will Invest More in Short Cycle Projects

Oct 23, 2018

French oil and gas major Total will invest more in short cycle projects, said its chief executive on Tuesday.Patrick Pouyanne was a speaking at an investment conference in Riyadh.(Reporting by Rania El Gamal, writing by Alexander Cornwell, Editing Saeed Azhar)

Kvaerner Eyes Growth, Mergers as Profits Decline

Oct 23, 2018

Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding abroad, the company said on Tuesday after reporting a sharp decline in third-quarter earnings that drove down its shares.Kvaerner's quarterly earnings before interest…

Renewables: Ingeteam Gets DNV GL Approval in India

Oct 23, 2018

Ingeteam, an independent global supplier of electrical conversion equipment, announced today that it received DNV GL’s “Shop Approval in Renewable Energy” certification for the wind converter manufacturing facility recently established by the company in the Tamil Nadu region…

Drafinsub Chooses Falcon ROV

Oct 23, 2018

Italian underwater works company Drafinsub chose the Saab Seaeye Falcon electric remotely operated underwater vehicle (ROV) for the wide ranging and complex tasks undertaken by the company.“We chose the Falcon because it's the industry standard for observation robotic vehicles…

Drydocks World Completes FPSO Upgrade, Turret Mooring Project

Oct 23, 2018

Drydocks World has recently completed two projects for Bluewater Energy Services B.V. and end client Hurricane Energy plc.The projects included the refurbishment, life extension and upgrade of the FPSO Aoka Mizu vessel, and the construction of a Turret Buoy weighing over 1…

UK's Tullow to Ramp Up Ghana Oil Production

Oct 23, 2018

UK-based Tullow Oil aims to ramp up its oil production in Ghana to 180,000 barrels per day by the end of the year, following successful drilling of additional wells, its Ghana head Kweku Awotwi said on Tuesday.Tullow is confident of sustaining peak production from its two oilfields in Ghana…

Seabed Geosolutions Wins Red Sea Ocean Contract

Oct 23, 2018

The provider of comprehensive ocean bottom seismic (OBS) solutions to the global oil and gas industry Seabed Geosolutions and its partner have been awarded a 3D ocean bottom node survey in the Red Sea.The S-79 project will require the acquisition…

Andy Richardson Joins as COO of SimecAtlantis Energy Limited

Oct 23, 2018

Simec Atlantis Energy  announced that it has appointed Mr. Andy Richardson into the role of Chief Operating Officer at Simec Atlantis Energy.A press release from the global developer, owner and operator of sustainable energy projects with a diversified portfolio of more than 1…

HC2 Holding Mulls Global Marine Sale

Oct 23, 2018

The diversified holding company HC2 Holdings announced that it is exploring strategic alternatives, including a potential sale, for its  Global Marine Group (GMG)  subsidiary.As part of this process, Global Marine Holdings, a leading provider…

Australia's Woodside China's ENN Join Hands

Oct 23, 2018

Australia’s Woodside Petroleum has signed a Cooperation Agreement with Chinese private sector gas distribution firm ENN Group under which the two companies will work together to explore a broad range of potential business opportunities.The Cooperation…

Orsted Selects Siemens Gamesa or Typhoon-Proof Turbines

Oct 23, 2018

Danish wind power company Ørsted has selected Siemens Gamesa Renewable Energy (SGRE) as the preferred supplier for the first 900MW Greater Changhua offshore wind farms.The project is subject to certain conditions such as the signing of a power…

Pacific Drilling Bags Eni Contract for Offshore Nigeria

Oct 23, 2018

Offshore ultra-deepwater drilling company Pacific Drilling announced that its deepwater drillship the Pacific Bora has been awarded a contract by Nigerian Agip Exploration Limited (a subsidiary of Eni SpA) for drilling operations in Nigeria…

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