KBR and SOCAR, through their joint venture SOCAR-KBR, have been awarded two contracts by BP in Azerbaijan - one to support the Sangachal Terminal Electrification (STEL) project, Azerbaijan’s largest oil and gas reception terminal, and another for the Shah Deniz compression (SDC) gas field project.Under the terms of the contracts, SOCAR-KBR will provide detailed engineering design solutions and procurement services for both the projects…
Energy technology company Baker Hughes and Malaysia’s state-run energy giant Petronas have signed a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition…
Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services and shipping logistics…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has signed production and exploration contract with Ministry of Energy of the Republic of Kazakhstan and state-owned operator KazMunayGas (KMG) for Zhylyoi Subsoil Area…
Petronas, through its wholly-owned subsidiary Petronas Suriname E&P, has signed a Production Sharing Contract (PSC) for Block 66, located in the deepwater region offshore Suriname.The agreement was signed with Staatsolie Maatschappij Suriname and Paradise Oil Company (POC)…
Idemitsu Kosan Co has acquired interests in two oil and gas blocks located off the coast of Sarawak in Malaysia from South Korean SK earthon, and signed production sharing contracts (PSC) for the developments.The acquired interests are for the Block SK427…
Woodside Energy and Petronas, through its subsidiary Petronas LNG, have signed a non-binding heads of agreement (HoA) for the supply of 1 million tonnes per annum of LNG to Malaysia from 2028 for a period of 15 years.The LNG would be supplied…
Fugro has opened a new geotechnical testing laboratory in Jakarta, Indonesia, enhancing its regional capabilities for energy and infrastructure projects.The new facility will increase Fugro’s lab capacity in Asia Pacific by 20% and cut testing turnaround times by 30%…
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