Cedar LNG has issued a notice to proceed with the engineering, procurement, and construction (EPC) of floating LNG production unit to Samsung Heavy Industries (SHI) and Black & Veatch, following the signing of a 20-year offtake agreement with ARC Resources.According to Cedar LNG and its partners Haisla Nation and Pembina Pipeline, these critical milestones allow the project to proceed to secure financing…
QatarEnergy has awarded the four main Engineering, Procurement, Construction, and Installation (EPCI) contract packages related to the next development phase of the Al-Shaheen field, Qatar’s largest offshore oil field, to increase production by about 100…
Energies PH, through its affiliate San Bernardino Ocean Power Corporation, has awarded an engineering, procurement, and construction (EPC) contract to Inyanga Marine Energy Group to build tidal energy plant in Southeast Asia, which will feature HydroWing technology…
Oilfield services company Petrofac has signed an engineering, procurement, construction and commissioning (EPCC) framework agreement with TotalEnergies for its assets in the North Sea.Under the three-year framework, Petrofac will have the opportunity…
Italian engineering and construction firm Rosetti Marino said Tuesday it had won a contract with the Italian energy industry services firm Saipem for offshore EPC activities in the Mediterranean Sea off Libya worth over 300 million euros.Saipem…
Abu Dhabi-based oil and gas company ADNOC has reached the final investment decision and award of contracts for the Hail and Ghasha Offshore Development project offshore Abu Dhabi.Hail and Ghasha are part of Abu Dhabi’s Ghasha Concession which is set to produce more than 1…
Malaysia-based firm Sapura Energy has secured an offshore platform transportation and installation contract in Angola.The contract, with Azule Energy, an Angolan joint venture between Eni and BP, is worth around $300 million and is related to Angola Northern Gas Complex (NGC) Project…
Wood Group, a consulting and engineering company, and Harbour Energy, the UK's largest oil and gas producer, have entered into a new strategic partnership for UK North Sea operations.The companies have agreed a new master services agreement…
Houston-based firm SCF Partners has acquired Abedeen-based engineering, procurement and construction (EPC) service provider Global E&C, from Global Energy Group for an undisclosed sum.Global E&C employs more than 1,000 people, with more than…
As we enter the final month of 2022, a review of the floating production system (FPS) market revealed that some E&Ps have been bold with investments in the development of their oil and gas (O&G) reserves, with a total of 1.9 mmboepd (1.3 mmbpd of oil and 3…
GMS, a UAE-based provider of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Tuesday it had secured a new contract.The 22-month contract is for an E-Class vessel with an unnamed EPC client in the MENA region…
Hai Long Offshore Wind Project has awarded the EPC contract to a consortium consisting of Semco Maritime and PTSC M&C for the two offshore substations for the Hai Long 2 and Hai Long 3 wind farms offshore Taiwan. The consortium was named a Preferred Supplier back in October 2021…
QatarEnergy has awarded a major engineering, procurement, and construction (EPC) contract for the North Field Expansion Project, which it says marks the final major milestone to deliver the project which will boost Qatar’s LNG production capacity to 110 million tons per annum (MTPA)…
Asia Pacific Energy Ventures said Monday it would carve out subsidiary Twenty20 Energy Systems with plans to take it public on the Nasdaq in the second quarter of 2022.Based in Singapore, Twenty20 Energy was formed in 2014 as a subsidiary of APEV…
Oilfield services giant Petrofac has won two new contracts with Cairn Oil & Gas, Vedanta Limited, India’s largest private oil and gas exploration company. With a combined value of around $100 million, the wins include Petrofac’s first significant Operations and Maintenance (O&M) contract in-country…
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