Tag Archive

NNPC GMD Awarded Forbes Oil & Gas Man of the Year Award

NNPC GMD Awarded Forbes Oil & Gas Man of the Year Award

December 5, 2017 No Comments

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has added a major laurel to his growing list of honours since assumption of office following his recent nomination as the Forbes Best of Africa Oil and Gas Man of the Year 2017 Award by the New York based Internationally reputable […]

SAFETY4SEA Sustainability Award

SAFETY4SEA Sustainability Award

July 12, 2017 No Comments

Women’s International Shipping and Trading Association (WISTA) have been shortlisted for the SAFETY4SEA Sustainability Award for enhancing opportunities and supporting the role of women in the maritime industry on a global level. The SAFETY4SEA Awards are taking place for a second consecutive year as part of the SAFETY4SEA Conference within the scope of fostering Safety […]

Ecuador to Pay ConocoPhillips $380 Million

Ecuador to Pay ConocoPhillips $380 Million

February 9, 2017 No Comments

ConocoPhillips’s (NYSE: COP) wholly owned subsidiary, Burlington Resources Inc., received an arbitration award of $380 million from an international arbitration tribunal, constituted under the International Centre for the Settlement of Investment Disputes (ICSID), for Ecuador’s unlawful expropriation of Burlington’s significant investment in breach of the U.S.-Ecuador bilateral investment treaty. “The Tribunal’s decision on damages sends […]

McDermott awarded offshore EPCI contract from Saudi Aramco

McDermott awarded offshore EPCI contract from Saudi Aramco

January 26, 2017 No Comments

McDermott International, Inc. (NYSE:MDR) announced today it has been awarded a substantial contract from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Safaniya and Zuluf fields offshore Saudi Arabia. The brownfield project is part of a wider program to replace aging facilities with electrified platforms to enhance the potential of the […]

Papua New Guinea Petroleum Prospecting Licence 560 Awarded

Papua New Guinea Petroleum Prospecting Licence 560 Awarded

October 26, 2016 No Comments

Rawson Resources Limited (ASX:RAW) is very pleased to announce the successful award of Papua New Guinea Petroleum Prospecting Licence (PPL) 560, subject to the Company’s acceptance and normal regulatory requirements. The successful award of PPL 560 represents a major milestone in the Company’s exciting strategy of building a strong and diverse exploration portfolio in Papua […]

Bell Geospace and Onyx Engineering Awarded FTG Contract By PETRONAS

September 29, 2016 No Comments

Bell Geospace, the world leader in Gravity Gradiometry, together with Onyx Engineering, has been awarded a contract by multinational exploration business, Petroliam Nasional Berhad (PETRONAS). The contract, for 3D multi-client Full Tensor Gradiometry (FTG)data acquisition, processing and interpretative services, will cover approximately 198,900 square kilometres. The provision of airborne FTG and magnetic surveys will be […]

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Aker Solutions Wins Troll B Modifications Contract

Aker Solutions Wins Troll B Modifications Contract

September 16, 2016 No Comments

Aker Solutions secured a contract from Statoil to deliver a compression module for the Troll field in the North Sea to help boost output at one of Norway’s key offshore fields. The contract is valued at NOK 370 million and is an option in a front end engineering and design (FEED) agreement awarded to Aker […]

Seven Energy wins Gas-to-Power Industry award in Nigeria

May 31, 2016 No Comments

SEVEN Energy has won the 2016 Gas to Power Industry Award, for its investment in the nation’s oil and gas sector. The award instituted by the Lagos Chamber of Commerce and Industry, LCCI, recognises deserving corporate and public institutions that have contributed to commerce and industrial development in different sectors of the Nigerian economy through […]

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Wood Group awarded contract across Shell’s North Sea offshore assets

May 5, 2016 No Comments

Wood Group has been awarded a three year contract extending its support of Shell’s eight UKCS offshore assets. Wood Group PSN (WGPSN) will continue to deliver maintenance and construction services to the Shearwater, Gannet, Nelson, Curlew, Brent Delta, Brent Alpha, Brent Bravo and Brent Charlie installations. In addition WGPSN will provide engineering modifications to the […]

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Statoil awards contract for Sture and Kollsnes

February 19, 2016 No Comments

Statoil has awarded the contract for ISO (insulation, scaffolding and surface treatment) maintenance services at Sture and Kollnes to Prezioso Linjebygg AS. At Kollsnes the contract has been awarded on behalf of the operator Gassco. The contract has a value of NOK 1.1 billion over the 10-year contract period. Maintenance contracts for all of the […]

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