Tag Archive

Aker Solutions Wins Troll FEED Contract With EPCI Option From Statoil

Aker Solutions Wins Troll FEED Contract With EPCI Option From Statoil

September 21, 2017 No Comments

Aker Solutions won a contract from Statoil for front end engineering and design of a module that will increase output at Troll, one of Norway’s largest natural gas fields. The order includes an option for engineering, procurement, construction and installation of the module, which will receive and process gas from the Troll West field before […]

Baker Hughes Awarded Subsea Contract by Petrobel

Baker Hughes Awarded Subsea Contract by Petrobel

September 11, 2017 No Comments

In a signing ceremony hosted by H.E. Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources for Egypt, Baker Hughes, a GE company (NYSE: BHGE) announced a major subsea contract from Petrobel for phase two of the “supergiant” Zohr Gas Field situated in the Mediterranean Sea, off the Egyptian coast. The project underscores the company’s […]

Amec Foster Wheeler wins US$604 million EPC contract

Amec Foster Wheeler wins US$604 million EPC contract

September 8, 2017 No Comments

Amec Foster Wheeler has been awarded a US$604 million engineering, procurement and construction (EPC) fixed price contract for part of a US$1.85 billion methanol plant being developed by Yuhuang Chemical Inc (YCI), a US-based subsidiary of China’s Shandong Yuhuang Chemical Company Co. Ltd. The first phase of the project, which includes the construction of a […]

DEA appoints New CEO

DEA appoints New CEO

September 5, 2017 No Comments

DEA Deutsche Erdoel AG, the international oil and gas company wholly owned by LetterOne, today announces the appointment of Maria Moraeus Hanssen as its new CEO and Chairman of the Management Board. The appointment is expected to take effect in January 2018, when Maria Moraeus Hanssen succeed Thomas Rappuhn, who is handing over after 30 […]

Baker Hughes Awarded Coral South FLNG Contract

Baker Hughes Awarded Coral South FLNG Contract

August 31, 2017 No Comments

Baker Hughes, a GE company (NYSE: BHGE) has announced a second major contract for Eni East Africa’s (EEA) Coral South FLNG development, offshore Mozambique, underlining the company’s position as the world’s first and only integrated fullstream provider of products, services and digital solutions that maximize productivity, efficiency and cost reduction. The contract was awarded in […]

Oceanteam ASA Reports H1 2017 Results

Oceanteam ASA Reports H1 2017 Results

August 30, 2017 No Comments

Oceanteam ASA, the Dutch-Norwegian based offshore service provider Oceanteam ASA (“Oceanteam” or “Company”) today announced its official figures of the first six month of 2017 (hereafter referred to as H1 2017). Revenues during H1 2017 came in at USD 16.8 million The Company recorded an EBITDA from operations of USD 6.8 million and a net […]

Which carmaker will sell most electric cars in 2020?

Which carmaker will sell most electric cars in 2020?

August 29, 2017 No Comments

Almost half the respondents (45 percent) said Tesla would sell more electric cars globally in 2020 than any other maker. Just under one third of participants (31 percent) picked BYD as the highest seller globally. The Nissan Renault Alliance, which now includes Mitsubishi as well, got a mere 15 percent of the votes Source / […]

Neste Jacobs to revolutionize operator training with NAPCON Games

Neste Jacobs to revolutionize operator training with NAPCON Games

August 23, 2017 No Comments

Technology, engineering and project management company Neste Jacobs releases a new product portfolio called NAPCON Games, which will gamify operator training. NAPCON Games can be combined with traditional operator training methods to maximize the benefits and to improve the operator training for the process industry. NAPCON Games product portfolio will include a series of games […]

Saipem awarded E&C contract in Kuwait worth US$850m

Saipem awarded E&C contract in Kuwait worth US$850m

August 17, 2017 No Comments

Saipem has been awarded a new contract in the onshore E&C sector worth approximately 850 million USD. Activities involve engineering, procurement, construction and commissioning for the “Feed Pipelines for New Refinery Project (NRP)” in relation to the development of the new Al Zour refinery located in the south of Kuwait. The contract has been awarded […]

BUMI ARMADA SIGNS USD134 MILLION CONTRACT WITH LUKOIL

BUMI ARMADA SIGNS USD134 MILLION CONTRACT WITH LUKOIL

August 15, 2017 No Comments

Bumi Armada Berhad’s wholly owned subsidiary Bumi Armada Caspian LLC (“BAC”) has signed a supplementary agreement with LUKOIL-Nizhnevolzhskneft LLC (“LUKOIL”) (“Supplementary Agreement”) for additional Engineering, Procurement, Construction and Installation (“EPCI”) scope. The additional scope will involve Bumi Armada’s Subsea Construction assets to lay subsea pipelines and undertake post trenching and back-filling works on sections of […]

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