Tag Archive

DEWA and ACWA Power, in collaboration with Shanghai Electric

DEWA and ACWA Power, in collaboration with Shanghai Electric

April 18, 2018 No Comments

The Engineering, Procurement and Construction (EPC) agreement with Shanghai Electric Generation Group (SEGC) for the DEWA (Dubai Electricity and Water Authority) 700MW CSP project in Dubai was signed at a ceremony in China. The project is the 4th phase of the Mohamed bin Rashid Solar Park, the largest thermo-solar power plant in the world. The […]

Subsea 7 awarded contract offshore Nigeria

Subsea 7 awarded contract offshore Nigeria

April 17, 2018 No Comments

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced the award of a substantial contract by Mobil Producing Nigeria Unlimited (MPN) for the Production Uplift Pipeline Projects (PUPP) in shallow water, offshore Nigeria. The contract scope includes engineering, construction, transportation, installation and pre-commissioning of 20 kilometres of 24” Corrosion Resistant Alloy (CRA) pipeline between the […]

Aker and Kvaerner Secure Letter of Intent for Johan Sverdrup Phase II Work

Aker and Kvaerner Secure Letter of Intent for Johan Sverdrup Phase II Work

April 5, 2018 No Comments

Aker Solutions and Kvaerner together secured a letter of intent for modifications of the riser platform and field center of the Statoil-operated Johan Sverdrup development, Norway’s largest oil find in more than three decades. The contract value is NOK 3.4 billion and will be split equally between the two companies, which formed a joint venture […]

Statoil signs letters of intent for Johan Sverdrup phase 2

Statoil signs letters of intent for Johan Sverdrup phase 2

April 5, 2018 No Comments

Statoil, on behalf of the Johan Sverdrup partnership, signed a letter of intent with Aibel for the construction of the processing platform topside for phase 2 of the project. A letter of intent for field centre modifications is also issued to a joint venture of Aker Solutions and Kværner. Total value is estimated at more […]

TechnipFMC Awarded Integrated EPCI Contract

TechnipFMC Awarded Integrated EPCI Contract

March 26, 2018 No Comments

TechnipFMC (Paris:FTI) (NYSE:FTI) has been awarded an iEPCI™ (integrated Engineering, Procurement, Construction and Installation) contract by Energean Oil & Gas for the Karish full field development, located offshore Israel at a water depth of 1,750 meters. This award extends our iEPCI™ offering from seabed to offshore producing facility. The execution of this iEPCI™ contract covers […]

Wood Announce Final results for the year to December 2017

Wood Announce Final results for the year to December 2017

March 20, 2018 No Comments

Financial results for 2017 ahead of guidance on a reported basis and in line on a proforma basis Highlights; Relatively resilient performance despite continued challenging conditions in core oil & gas markets Integration progressing at pace. Annualised cost synergies delivery of greater than $40m to date, earlier than plan. Remain confident of delivering at least […]

McDermott and CB&I Announce Organizational Structure for Future Combined Company

McDermott and CB&I Announce Organizational Structure for Future Combined Company

March 13, 2018 No Comments

McDermott International, Inc. (NYSE:MDR) and Chicago Bridge & Iron Company N.V. (NYSE:CBI) announced the selection of the executive leadership team and integrated organizational structure of the combined company, which will be effective upon the close of the transaction. “The plans announced today are important steps to position the combined company to build a common culture, […]

Wood wins new contract to develop chemicals project

Wood wins new contract to develop chemicals project

March 8, 2018 No Comments

Wood has been selected to develop the world’s largest fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi Arabia, on behalf of Saudi Aramco and SABIC as the first PMC contractor. The company will provide front end engineering design (pre-FEED and FEED) and project management services during the engineering, procurement and […]

McDermott Awarded Contract on the BP Cassia C Compression Platform

McDermott Awarded Contract on the BP Cassia C Compression Platform

March 6, 2018 No Comments

McDermott International, Inc. (NYSE:MDR) announced today it has been awarded a detailed engineering and long lead procurement services contract from BP Trinidad & Tobago, LLC (bpTT) for the Cassia C Compression Platform, located 40 miles (65 kilometers) off the southeast coast of Trinidad and Tobago. The contract follows McDermott’s award for the engineering, procurement, construction, […]

Saipem awarded Onshore E&C contract in Oman

Saipem awarded Onshore E&C contract in Oman

February 15, 2018 No Comments

Saipem has been awarded a new contract in the onshore E&C sector worth approximately USD 750 million. Work involves engineering, procurement, construction and commissioning under Package 3 “Offsite Facilities” in the framework of the development of the Duqm Refinery situated near the coast in the north east of Oman. The contract was awarded by Duqm […]

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