Songa Mercur secures contract with Gazflot LLC

Tuesday, March 9th, 2010

Songa Offshore is pleased to announce that a firm contract for use of Songa Mercur has been agreed and signed with Gazflot LLC, a Gazprom subsidiary. The contract covers the ...


NNPC, Daewoo Sign $100m Oil Lifting Contract

Wednesday, January 27th, 2010

The Nigerian National Petroleum Corporation (NNPC) has signed a one-year agreement with South Korean company, Daewoo Shipbuilding & Marine Engineering Co. (DSME) for shipping of crude oil worth $100 from ...


Eni, Occidental Petroleum and KOGAS Sign Technical Service Contract with Iraq’s South Oil Company and Missan Oil Company to Redevelop Zubair Field

Friday, January 22nd, 2010

Production planned to increase by more than 1 million barrels of oil per day Consortium to recover expenditures through cost recovery mechanism Commitment to provide training and employment opportunities for ...


CGGVeritas Announces Two Major Ocean Bottom Cable Contract Awards

Tuesday, January 12th, 2010

CGGVeritas announced today that ARGAS, its Saudi Arabian joint venture owned 49% by CGGVeritas and 51% by TAQA, has been awarded two major Ocean Bottom Cable (OBC) 3D data acquisition ...


Aker Solutions to supply subsea boosting systems to Petrobras

Tuesday, January 5th, 2010

Aker Solutions has signed a contract with Petrobras to supply eight subsea boosting systems (Mobo) and one ESDV (emergency valve) for the Jubarte field, located in the north of Campos ...


Aker Solutions signs service contract with Reliance Industries

Thursday, November 19th, 2009

Aker Solutions has been awarded a contract from Reliance Industries Ltd to provide support services to the MA-D6 and KG-D6 field developments located in Bay of Bengal, India.   The USD 25 ...


ExxonMobil extends maintenance and modification contract with Aker Solutions

Friday, November 13th, 2009

ExxonMobil has decided to extend the maintenance and modification contract with Aker Solutions, releasing a new option on an existing agreement. Work under the new option will last until December ...


Royal Dutch Shell has signed a contract with Saipem SpA

Tuesday, October 13th, 2009

US crude for November delivery fell $0.28 to $72.99 London Brent crude lost $0.19 to $71.17. -------------------- Saudi Aramco plans to award an integrated drilling contract in South Ghawar in a bid ...


Goliat subsea contract to Aker Solutions

Wednesday, September 16th, 2009

Aker Solutions has signed a contract with Eni Norge AS to deliver a subsea production system to the operator's Goliat field development in the Barents Sea. Contract value is approximately ...


Oil News from around the web,Marketwatch

Saturday, July 18th, 2009

Goldman Sachs on Friday said second-quarter results for European integrated oil will be the trough of the cycle, and recommended investors buy Shell /quotes/comstock/23s!e:rdsa (UK:RDSA 1,536, +13.00, +0.85%) , Statoil ...


Subsea 7 Announces Contract with BP in Norway

Monday, July 6th, 2009

Subsea 7 Inc (OSE Symbol: SUB), one of the world's leading subsea engineering and construction companies, announced today that it has been awarded a contract from BP Norway, for engineering, ...


Acergy S.A. awarded $190 million contract offshore Nigeria

Monday, June 1st, 2009

Acergy S.A. (NASDAQ-GS: ACGY; Oslo Stock Exchange: ACY) announced today the award of a contract valued at approximately $190 million from MOBIL Producing Nigeria Unlimited (MPN), an affiliate of Exxon Mobil ...


Shaw Awarded Contract to Continue Work on Sonatrach LPG Recovery Facility in Algeria

Thursday, March 26th, 2009

BATON ROUGE, La.--(BUSINESS WIRE)--The Shaw Group Inc. (NYSE: SGR) today announced its Energy & Chemicals Group has been selected to provide engineering services for Sonatrach’s planned 24 million standard cubic ...


Gazkomplektimpex and Siirtec Nigi sign GTU engineering and construction contract within Nord Stream project

Wednesday, March 4th, 2009

Igor Fyodorov, Member of the Gazprom Management Committee, Director General of Gazkomplektimpex and Adalberto Bestetti, President of Siirtec Nigi S. p. A. signed an engineering and construction contract for a ...


Aker Solutions awarded Kollsnes contract

Thursday, February 26th, 2009

Aker Solutions has been awarded an EPC contract to modify and develop the gas plant at Kollsnes on the west coast of Norway. This plant is processing natural gas from ...


Technip in Consortium Awarded an Engineering Contract for The Shtokman Gas Project

Thursday, February 26th, 2009

Regulatory News: Technip, (Paris:TEC) (ISIN:FR0000131708) in a consortium with Aker Solutions and SBM Offshore, has been awarded by Shtokman Development AG an engineering contract for the floating production unit for the ...


BP extends the Modification & Maintenance Support contract with Aker Solutions

Friday, January 23rd, 2009

BP has declared it's option to extend the duration of the  existing framework agreement with Aker Solutions for Modifications and Maintenance Support with two years, up to 31 March 2011.  ...


Nexans wins a 42 million Euro subsea umbilical contract for Usan oilfield in Nigeria

Friday, December 12th, 2008

Nexans, the worldwide leader in the cable industry, has been awarded a 42 million Euro contract by EMC B.V, a subsidiary of Saipem S.p.A., to develop, manufacture and supply umbilicals ...


CGGVeritas Multi-Year Extension of Oman Processing Contract

Friday, December 5th, 2008

CGGVeritas (ISIN: 0000120164 – NYSE: CGV) announced today that it has been awarded a multi-year contract extension by Petroleum Development Oman (PDO) to perform seismic data processing and imaging services ...


CNPC inks oilfield development contract with Iraq

Tuesday, November 18th, 2008

On November 10, CNPC President Jiang Jiemin and Dr. Hussain Al-Shahristani, Iraqi Minister of Oil, signed a 23-year service agreement on the development of the Al-Ahdab Oilfield in Baghdad. Another ...


Saipem wins new onshore contract in Nigeria

Thursday, October 23rd, 2008

San Donato Milanese (MI),  23 October 2008 - Saipem has acquired a new onshore construction contract in Nigeria with a value of about 700 million U.S. dollars (Saipem share).  The contract, ...


TECHNIP AWARDED CONTRACT FOR THE CHARTER OF A PIPELAY VESSEL

Thursday, October 23rd, 2008

Technip has been awarded by Petrobras a daily-rate contract (worth more than US$ 100 million) for a two-year charter of the Normand Progress, a vessel specializing in flexible pipeline installation. ...


Aker Solutions wins drilling riser contract

Monday, September 22nd, 2008

22 September 2008 - Aker Solutions has been awarded a contract for the delivery of a complete deepwater marine drilling riser system with buoyancy package and associated equipment from offshore ...


Edison Signs a contract for the exploration of hydrocarbons in Iran

Tuesday, September 2nd, 2008

Edison strengthens its upstream operations: the objective is to achieve annual production equal to 15% of the Group’s total needs Milan, January 9th 2008 – During a ceremony attended by Iran’s ...


Aker Solutions awarded another important drilling equipment contract

Tuesday, September 2nd, 2008

Aker Solutions has been awarded a drilling equipment contract by Daewoo Shipbuilding and Marine Engineering (DSME) in Korea for a new semi submersible drilling rig. The total contract value for ...


Royal Dutch Shell Awards Intellecor International Recruitment Contract

Wednesday, August 20th, 2008

Intellecor and Royal Dutch Shell Partner to Support Canadian Oil Sands Project COLUMBUS, Ohio--(BUSINESS WIRE)--Intellecor, a global human capital management firm that has helped organizations in more than 32 countries to ...


Alstom is Awarded a Fourth Consecutive Combined-Cycle Power Plant Contract With Hc Energia in Spain

Monday, August 4th, 2008

LEVALLOIS PERRET, France--(BUSINESS WIRE)--Regulatory News: An Alstom-led consortium with Duro Felguera engineering group was awarded a turnkey contract by Hc Energia, a subsidiary of the EDP-Energias de Portugal group based in ...


Chiyoda Licenses Technology to Win Contract from Major Denmark Power Station

Monday, June 23rd, 2008

Chiyoda Licenses Technology to Win Contract from Major Denmark Power Station for Large-Scale Desulfurization Plant YOKOHAMA, Japan--(BUSINESS WIRE)--Chiyoda Corporation (TOKYO:6366)(ISIN:JP3528600004), Japan’s leading engineering and construction firm, announces that it has reached ...


Aker Solutions awarded drilling equipment contract

Friday, June 20th, 2008

Aker Solutions has been awarded a contract with Jurong Shipyard Pte. Ltd in Singapore for delivery of a complete drilling system for an ultra deepwater drilling semi-submersible platform. The ...


Technip Awarded Contract for Extension of the Fujairah Water Transmission System in the United Arab Emirates

Wednesday, June 11th, 2008

Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708), as leader of a consortium with Dodsal Engineering & Construction of Dubai, has been awarded by Abu Dhabi Transmission & Despatch Company (TRANSCO) a lumpsum ...


€635 Million (Nearly US$1B) Contract for GE Energy

Tuesday, June 10th, 2008

For Power Project To Help Meet Algeria's Electricity Needs New Plant to Boost Country's Installed Capacity by 18 Percent SCHENECTADY, N.Y. - June 10, 2008 : – A new planned power ...


Aker Solutions wins drilling riser contract

Friday, May 23rd, 2008

Aker Solutions has been awarded a contract for the delivery of a complete deepwater marine drilling riser system with buoyancy package and associated equipment from offshore drilling company Atwood Oceanics. ...


TECHNIP: A TECHNOLOGICAL WORLD FIRST WITH A RISER AND LIFTING SYSTEM CONTRACT

Wednesday, May 14th, 2008

TECHNIP: A TECHNOLOGICAL WORLD FIRST WITH A RISER AND LIFTING SYSTEM CONTRACT FOR A SUBSEA MINING PROJECT Technip has been awarded by Nautilus Minerals Singapore Pte Ltd. a services contract for ...


LNG Sale and Purchase Agreement from North West Shelf Project

Friday, May 9th, 2008

Osaka Gas signed today the LNG Sale and Purchase Agreement (SPA) with North West Shelf Venture (Sellers). On the basis of the agreement between Osaka Gas and the six equal ...


NYMEX to Launch U.S. Carbon Allowance Contract

Wednesday, May 7th, 2008

NYMEX to Launch U.S. Carbon Allowance Contract as Part of The Green Exchange™ Venture NEW YORK, May 7  /PRNewswire-FirstCall/ -- The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, ...