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NEWS Click on text to read news by category: General | Product | People | Worldwide

Jemena Receives Approval to Build Northern Gas Pipeline, Australia

June 12, 2017

Jemena has secured approval from the Northern Territory (NT) government in Australia to begin the construction of the first 344km of the A$800m ($603m) Northern Gas Pipeline (NGP) project. The 622km gas transmission pipeline developed by the Australian energy infrastructure

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BP Given Green Light for Angelin Gas Project, Offshore Trinidad

June 9, 2017

BP Trinidad and Tobago (BPTT), a joint venture of BP and Respol, has given the green light to commence development of the Angelin offshore gas project in Trinidad. Located 60kms off the south-east coast of Trinidad and at a water-depth

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Saudi Aramco to Invest $18 Billion to Expand Activities in North and South America

June 9, 2017

Saudi Arabian state-run oil company Saudi Aramco is planning to invest $18bn in the next five years to expand its operations in the Americas. The plans were revealed by Motiva Enterprises, a wholly-owned affiliate of Saudi Aramco, headquartered in Houston,

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Gazprom and Shell to Set Up JV to Develop Baltic LNG Plant, Russia

June 9, 2017

Russia’s Gazprom has entered into an agreement with Royal Dutch Shell to set up a joint venture (JV) to develop a LNG plant in the Leningrad Region, Russia. As per the terms of the deal, the JV will engage in

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Amec Foster Secures FEED Contract for Saudi Aramco Oilfield Development

June 8, 2017

Amec Foster Wheeler has secured a contract from Saudi Aramco to provide a range of services for the Marjan offshore and onshore oilfield in the Eastern province of Saudi Arabia. As part of the five-year contract, Amec Foster Wheeler will

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Armour Energy Acquires QGC’s Interest in Surat Basin, Australia

June 7, 2017

Armour Energy has acquired QGC’s interest in ATP 647 on the Roma Shelf of the Surat basin in Queensland, Australia. The Brisbane-based company now owns 100 percent of ATP 647 which is situated to the east of its PL 227

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Jemena Awards Northern Gas Pipeline Construction Contract to McConnell Dowell, Australia

June 7, 2017

McConnell Dowell has secured construction contract from Jemena for the Northern Gas Pipeline (NGP) Project in Australia. The NGP is a 622km buried gas pipeline between Tennant Creek and Mount Isa. Upon completion, the NGP will, for the first time,

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Shell and Partners Start Deepwater Production at New FPSO in Brazil

June 7, 2017

Shell and partners have commenced deep-water production at the FPSO P-66 in Lula South, in the Brazilian pre-salt of the Santos Basin. Shell holds 25 percent stake in the consortium while Brazilian oil firm Petrobras is the operator of the

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Tendeka Expands Within South American Market

June 7, 2017

Upper and lower completion systems provider Tendeka has finalized an exclusive agreement with Brastech Serviços Téchnicos E Construçoes Náuticas. Founded in 1972, Brastech has represented Brazilian and overseas companies within the energy sector for 45 years.  The company has played

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European Commission Approves GE’s Acquisition of Baker Hughes

June 6, 2017

The European Commission has approved General Electric’s (GE) purchase of oilfield services company Baker Hughes without any conditions. The EC said that the $1.7bn merger deal between the firms will not have any adverse affect on competition in relevant markets.

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