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Rowan and Saudi Aramco Form New JV Offshore Drilling Company, Saudi Arabia
November 23, 2016
Rowan Companies and Saudi Aramco have entered into an agreement to create a joint venture that will own, operate, and manage offshore drilling rigs in Saudi Arabia. By using Rowan’s established business in Saudi Arabia as its base, the new
Eni Approves $8 Billion Investment Plan for Coral South Project, Offshore Mozambique
November 23, 2016
Italy’s Eni has announced its investment decision for the first phase development of the Coral South project located in the deep waters of the Rovuma Basin (Area 4), offshore Mozambique. The Eni’s investment approval for the project, which already secured
Woodside Completes Acquisition of BHP Billiton’s Scarborough Assets for $150 Million
November 18, 2016
Australian oil exploration and production company, Woodside Petroleum has completed the acquisition of half of Scarborough area assets from BHP Billiton. The acquisition has been completed for $250m as purchase price and a contingent price of $150m. The payment of
BAM ICONSA JV to Design LNG Jetty for Costa Norte LNG Terminal, Panama
November 18, 2016
A joint venture consisting of BAM International, the operating company of Royal BAM Group active outside Europe, and ICONSA, a marine construction company active in Panama, has been awarded the contract to design and construct an LNG import jetty and
Senex Energy Completes Pilot Plant Development at Western Surat Gas Project, Australia
November 18, 2016
Senex Energy(Senex) has completed the first pilot development in the Western Surat Gas Project in Queensland, Australia. The Glenora pilot marks the commencement of the development of Senex’s Western Surat Gas Project, which involves the extraction of gas from coal
GTC Technology Secures Contract for JG Summit Petrochemicals for BTX Extraction Unit, Philippines
November 17, 2016
GTC Technology has signed an agreement with JG Summit Petrochemical Corp to provide its GT-BTX® and GT-DWC℠ licensed technologies for an aromatics extraction unit at JG Summit’s petrochemical complex in Batangas, the Philippines. JG Summit currently has approximately 210,000 tonnes/year
Technip Awarded Modernization Contract for SOCAR Azerikimya Petrochemical Complex, Azerbaijan
November 17, 2016
Technip has been awarded by SOCAR a contract for engineering procurement and construction (EPC) services for the SOCAR Azerikimya plant, located in the city of Sumgait, Azerbaijan. The scope of work includes: the modernization of the EP-300 steam cracker with
Technip and FMC Technologies Receive EPCI Award for Statoil’s Trestakk Development, Norwegian Sea
November 17, 2016
The FMC Technologies and Technip alliance has received an integrated engineering, procurement, construction, and installation (EPCI) contract from Statoil for its Trestakk field in the Norwegian Sea. The contract was won based on an optimized subsea field layout, accomplished through
Aker BP Begins Production from Viper-Kobra, Offshore Norway
November 16, 2016
Aker BP announces the start-up of production from Viper-Kobra, which is tied back to the Alvheim FPSO offshore Norway. “The Viper-Kobra project is developed on time, on budget and is a small, but important project for Aker BP. Viper-Kobra leverages
Ophir, OneLNG to Set Up Joint Company to Develop $2 Billion Fortuna FLNG Project, Offshore Guinea
November 16, 2016
Oil and gas explorer Ophir Energy and OneLNGSM have agreed to form a joint operating company (JOC) to develop the Fortuna floating liquefied natural gas (FLNG) project offshore Equatorial Guinea. OneLNGSM, a joint venture between subsidiaries of Golar LNG and
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