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UKOOG Signs MOU with Industry Association Group East of England Energy
July 29, 2016
United Kingdom Onshore Oil And Gas (UKOOG), the representative body for the UK onshore oil and gas industry, has agreed a partnership with the East of England Energy Group (EEEGR), the industry association for energy producers, supply chains and skill
UK Oil and Gas Authority Opens Up Licensing Bidding for Offshore Oil and Gas Drilling
July 29, 2016
The UK Oil and Gas Authority (OGA) opened the 29th licensing round, inviting companies to apply for new licenses to drill for offshore oil and gas in the UK Continental Shelf (UKCS). Firms are allowed to bid for offshore oil
World Bank Increases Oil Price Forecast for 2016
July 29, 2016
The World Bank offered some respite to non-Opec oil exporters on Wednesday by upping its oil price forecast for 2016. The bank increased its projection to US$43 from US$41 due to supply disruption and buoyant demand in the second quarter.
RusTechnip Awarded EPC Contract at Gazprom Neft Refinery, Russia
July 28, 2016
RusTechnip has been awarded a service contract for the existing Gazprom Neft Refinery located in Omsk, Russia. The scope of work covers the engineering, procurement and construction management services for the construction of a new Crude Distillation Unit – Vacuum
Woodside Awards Technip Large Subsea Contract for Greater Enfield Development, Western Australia
July 28, 2016
Technip has been awarded a large subsea contract by Woodside to support the development of the Greater Enfield Project offshore Western Australia, at a water depth comprised between 340 and 850 meters. The contract covers project management, design, engineering, procurement,
Saudi Aramco Signs Engineering Contracts for $13.3 Billion Fadhili Gas Processing Project
July 27, 2016
Oil giant Saudi Aramco has awarded four engineering contracts for the proposed SAR50bn ($13.3bn) Fadhili gas processing project. Upon completion by the end of 2019, the Fadhili gas project is expected to become a key component of the country’s master
GeoPark Achieves Further Development Drilling Success at Jacana Oil Field, Colombia
July 26, 2016
GeoPark Limited has reported successful drilling and testing of the Jacana 4 development well in the Jacana oil field in the Llanos 34 Block (GeoPark operated with a 45 percent working interest) in Colombia. GeoPark drilled and completed the Jacana
SNC-Lavalin Awarded Support Services Contract for Oryx’s Gas-to-Liquids Complex, Qatar
July 22, 2016
SNC-Lavalin (SNC) has been awarded an engineering consultancy and support services contract by Oryx GTL, a joint venture between Qatar Petroleum (51 percent) and Sasol of South Africa (49 percent), for its gas-to-liquids (GTL) complex at Ras Laffan Industrial City
OneSubsea Awarded $300 Million EPC Contract for Woodside Energy’s Greater Enfield Project, Offshore
July 22, 2016
OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction contract totaling approximately $300m from Woodside Energy. OneSubsea will supply a subsea production system and a dual multiphase boosting system for the Greater Enfield Project, offshore northwest Australia.
Jazan Gas Projects Company Begins Construction of $1.2 Billion Industrial Gas Facility, Saudi Arabia
July 22, 2016
Jazan Gas Projects Company (JGPC) has commenced the construction of the $2.1bn industrial gas complex in Saudi Arabia. ACWA and US-based Air Products formed a joint venture, Jazan Gas Projects Company, following receiving contract from Saudi Aramco in 2015 to
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