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Petrofac and MFDevCo Join Forces to Maximize Recovery, UK
July 8, 2019
Petrofac has entered into a collaboration agreement with Marginal Field Development Company (MFDevCo) for the pursuit of opportunities in the recovery of stranded gas resources. Under the agreement, the companies will work together to engineer, deliver and operate gas to
Lundin Secures Development Plan Approval for Solveig Field, Offshore Norway
July 1, 2019
The Solveig field, which is located on the Utsira High in production license 359, will be developed as subsea tie-back to the Edvard Grieg platform. Lundin Norway, a wholly owned subsidiary of Lundin Petroleum, has secured final approval from the
Africa Oil and Partners Sign Head of Terms to Advance Project Oil Kenya
July 1, 2019
FID on the first ever oil development in Kenya is expected to be taken in 2020, with first oil to be drawn three years following the investment decision. Africa Oil and its partners have signed heads of terms agreements with
BHGE Opens Subsea Centre of Excellence in Montrose, Scotland
June 27, 2019
Baker Hughes, a GE company opened its transformed Centre of Excellence (CoE) facility today at an inauguration ceremony with Minister for Energy, Paul Wheelhouse, customers and employees. The world-class CoE will deliver engineering, manufacturing, test and assembly and services to
Pavilion Energy to Acquire Iberdrola’s LNG Asset Portfolio for $3.5 Billion
June 25, 2019
The sale of its LNG assets to Pavilion Energy is part of Iberdrola’s $3.5 billon non-strategic asset rotation plan Pavilion Energy, a Singapore-based LNG company, has signed an agreement with Iberdrola, a Spanish electric utility company, to purchase its portfolio
INPEX Submits Revised Plan of Development for Abadi LNG Project, Indonesia
June 24, 2019
The onshore Abadi LNG project, which will have an annual production capacity of 9.5 million tonnes, is slated to begin production in the latter half of 2020s Japanese oil and gas firm INPEX has submitted a revised plan of development
INPEX Signs Agreement with Indonesia to Advance Abadi LNG Project
June 20, 2019
Japan’s INPEX and Indonesian authorities have inked a heads of agreement (HOA) on the basic principles pertaining to a revised plan of development (POD) of the proposed $15 billion (£11.91 billion) onshore Abadi LNG Project in Indonesia. The Abadi LNG
AECOM Signs Agreement with Toshiba to Perform Nuclear Decommissioning Services in Japan
June 19, 2019
AECOM and Toshiba have signed an alliance agreement to work together on decommissioning nuclear reactors in Japan. This is a major step forward that combines AECOM’s 30 years of experience in nuclear decommissioning with Toshiba’s long history of supporting the
Halliburton Awarded Offshore Exploration Contract With Shell, Brazil
June 19, 2019
Halliburton Company has executed an integrated services contract with Royal Dutch Shell for post-salt development and pre-salt exploration in Brazil’s Campos and Santos Basins. Under the contract, which includes a three-year term with a two-year extension, Halliburton will provide drilling
INVISTA and Koch-Glitsch Expand Partnership to Offer Innovative ExoS Technology
June 17, 2019
INVISTA Performance Technologies (IPT) and Koch-Glitsch, affiliates of Koch Industries Inc., announced today an expansion of their partnership to offer the proprietary ExoS technology to customers. The technology allows refineries to generate an olefin rich C6/C7 raffinate with less than
