ADNOC Drilling Company has announced that it has received a letter of award for a $1.63 billion, five-year contract for Integrated Drilling Services (IDS) from ADNOC Offshore. This landmark award reinforces ADNOC Drilling’s unique position within ADNOC Group and as the region’s leading provider of advanced, integrated energy services, reflects the strength of its strategy…
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Technip Energies has been awarded a Front-End Engineering Design (FEED) contract by Jet Zero Australia Pty Ltd (Jet Zero) for Project Ulysses, a bioethanol to sustainable aviation fuel (SAF) project located in Townsville, Australia.The FEED covers an extensive package of engineering activities, documentation and planning to refine the cost estimate for the project and develop…
KBR has announced that it has been awarded a second ammonia cracking technology contract by Hanwha Impact Corporation for its clean power generation facility in Korea.Under the terms of the agreement, KBR will provide technology licensing, proprietary engineering design and equipment, and services for a 214 metric tons per day hydrogen facility. The plant will…
SAMSUNG E&A has announced that it has been appointed as a contractor for its upcoming Polylactic Acid (PLA) production plant in the United Arab Emirates. The strategic project, officially named Falcon PLA Project, will deliver a cutting-edge facility producing a biodegradable and environmentally friendly plastic alternative and solidifies Emirates Biotech commitment to environmental responsibility and…
Aker Solutions has been awarded a contract for the Northern Lights Phase 2 project by Equinor as technical service provider on behalf of the Northern Lights joint venture. The award follows Aker Solutions’ delivery of the first phase of this project in 2024.Northern Lights Phase 1 is part of Norway's Longship project that will establish…
ADES has announced that it has signed a contract renewal for one of its standard offshore jackup rigs. The unit was among the six suspended rigs that were previously operating in the Kingdom of Saudi Arabia (“KSA”).The contract renewal is for a firm duration of ten years, adding significant long-term revenue visibility and backlog sustainability.The…
Saudi Aramco & Sinopec to Expand Yasref Petrochemicals Complex Under New Venture Framework Agreement
Aramco, China Petroleum & Chemical Corporation (Sinopec), and Yanbu Aramco Sinopec Refining Company (Yasref) has announced the signing of a Venture Framework Agreement (VFA) intended to pave the way for a major petrochemical expansion at Yasref, in Yanbu, on the west coast of Saudi Arabia.Coinciding with Yasref’s 10th anniversary, the agreement seeks to advance engineering…
Technip Energies has been awarded a major contract by Blue Point Number One, a joint venture between CF Industries, JERA, and MITSUI & CO, for the BluePoint Number One ATR Project in Donaldsonville, Louisiana.This project aims to deliver the world's largest low-carbon ammonia plant with a capacity of approximately 1.4 million metric tons per year.Technip…
Wood has won a three-year contract to provide specialist technical support to Petroleum Development Oman (PDO) - the country’s primary oil producer.Under the contract, 65 of Wood’s engineering and project management specialists will form part of PDO’s front-end engineering design (FEED) office, delivering complex front-end energy transition and carbon capture projects for PDO.The cohort will…
SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico.SLB will oversee the delivery of 18 ultra-deepwater wells using an integrated services approach and AI-enabled drilling capabilities to improve operational efficiency and well quality. The full scope of the contract includes digital directional drilling…
McDermott has been selected by Shell Global Solutions International B.V. for an Enterprise Framework Agreement (EFA) for engineering and procurement services and integrated project management team services (IPMT). The EFA has a duration of three years with two one-year optional extensions.The scope of the agreement encompasses the full suite of McDermott's offerings across its Low…
Saipem has been awarded new contracts in Middle East and Guyana for a total amount of approximately 720 million USD.The first contract encompasses the engineering, procurement, construction and installation (EPCI) activities for the repair of damaged subsea pipelines for a major client in Middle East. The duration of the project is expected to last 3 years and it emphasizes the growing importance of the…