PTAS Aker Solutions has secured a significant two-year contract extension to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP). The extension is a result of the customer exercising an option included in the current agreement.
PTAS Aker Solutions, a local joint venture between Aker Solutions and the Brunei company PTAS Sdn Bhd, has…
Wood has secured a series of decarbonisation contracts worth $100 million to deliver flare gas reduction and carbon efficiency solutions across Iraq’s largest oil fields.
Under these contracts, Wood will provide brownfield engineering, procurement and construction (EPC), and modification services to improve operational efficiency and reduce environmental impact—supporting Iraq’s target to cut gas flaring by…
ADNOC Drilling Company PJSC has announced that the award of a $1.15 billion, 15-year contract for two jack-up rigs by ADNOC Offshore in support of its growing offshore operations. The contract will follow existing agreements, bringing accretive rates that generate long-term revenue and attractive returns..
Abdulrahman Abdulla Al Seiari, ADNOC Drilling CEO, said: “This new contract…
NesmaKent Energy Company (NKJV), a pioneering joint venture between Nesma & Partners (N&P) and Kent, has signed a strategic contract with Aramco to lead the commencement of phase one of the National EPC Champion Initiative. This milestone marks the commencement of the first Project Management Consultancy (PMC) contract, reinforcing NesmaKent’s role as a key partner in…
The construction division of Samsung C&T is set to launch infrastructure projects in Qatar Free Zones.
Samsung C&T President and CEO Oh Se-chul and Qatar Free Zone Authority CEO Sheikh Mohammed Al-Thani have announced plans to initiate infrastructure projects within Qatar Free Zones.
Samsung C&T’s construction division has signed a business agreement with the Qatar…
Daewoo E&C announced that it had signed a contract with Turkmenhimiya, the state chemical corporation of Turkmenistan, to build a $784 million (approximately KRW 1.081 trillion) phosphate fertilizer plant in the eastern city of Turkmenabat. Daewoo E&C President Kim Bo-hyun personally attended the ceremony, highlighting the project’s significance.
This contract follows Daewoo E&C's selection as the…
Worley has been selected by AbraSilver Resource Corp. to lead engineering for the Definitive Feasibility Study (DFS) of the Diablillos silver-gold project in Salta and Catamarca Provinces, Argentina.
The study will incorporate the updated Mineral Reserve Estimates and assess various opportunities in mine planning, infrastructure, power supply and key capital components. Worley expects to deliver the…
Wood has been awarded a contract to deliver the detailed engineering design for ‘Package 5’ of ADNOC Offshore’s Lower Zakum Long-Term Development Phase 1 (LTDP1) project, located on Das Island in the United Arab Emirates (UAE). The contract was secured from Target Engineering Construction Company (Target Engineering), the appointed Engineering, Procurement and Construction (EPC)…
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) has secured approval for its development of the Anambas block in Indonesia, where it aims to acquire more projects, officials said. KUFPEC will invest about $1.54 billion to develop the Anambas block to produce 55 million standard cubic feet a year with an estimated 185 billion cubic feet…
SLB has announced the award of a substantial engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea™ joint venture and Subsea7 for the Ginger project offshore Trinidad and Tobago.
The Ginger project is the first project award under the global framework agreement between bp and Subsea Integration Alliance partners SLB OneSubsea and Subsea7.
Building…
SAMSUNG E&A has won a contract for the main construction of the Songdo Bio Raw Materials Plant from global life science company Sartorius.
SAMSUNG E&A announced that it had signed a KRW 518.62 billion contract with Sartorius Korea Operations LLC for the ‘Sartorius Songdo Campus’ in Korea. The contract signing ceremony held at E&A’s Global Engineering…
The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro has won new orders in India and abroad.
In India, it has won an order to implement 765kV and 400kV transmission line segments associated with a Renewable Energy Zone in Uttar Pradesh.
Prior to this, the business secured an order for turnkey construction of…