Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo) for the Bonga North Project, relevant to the development of a deepwater oil field, 130 km off the coast of Nigeria. The overall value of the contract is about…
Subsea7 announced the award of a substantial contract by Aramco under a long-term agreement.
The contract scope includes the decommissioning of existing subsea facilities as well as engineering, procurement, construction, and installation of a new pipeline and subsea equipment at the Abu Safah field, located offshore Saudi Arabia. Engineering activities will begin immediately, with offshore operations…
SLB has announced that its OneSubsea joint venture has been awarded a contract by Petrobras, following a competitive tender, to supply two subsea raw seawater injection (RWI) systems aimed at enhancing recovery from the highly productive Búzios field.
The subsea RWI systems will help to increase the production of floating production storage and offloading (FPSO) vessels,…
QatarEnergy has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation, to acquire a working interest in the Petroleum Exploration License and Petroleum Agreement for Block 2813B (PEL0090), offshore Namibia.
Pursuant to the agreement, QatarEnergy will acquire a 27.5% interest, while HEL (the operator) will retain a 52.50% interest. The…
Wood has secured a contract worth around $17 million from a leading petrochemical company in the Middle East to improve efficiency and reduce emissions on a process manufacturing plant.
Under this 18-month contract, Wood is providing consultancy and engineering services, process technology and specialist equipment to enhance operations by adding a new heat recovery unit to an…
Saipem has received the final award for the two projects Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT) for the development of offshore facilities for the transportation and storage of CO2 of the East Coast Cluster in the United Kingdom. The overall value of the two projects is approximately €650 million, with a…
Technip Energies in consortium with GE Vernova and construction partner Balfour Beatty – with the support of technology partner Shell Catalysts & Technologies – received Notice to Proceed by NZT Power Limited to execute a major contract for the Net Zero Teesside Power (NZT Power) project in the United Kingdom.
NZT Power has reached financial…
Samsung C&T Engineering and Construction (E&C) Group has secured a $2.84 billion EPC contract for a desalination and combined cycle power plant in Qatar under a consortium with Japan’s Sumitomo Corporation. The project, expected to be completed in 2029, will supply 16% of Qatar’s electricity and 17% of its desalinated water.
Samsung C&T E&C Group has…
Fluor Corporation has announced that it has signed a Front-end Engineering and Design (FEED) contract with Heidelberg Materials for its GeZero project to integrate an industrial-scale carbon capture and storage solution into its cement production facility in Geseke, Germany. Fluor will recognize the undisclosed contract value in the fourth quarter of 2024.
“GeZero is a…
Aramco has signed a shareholders’ agreement with Linde and SLB, paving the way for development of a Carbon Capture and Storage (CCS) hub that is expected to become one of the largest globally. Under the terms of the shareholders’ agreement Aramco will take a 60% equity interest in the CCS hub, with Linde and SLB…
Kent has announced it has been awarded a three-year global Engineering, Procurement, and Construction Management (EPCm) framework contract by bp (P&O Projects). This contract includes options for two additional 2-year extensions and positions Kent as a key partner to bp in delivering world-class project services across bp’s global asset portfolio.
The framework covers the full…
Woodside has signed a revised lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel for the development of the three train 16.5 million tonnes per annum foundation development of Louisiana LNG.
Bechtel has worked on site since the acquisition and will continue work under a limited notice to proceed (LNTP) executed under the revised…