Oil & Gas News

Keystone Gulf Coast Expansion Approved

TransCanada Corporation today announced the National Energy Board (NEB) approved the company's application to construct and operate the Canadian portion of the Keystone Gulf Coast Expansion Project.
12/03/2010 More »

BP Enters Deepwater Brazil and Strengthens Core Portfolio

BP will pay Devon Energy $7.0 billion in cash for assets in Brazil, Azerbaijan and the US deepwater Gulf of Mexico. These include interests in ten exploration blocks in Brazil, including seven in the prolific Campos basin; a major portfolio of deepwater exploration acreage and prospects in the US Gulf of Mexico; and an interest in the BP-operated Azeri-Chirag-Gunashli (ACG) development in the Caspian Sea, Azerbaijan.
11/03/2010 More »

SNC-Lavalin Awarded Contract for Junin 2 Block in Venezuela

SNC-Lavalin awarded engineering services contract for Empresa Mixta Petromacareo Project by PDVSA Engineering & Construction, a subsidiary of Venezuela's state-owned oil company, Petróleos de Venezuela S.A (PDVSA),.
11/03/2010 More »

Statoil Increases Share in St Malo

Statoil increases its working interest in the Union-operated St Malo development to 21.5% by exercising its preferential rights on a proposed sale of Devon's share in the development. Union is a subsidiary of Chevron.
10/03/2010 More »

Honeywell Signs Agreement to Provide Technology and System-Design for Shell

Honeywell sign global five-year agreement to be a Main Automation Contractor (MAC) for Shell. The Global Framework Agreement (GFA) is part of Shell's long-term MAC strategy to maximize production while lowering total operating costs by equipping its worldwide facilities with integrated process automation technology.
09/03/2010 More »

Chevron Well-Positioned for Future Growth

Chevron Corporation enters the decade with an upstream portfolio of major capital projects that uniquely positions the company for future growth, executives said today at a meeting with financial analysts in New York.
09/03/2010 More »

Further Development of the Giant Azeri-Chirag-Gunashli Oil Field in Azerbaijan

Important new step taken on 9 March to further develop the giant Azeri-Chirag-Gunashli oil field in Azerbaijan when Statoil and the ACG partnership signed a USD 6 billion investment agreement to develop the Chirag Oil Project.
09/03/2010 More »

Jacobs Receives Two-Year Contract from Canaport LNG

Jacobs Engineering Group Inc. receives two-year contract from Canaport LNG for provision of maintenance and related services at the company's LNG Terminal in Saint John, New Brunswick, Canada. Canaport LNG is a limited partnership between Repsol (75%) and Fort Reliance (25%) with Canaport LNG acting as developer, owner and operator of the facility.
09/03/2010 More »

Shell and Technip-Samsung Consortium Take Next Step on Prelude Floating LNG Facility

Shell signs two contracts with Technip and Samsung Heavy Industries consortium for the Prelude floating liquefied natural gas (LNG) project off the coast of Western Australia. These contracts formalize the announcement made by Shell in October 2009 that Prelude is in the engineering and design phase of development.
09/03/2010 More »

FMC Technologies Receives $62 Million Contract to Support Marulk Field Development

FMC Technologies signs agreement with Statoil ASA for manufacture and supply of subsea production equipment to support the Marulk field. The award, a call-off from FMC's existing frame agreement with Statoil, has a value of approximately $62 million in revenue to FMC Technologies.
09/03/2010 More »

Discussions Underway to Acquire Arrow Energy Limited

Shell Energy Holdings Australia Ltd. (Shell), a subsidiary of Royal Dutch Shell plc, confirms it is participating in discussions to acquire Arrow Energy Limited (Arrow), excluding its international assets.
09/03/2010 More »

New Company Wood Group Wagners Launched by Premier of Queensland

Wood Group Wagners Pty Ltd, a new joint venture company set up by international energy services company Wood Group and Toowoomba-based Wagners launched by The Honourable Anna Bligh MP, Premier of Queensland in Parliament House, Brisbane.
09/03/2010 More »

EDF and Total Sign Agreement in Planned Dunkirk LNG Terminal

EDF and Total sign agreement whereby Total will reserve regasification capacity in the planned Dunkirk LNG terminal being developed by Dunkerque LNG, a wholly owned EDF subsidiary, and will also acquire an interest in the company.
09/03/2010 More »

Aker Solutions Wins Major Contract for Two FPSOs in Brazil

Aker Solutions signs contract with Petrobras to supply sulphate removal units for two FPSOs (Floating Production Storage and Offloading) platforms which will operate offshore Brazil.
08/03/2010 More »

GE Oil & Gas Power Generation and Subsea Equipment Wins Bring Gorgon Project Awards to Over $1.1 Billion

GE Oil & Gas technology again selected to support the development of Gorgon, one of the world's largest untapped natural gas fields, which also features one of the world's largest ever carbon-dioxide (CO2) sequestration technology projects.
08/03/2010 More »

Statoil ASA and the State Reach Settlement in Kårstø Expansion Case

Statoil ASA and the State, represented by the Norwegian Ministry of Petroleum and Energy, today reached a settlement in the Kårstø expansion case. Statoil is pleased that this case has now been finally solved.
05/03/2010 More »

Costain's Energy & Process Business Moves Into The North East

Costain establishes new North East operation for its Energy & Process business. Costain's Teesside Operations is based in Stockton and is part of its specialist Energy & Process division. Initially, the business will employ 30 people based in its office on Preston Farm Industrial Estate.
04/03/2010 More »

Proposed Demerger of UK Continental Shelf Oil & Gas Assets of Petrofac Energy Developments to Create EnQuest PLC

Board of Petrofac ("the Board") today announces its intention to demerge Petrofac Energy Developments Limited ("PEDL") from the Petrofac group and combine it with the UK Continental Shelf oil & gas assets of Lundin Petroleum AB ("Lundin") to form a new company, EnQuest PLC ("EnQuest") (the "Demerger").
04/03/2010 More »

Lundin Petroleum Announces Intention to Spin-off its United Kingdom Business and Distribute Shares to its Shareholders

Lundin Petroleum AB (publ) (Lundin Petroleum) announces its intention to spin-off its business in the United Kingdom into a newly formed UK company called EnQuest PLC (EnQuest), in exchange for shares of EnQuest. The shares of EnQuest received by Lundin Petroleum will then be distributed to Lundin Petroleum shareholders.
04/03/2010 More »

CB&I to Supply Gas Processing Plant for Camisea Expansion Project in Peru

CB&I awarded contract to supply a cryogenic natural gas processing plant in Malvinas, Peru, as part of an expansion of the Camisea gas project. CB&I's contract is with Pluspetrol Peru Corporation S.A. as operator and contract administrator, acting on behalf of the licensees.
04/03/2010 More »

Technip Awarded Flexible Pipe Supply Contract by China National Offshore Oil Corporation

Technip awarded by China National Offshore Oil Corporation (CNOOC) a flexible pipe supply contract for the Lufeng 13-1/13-2 oil fields, located in the South China Sea. Technip's operating center in Kuala Lumpur, Malaysia, will execute this contract.
04/03/2010 More »

Cape Wins Offshore Contract in Dutch Sector of the North Sea with Total

Cape awarded three year contract with Total E&P Nederland B.V., with an estimated value in excess of €15 million. Cape will be providing a full range of offshore multi-disciplinary services including coatings, insulation, access and related services to all 21 of Total's offshore installations in the Dutch sector of the North Sea from March 2010.
02/03/2010 More »

BP Outlines Plan To Improve Financial Performance While Growing Production Through 2020

BP today outlined plans to further boost efficiency and reduce costs with the aim of improving its annual underlying pre-tax profitability by more than $3 billion over the next two to three years.
02/03/2010 More »

Jacobs Receives Contract for Sulfur Recovery Unit From Saudi Aramco

Jacobs Engineering Group Inc. announced today it received a contract from Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia, to develop a basic engineering package for four sulfur recovery units. Project will be executed from Jacobs office in Calgary, Alberta, Canada.
02/03/2010 More »

Offshore Industry Advisory Committee (OIAC) Workforce Involvement Group (WIG)

Two more worker involvement events to be run by the Offshore Industry Advisory Committee (OIAC) Workforce Involvement Group (WIG) Following the success of events held last year in Aberdeen and Norwich another couple of similar events are being run in March 2010.
02/03/2010 More »

Technip/Chiyoda Awarded Contract for PMP Onshore Facilities in Qatar

Technip, leader in a joint venture with Chiyoda, awarded by Qatar Liquefied Gas Company Limited (Qatargas 1*) an engineering, procurement and construction contract for the Plateau Maintenance Project (PMP) in Ras Laffan, Qatar. Technip and Chiyoda previously carried out the feasibility study, pre-front-end engineering design (pre-FEED) and FEED of the facilities.
26/02/2010 More »

Total Awards FMC Technologies $65 Million Contract

FMC Technologies signs agreement with Total Exploration and Production Angola for the manufacture and supply of subsea production equipment. The equipment will support Total Angola's Block 17 development, located offshore Angola, West Africa.
26/02/2010 More »

Oil & Gas UK Highlights Rise in Reserves but Warns of the Investment Challenge

The UK still offers significant opportunity for offshore oil and gas development but companies are finding it increasingly difficult to turn new reserves into economic production, according to industry body Oil & Gas UK. The organisation published its annual forecast of offshore oil and gas exploration and development activity in the UK, based on a survey of the spending plans of over 70 companies.
26/02/2010 More »

Energy Security Boost as DECC Licenses Major Gas Storage Project

Gateway Gas Storage project receives the first gas storage licence to be issued by the UK Government under new regime designed to encourage the construction of new storage facilities in this country.
26/02/2010 More »

Gudrun Plan Submitted to Authorities

Plan for development and operation (PDO) of the North Sea Gudrun field submitted to the Ministry of Petroleum and Energy for approval. Norwegian Parliament expected to approve the field development before the summer.
26/02/2010 More »

Schlumberger and Smith International Announce Agreement

Schlumberger Ltd and Smith International, Inc. jointly announced today that their Boards of Directors unanimously approve definitive merger agreement in which the companies would combine in a stock-for-stock transaction.
25/02/2010 More »

Technip Awarded Two contracts for Field Developments in the UK North Sea

Technip awarded by Talisman Energy (UK) Limited two engineering, procurement and installation contracts for development of the Auk North and Burghley fields. Technip's operating center in Aberdeen, Scotland will execute the contracts. Pipelines will be welded at Technip's spoolbase in Evanton, Scotland.
23/02/2010 More »

Technip Awarded Subsea Contract in the Mediterranean Sea

Technip awarded lump sum contract by Repsol Investigaciones Petroliferas SA for development of two fields located off the east coast of Spain. Technip's operating center in Paris, France, will execute this contract.
23/02/2010 More »

Suncor Energy Reports Planned Repair Schedule for Damaged Upgrader

Suncor Energy Inc. completes its assessment and expected schedule to repair portions of an oil sands upgrader (U1) damaged by fire in early February. Repairs are currently underway and the company now expects the upgrader to return to production in early April.
23/02/2010 More »

Wood Group Awarded Operations & Maintenance Contract by Chevron North Sea Limited

Wood Group awarded operations and maintenance support services contract by Chevron North Sea Limited ("Chevron") for its Alba, Captain and Erskine fields. Worth an estimated £12 million over the three initial years, the contract was effective from 8th February 2010, and includes two one-year extension options exercisable by Chevron.
23/02/2010 More »

Wood Group GTS Awarded $150m Contract to Support PERU LNG

Wood Group GTS awarded long-term service agreement by PERU LNG worth US$150 million over an 18-year term. Wood Group GTS will provide a service and maintenance program to maximise machine availability of the gas turbines, compressors and generators for PERU LNG at their Pampa Melchorita site south of Lima.
22/02/2010 More »

Statoil Awards Aker Solutions EPC Contract for Gudrun Jacket

Statoil awards Aker Solutions an EPC contract for the Gudrun jacket. Contract will be executed by the Aker Solutions yard in Verdal, and includes engineering, procurement, construction, load-out and sea-fastening of the steel jacket and associated piles.
22/02/2010 More »

Technip: Charge for Potential Resolution of TSKJ Nigeria Matter in the US; Q4-09 Operating Performance Above Expectations

Ahead of the release of its full year results on February, 18, Technip gives an update on the TSKJ Nigeria matter and on its fourth quarter 2009 activity.
12/02/2010 More »

CB&I Awarded Topsides Engineering Project in Barents Sea

CB&I awarded contract by Hyundai Heavy Industries to provide engineering services for the Goliat Floating Production, Storage and Offloading (FPSO) project. The project, which is owned by Eni (65%) and StatoilHydro (35%) and operated by Eni Norge, is the first oil development in the Norwegian sector of the Barents Sea.
11/02/2010 More »

J P Kenny Wins Subsea Contract with TAQA Bratani Limited

J P Kenny, subsidiary of Wood Group, awarded multi-million pound contract for subsea engineering & management services by TAQA Bratani Limited in support of all TAQA's assets in the North Sea.
11/02/2010 More »

Air Products Commences Tender Offer to Acquire All Outstanding Shares of Airgas for $60.00 Per Share in Cash

Air Products commences fully financed tender offer for all outstanding common shares of Airgas, Inc. (NYSE:ARG) for $60.00 per share all in cash. Offer and withdrawal rights will expire at 12:00 midnight New York City time on April 9, 2010, unless extended.
11/02/2010 More »

Expro Enhances West African Presence with New Facility in Ghana

Expro today announces plans for new multi-million dollar facility in Takoradi, Ghana. Expro is currently operating in Takoradi with 28 employees working on the Tullow Oil Jubilee contract, supplying deepwater electro-hydraulic subsea services in addition to a range of other services.
11/02/2010 More »

Repsol Awarded Project to Develop Oil Reserves in Venezuela

Repsol led consortium awarded project to develop heavy crude oil reserves in Venezuela's Orinoco Oil Belt. The Carabobo area is located in the eastern part of the Orinoco Oil Belt which may hold up to 513 billion barrels of oil in place, according to the latest US Geological Survey.
11/02/2010 More »

Chevron Awarded Rights to Develop New Venezuelan Energy Project

Chevron Corporation today announced that a consortium led by its Venezuelan subsidiary has been selected to negotiate its participation in a project composed of three blocks in the Orinoco Oil Belt (Faja) of eastern Venezuela.
11/02/2010 More »

KBR Awarded Design Study Contract for Woodside's Browse LNG Development

KBR awarded contract by Woodside to execute a basis of design study for the company's Browse Liquefied Natural Gas (LNG) Development. The study will focus on Woodside's onshore LNG facilities within the Western Australian Government's proposed Browse LNG Precinct in the north of Western Australia.
11/02/2010 More »

FMC Technologies Signs Multi-Year Frame Agreement With Cobalt International Energy

FMC Technologies Signs Multi-Year Frame Agreement With Cobalt International Energy to provide subsea systems, including production trees, manifold hardware and distribution systems.
11/02/2010 More »

Browse Enters Basis of Design Phase

Woodside advises that the Browse LNG Development has now entered the Basis of Design phase. The Basis of Design phase determines the major design parameters which would enable the optimal development of the offshore gas fields and the onshore facilities south of James Price Point.
10/02/2010 More »

Oil & Gas UK: Business confidence improves in the UK oil and gas industry, but overall picture remains fragile

The Oil & Gas UK Index published today shows that business confidence appears to be returning to the UK oil and gas industry. The overall industry index rose by 6 points to 56 in the final quarter of last year from 50 in the previous quarter, suggesting that the sector, hit by low oil and gas prices and the freeze on access to capital in the earlier part of 2009, is emerging from the recession with more optimism than at any other point in the past 12 months.
10/02/2010 More »

Suncor Energy Agrees to Sell Non-Core Assets in Northeast B.C. to Progress Energy Resources Corp.

Suncor Energy reaches agreement with Progress Energy Resources Corp. to sell certain natural gas properties for approximately $390 million. Current production on these lands is approximately 43.8 million cubic feet equivalent per day (mmcfe/d).
10/02/2010 More »

Marathon Oil Corporation Completes Sale of Working Interest in Angola Block 32

Marathon Oil completes sale of 20 percent undivided working interest in the Production Sharing Contract and Joint Operating Agreement in Angola Block 32 to Sociedade Nacional de Combustiveis de Angola, Empresa Publica - (SONANGOL, E.P.)'s wholly owned subsidiary, Sonangol Pesquisa e Producao, S.A.
10/02/2010 More »

MSi's Engineering Simulator and Operator Training System Installed for Shell Perdido Project

Wood Group's Multiphase Solutions Inc. completes integration and deployment of its subsea simulation system, which is being used by Shell engineers to model operation of the Perdido project in the Gulf of Mexico.
10/02/2010 More »

Court Appointee in Chevron Ecuador Lawsuit Tied to Ecuador State-Owned Oil Company

In a court filing today in Lago Agrio, Ecuador, Chevron Corp. provided newly discovered information showing that the author of a report recommending that Chevron be ordered to pay $27 billion in damages is the majority owner of an oilfield remediation company that stands to gain financially from a judgment against Chevron.
09/02/2010 More »

Suncor Energy Responds to Fire at Oil Sands Upgrader

Suncor Energy responds to fire at approximately 12 a.m. today at one of the company's two oil sands upgraders (U1) north of Fort McMurray, Alberta. The area was immediately secured and all employees and contractors in the area were safely evacuated.
09/02/2010 More »

Jacobs Receives Construction Services Contract From ExxonMobil Production Company for Hawkins Field Project

Jacobs Engineering Group Inc. receives contract from ExxonMobil Production Company to provide construction services for ExxonMobil's enhanced oil and gas recovery project at the Hawkins Field in Wood County, Texas. At its peak, the ExxonMobil project expects to employ a construction workforce of about 300 people, a number of which are expected to come from the local area.
09/02/2010 More »

Foster Wheeler Awarded PMC Contract for LNG Terminal in Singapore

Foster Wheeler AG subsidiary awarded contract to provide project management consultancy services to Singapore LNG Corporation Pte Ltd, a fully owned subsidiary of the Energy Market Authority of Singapore.
09/02/2010 More »

Aker Solutions: Focusing on Keeping Competence and Winning Work

Eni Norge AS notified Aker Solutions that the company will not be awarded the EPC contract for delivery of the Goliat FPSO.
09/02/2010 More »

Emerson, Shell Sign Breakthrough Multi-Year Global Framework Agreement for Technologies & Services

Emerson Process Management announced today it has entered into a 5-year Global Framework Agreement (GFA) with Shell to serve as a Main Automation Contractor (MAC) on future capital projects globally.
09/02/2010 More »

Swiber Led Consortium Secures Notice of Award for EPCID Contract

Swiber Holdings announces yet another Notice of Award from leading oil and gas operator in South Asia worth approximately US$117.5 million awarded to Swiber and its consortium partner.
08/02/2010 More »

Eni Presents Proposal to European Commission for Remedies Related to its International Gas Pipelines

Eni presents to Directorate General for Competition of the European Commission a set of structural remedies related to some international gas pipelines.
08/02/2010 More »

BG Group Entering New Decade of High Growth

BG Group today present its annual strategy update and Fourth Quarter and Full Year 2009 results.
08/02/2010 More »

Petrobras Awards FMC Technologies $400 Million Subsea Tree Frame Agreement

FMC Technologies signs four-year subsea tree frame agreement with Petrobras, Brazil's national oil company. The award is expected to result in approximately $400 million in revenue to FMC Technologies if all of the subsea equipment included in the agreement is ordered.
05/02/2010 More »

Envia Therm Re-awards Wood Group $8 million Service Contract for GE Frame 6B Gas Turbines

Wood Group GTS renews its flexible service agreement with envia THERM GmbH (envia THERM) in Großkayna & Wolfen, Germany valued at approximately $8 million. Wood Group GTS under its flexible service agreement will exclusively provide a wide range of major maintenance services for planned and unplanned maintenance of envia THERM's four GE Frame 6B gas turbines.
04/02/2010 More »

Aker Solutions Signs Subsea Contract with Repsol

Aker Solutions signs contract with Repsol Investigaciones Petroliferas S.A. for delivery of subsea equipment to the Spanish oil company's Mediterranean wells. Project will be managed out of Oslo, Norway. Umbilicals and power cables will be manufactured in Moss, Norway. Control system will be manufactured in Aberdeen and Malaysia.
04/02/2010 More »

CNOOC Ltd. Welcomes 2010 with Higher Production Growth and Robust CAPEX Investment

CNOOC Limited today announced its 2010 business strategy and development plan and welcomes 2010 with higher production growth and Robust CAPEX Investment.
03/02/2010 More »

Statoil Evaluate New Ownership Structure for Group's Energy and Retail Business

Statoil's board of directors unanimously decided to evaluate new ownership structure for the group's energy and retail business. Stock-exchange listing is assumed to be the most likely solution and may take place in the fourth quarter of this year at the earliest.
03/02/2010 More »

Transfield Worley Services Win Contracts with Woodside Energy

Transfield Worley Services signs contracts to provide brownfield project and maintenance services to Woodside Energy's offshore gas production and onshore Liquefied Natural Gas processing facilities in Western Australia.
02/02/2010 More »

Foster Wheeler and SOFCON to Form Joint Venture in Saudi Arabia

Foster Wheeler signs Joint Venture Agreement to form jointly owned Saudi Arabian entity with A. Al-Saihati, A. Fattani and O. Al-Othman Consulting Engineering Company (SOFCON) in the Kingdom of Saudi Arabia.
02/02/2010 More »

SNC-Lavalin Awarded Study Contract for Nitrogen Injection / Nitrogen Rejection and Carbon Dioxide Injection Project in Abu Dhabi

SNC-Lavalin awarded contract by GASCO (Abu Dhabi Gas Industries Ltd.), a subsidiary of ADNOC, for front-end-engineering and pre-front-end-engineering (FEED and pre-FEED) studies for a Nitrogen Injection, in addition to a Nitrogen Breakthrough and Nitrogen Rejection and Carbon dioxide Recovery and Injection project in Abu Dhabi, UAE.
02/02/2010 More »

Marathon Sets 2010 Capital, Investment and Exploration Budget

Marathon Oil Corporation announces $5.1 billion capital, investment and exploration budget for 2010, a 17 percent decrease from 2009 capital spending. "Marathon's 2010 capital program will focus on Upstream activity, with an emphasis on the development of sanctioned projects, potentially significant exploration wells and advancing our growing resource plays," said Clarence P. Cazalot, Jr., Marathon president and CEO.
02/02/2010 More »

J. Ray McDermott - Keppel FELS Joint Venture Awarded Major Offshore Project

J. Ray McDermott awarded project for the P-61 Tension Leg Wellhead Platform for the Papa Terra Joint Venture, consisting of Petrobras and Chevron. J. Ray's scope is part of a larger project, comprising design, engineering, construction, transportation, installation, and a three-year limited operations contract, awarded to FloaTEC Singapore Pte, Ltd., a joint venture between Keppel FELS Ltd. and J. Ray.
01/02/2010 More »

AMEC Wins Deepwater P-63 FPSO Contract Offshore Brazil

AMEC selected by Brazilian company, QUIP, to perform basic engineering services for topsides of the P-63 floating production, storage and offloading (FPSO) vessel, to be operated on behalf of Petrobras, Brazil's national oil company.
01/02/2010 More »

Total to Create Technical Support Center and Refining Training Center at Flandres Refinery in Dunkirk, France

At a special meeting of the Central Works Council on February 1, 2010, to discuss the Flandres refinery's current situation and long-term future, Total stated that it hoped to continue studies currently under way to secure the future of the site, reflecting its commitment to reaching a comprehensive and satisfactory solution in terms of operations and employment.
01/02/2010 More »

Alaska Pipeline Project Files Open Season Plan with Federal Energy Regulatory Commission

Alaska Pipeline Project files its plan with the U.S. Federal Energy Regulatory Commission to obtain approval to conduct the first natural gas pipeline open season to develop Alaska's vast natural gas resources. Project is joint effort between TransCanada and ExxonMobil to develop a natural gas pipeline under the Alaska Gasline Inducement Act.
01/02/2010 More »

Petrofac Comment on Press Speculation

Petrofac, the international oil & gas facilities service provider, comments on press speculation concerning the possible demerger of its interests in the Don area of the North Sea.
01/02/2010 More »

Lukoil and Statoil Sign Contract for the West Qurna 2 Field in Iraq

Lukoil and Statoil sign development and production service contract for West Qurna 2 field in Baghdad Iraq. The Cabinet of Ministers of Iraq has ratified the contract.
01/02/2010 More »

Shell Sells Nigeria Assets to Consortium Led by Local Companies

Shell Petroleum Development Company of Nigeria Limited (SPDC) agrees to transfer its interest in three production licences and related equipment in the Niger Delta to a consortium led by two Nigerian companies.
01/02/2010 More »

Aker Solutions Expanding Offices at Fornebu

Aker Solutions enters into contract with construction company HENT to build new combined office and hotel building at the K2 site at Fornebu. Contracting party is Fornebu Gate 2 A/S, which will be owned 93% by Aker Solutions and 7% by Arthur Buchardt Invest AS.
31/01/2010 More »

Parsons Brinkerhoff to Advise on Development of Major UK Gas Storage System

Parsons Brinckerhoff appointed by Gateway Storage Company, to advise on the front end engineering design of underground salt caverns that will form the main structure for a critical new underground gas storage system for the UK.
29/01/2010 More »

Clough Investment in Peritus International

Clough strengthens their oil and gas focus with a 51% investment in Peritus International, a new global subsea and marine engineering firm that provides engineering design and project management services to offshore clients, with a particular focus on difficult and deepwater environments.
29/01/2010 More »

AMEC Acquires Leading Project Services Consultancy Currie & Brown (Australia)

AMEC announces the acquisition of Currie & Brown (Australia) Pty Ltd, a leading Australian cost and commercial management consultancy from its shareholders for AU$36.4 million in cash.
29/01/2010 More »

Total and Partners Petrochina and Petronas to Develop the Halfaya Oil Field in Iraq

Total announces that, within the framework of Iraq's second petroleum bidding round organized by the Iraqi Ministry of Oil on December 12th, 2009, the consortium led by PetroChina Company Ltd signed on January 27, 2010 a 20-year Development and Production Service Contract with Missan Oil Company for the development of the Halfaya oil field.
28/01/2010 More »

TOTAL and ERG Create TotalErg, a Joint Venture in the Italian Marketing and Refining Business

TOTAL and ERG sign agreement to create joint venture in the Italian marketing and refining business. TOTAL and Erg will hold equity stakes of, respectively, 49% and 51%. Created through the merger of TOTAL Italia and ERG Petroli, the joint venture will be called TotalErg and operate under both the TOTAL and ERG brands.
28/01/2010 More »

Aker Solutions With Lowest Bid for Subsea Frame Agreement

Aker Solutions lowest bidder for four-year frame agreement to supply 61 subsea trees to Brazilian national oil company Petrobras. This has been announced at a public bid opening in Brazil.
28/01/2010 More »

Petrobras Issues Clarification: Papa Terra Project

Petrobras clarify news published today by the press and to confirm the content of the media release distributed by Chevron Corporation regarding the Papa Terra project.
27/01/2010 More »

HM Treasury: Tax boost for West of Shetland Gas Fields

Oil companies operating in the most difficult to exploit areas of the UK Continental Shelf are to receive a boost under planned legislation from the Government. The measure could provide up to £160 million worth of tax relief for each gas field in the West of Shetland region that qualifies for the support.
27/01/2010 More »

Chevron Makes Final Investment Decision on Papa Terra Project Offshore Brazil

Chevron Corporation announced today that its Brazilian subsidiary will proceed with the development of the Papa Terra project as the company's second deepwater development offshore Brazil.
27/01/2010 More »

Keppel to Build Saudi Aramco's First Purpose-built Jackup

Keppel FELS Limited secures contract from Aramco Overseas Company B.V., a subsidiary of Saudi Aramco to build a customised KFELS Super B Class jackup rig. Contract is subject to notice from the owner to proceed with construction by May 2010.
27/01/2010 More »

Technip Awarded Augmentation Pipeline Contract at the Broom Field in UK North Sea

Technip awarded lump sum contract by Lundin Britain for augmentation pipeline at the Broom field in UK North Sea. Technip's operating centre in Aberdeen will execute the contract.
27/01/2010 More »

Gulfsands Receives Approval to Develop Yousefieh Oil Field by Syrian Authorities

Gulfsands receives confirmation from Syria's General Petroleum Corporation that Gulfsands Petroleum Syria Limited has been granted permission to develop the Yousefieh Oil Field accumulation in Block 26 North East Syria. A production licence of 25 years duration has been granted, with the possibility of an extension if required, for a further 10 years.
26/01/2010 More »

PDVSA and Eni Sign Agreement to Develop Junin 5 Giant Heavy Oil Field in Venezuela

Rafael Ramírez, Venezuela's Minister of Energy and Petroleum and President of PDVSA, and Paolo Scaroni, Eni's CEO, today signed three strategic agreements: an agreement for the development of Junin 5, a Technology Agreement and an MoU for the construction of a power plant.
26/01/2010 More »

Tullow Signs Sale and Purchase Agreement to Buy Heritage Ugandan Interests

Tullow Uganda Limited enters into Sale and Purchase agreement with Heritage Oil & Gas Limited and Heritage Oil Plc to purchase their entire interest in Block 1 and Block 3A in Uganda.
26/01/2010 More »

Wood Group To Provide Offshore Commissioning Solutions to BHP Billiton on Angostura Brownfield Project, Offshore Trinidad

Wood Group selected by BHP Billiton to provide commissioning services for the Angostura brownfield gas export expansion project, offshore Trinidad. Work will be performed by DSI, Wood Group's commissioning services business.
26/01/2010 More »

Chevron and Kyushu Electric Sign Multiple LNG Deals

Chevron Corporation today announced that its Australian subsidiaries have signed multiple Heads of Agreements (HOAs) with Kyushu Electric Power Co., Inc. for the delivery of liquefied natural gas (LNG) from the Chevron-operated Gorgon and Wheatstone natural gas projects.
26/01/2010 More »

Petrofac Provides Update on Area 22 Well in Don Southwest Field

Petrofac, Operator of the Don development, has provided the following update on the Area 22 well in the Don Southwest field.
25/01/2010 More »

Statoil Awards FMC Technologies $40 Million Contract

FMC Technologies announced today that it has signed an agreement with Statoil for the design and supply of subsea equipment to support its Snorre field, located in the North Sea.
25/01/2010 More »

ConocoPhillips and Statoil USA E&P Announce Shared Interest in Chukchi Sea, Gulf of Mexico

ConocoPhillips and Statoil USA E&P today announced that they have entered into a deal for Statoil to acquire a 25 percent working interest in 50 ConocoPhillips leases acquired in the Chukchi Sea federal OCS lease sale in 2008.
25/01/2010 More »

DNO International AS - Status Arbitration Proceedings

DNO Iraq AS (DNOI), a subsidiary of DNO International ASA (DNO), involved in arbitration proceedings related to certain third party interests in Kurdistan. Such third parties were not approved to be part of nor have any rights in the Production Sharing Contracts (PSC) signed by DNOI following the reviews which were completed in March 2008.
25/01/2010 More »

ConocoPhillips Announces Second Phase of Surmont Oil Sands Project

ConocoPhillips announces the second phase of the Surmont project, a Canadian oil sands steam-assisted gravity drainage (SAGD) facility. Phase 2, slated to begin initial construction in 2010, will increase Surmont's gross production capacity from 27,000 to 110,000 barrels per day.
25/01/2010 More »

ExxonMobil Signs Agreement with Iraq to Redevelop and Expand West Qurna-1 Field

ExxonMobil Corporation today announced that its affiliate ExxonMobil Iraq Limited signed an agreement with the Iraq Ministry of Oil to redevelop and expand the West Qurna-1 field in southern Iraq. Franklin said ExxonMobil also would continue discussions with the government on other opportunities to assist Iraq in developing the country's resources.
25/01/2010 More »

Technip and Subsea 7 Awarded Subsea Installation Contract for the CWLH Redevelopment Project in Australia

Technip and Subsea 7 awarded subsea installation contract by Australia's Woodside Energy Ltd. for the Cossack Wanaea Lambert Hermes redevelopment project in Western Australia. Project team is based in Technip's office in Perth, Western Australia.
25/01/2010 More »

Air Products Supplying Multiple LNG Heat Exchangers for Gorgon Project

Air Products signs agreement with Chevron Australia to supply its proprietary liquefied natural gas process technology and equipment for three process trains producing up to 15 million tons of LNG per annum at the Gorgon Project located offshore Western Australia.
22/01/2010 More »

Eni, Occidental Petroleum and KOGAS Sign Technical Service Contract with Iraq's South Oil Company and Missan Oil Company to Redevelop Zubair Field

Eni, Occidental Petroleum and KOGAS Sign Technical Service Contract with Iraq's South Oil Company and Missan Oil Company to Redevelop Zubair Field. The consortium, led by Eni (32.81%) with partners Oxy (23.44%), KOGAS (18.75%) and the Missan Oil Company (25%), plans to increase production from the Zubair field to 1.2 million barrels of oil a day, representing an increase of more than 1 million barrels of oil per day.
22/01/2010 More »

Swiber Secures Notice of Award in Consortium for EPCIC Contract

Swiber Holdings Limited today announced a Notice of Award from a leading oil and gas operator in South Asia worth approximately US$188.8 million awarded to Swiber and its consortium partner.
22/01/2010 More »

Cape Awarded £150 Million 5 Year North Sea Contract with BP

Cape plc awarded a five year Federal Contract for the provision of Fabric Maintenance Support and Deck Operations at all of BP's nine UK North Sea assets, together with Onshore Maintenance at BP's Dimlington Gas Terminal, with a total estimated value over the period of £150 million.
21/01/2010 More »

Eni Purchases ExxonMobil Downstream Activities in Austria

Eni signs sale and purchase agreement for shares of Mobil Oil Austria GmbH and Esso Austria GmbH, respectively to Agip Austria GmbH and to Eni International B.V. Through the transaction, Eni will acquire ExxonMobil oil downstream activities in Austria.
21/01/2010 More »

AMEC Awarded FEED for £600m Gateway Underground Gas Storage Project

AMEC, together with Parsons Brinckerhoff and Senergy, appointed by Gateway Storage Company to undertake the front-end engineering design for both the offshore and onshore elements of the £600 million Gateway offshore underground gas storage scheme.
21/01/2010 More »

Alliance Engineering and Statoil USA E&P Inc Sign Gulf of Mexico Frame Agreement

Wood Group's Alliance Engineering signs frame agreement with Statoil USA E&P Inc to provide engineering and design services for Statoil's upcoming Gulf of Mexico prospects. Frame agreement includes topsides engineering, design, and project management services for production facilities and field development studies.
21/01/2010 More »

Husky Energy Provide Sunrise Oil Sands Project Update

Husky Energy completes front end engineering and design (FEED) for Phase 1 of the Sunrise Oil Sands Project and obtains necessary approvals from the Government of Alberta, Environment Department and the Energy Resources and Conservation Board (ERCB) to proceed with the project.
20/01/2010 More »

Technip Awarded Subsea Contract in West Africa

Technip awarded lump sum contract by Noble Energy EG Ltd. for development of the Aseng field, located in Block "I" offshore Equatorial Guinea. Technip's operating centre in Paris will execute this contract.
20/01/2010 More »

Jacobs Receives Contract From Hyundai Engineering for New Sulphur Recovery Unit

Jacobs Engineering Group today that it received a contract from Hyundai Engineering Co., Ltd. (HEC) to license and design its proprietary SUPERCLAUS(R) technology for a desulphurization unit at a new gas plant in Turkmenistan.
19/01/2010 More »

Tullow Exercises Pre-emption Right on Proposed Sale of Heritage's Ugandan Assets

Tullow Oil plc announces that on Sunday, 17 January 2010, its subsidiary, Tullow Uganda Limited, exercised its right of pre-emption in respect of the proposed sale by Heritage Oil & Gas Limited of its 50% interest in Blocks 1 and 3A in Uganda.
18/01/2010 More »

Iraq and Shell Consortium Sign the Majnoon Oilfield Contract

Ministry of Oil of the Republic of Iraq, Royal Dutch Shell plc and Petronas Carigali today signed a 20-year contract to provide technical assistance in the development of the Majnoon oilfield.
17/01/2010 More »

Judgement In Case on Kårstø Expansion

Stavanger District Court handed down its decision today in a case between the Norwegian government, represented by the Ministry of Petroleum and Energy, and Statoil ASA. The court agrees with Statoil's view that the government was not entitled to a transfer of interests in the Mikkel field in the Norwegian Sea.
15/01/2010 More »

Wood Group's Electric Submersible Pumps Chosen by Meta Petroleum for Rubiales Field in Colombia

Wood Group selected by Meta Petroleum to provide approximately 200 electric submersible pumps (ESPs), 30 variable speed drives and downhole sensors for use in the Rubiales Field in Colombia. The three-year, multi-million dollar contract includes provision, maintenance and servicing of the equipment.
14/01/2010 More »

Petrofac Limited Acquires Mechanical Services Business

Petrofac confirms the acquisition of Scotvalve Services Limited (Scotvalve), a UK-based services company, from Scotvalve's management, for an initial cash consideration of £3 million. A further consideration of up to £2 million will be payable in cash and/or shares over three years, subject to achieving certain agreed performance targets.
14/01/2010 More »

Apache Acquires 51% Stake and Reserves Throughput Capacity in Canada's Kitimat LNG Project

Apache Corporation today announced that its Apache Canada Ltd. subsidiary agreed to acquire 51 percent of Kitimat LNG Inc.'s planned liquefied natural gas export terminal in British Columbia. Apache also reserved 51 percent of capacity in the terminal. The project will employ an estimated 1500 people during construction and 100 on a permanent basis.
14/01/2010 More »

Lukoil Board of Directors Summarizes Company's Performance in 2009 and Set Priorities for 2010

OAO LUKOIL Board of Directors hold meeting in Moscow to summarize the Company's preliminary performance results in 2009 and set priority tasks for 2010. According to preliminary estimates, hydrocarbon reserves increment under the Russian classification reached 105.8 million tons of reference fuel in 2009. One oil field and 17 deposits in previously explored fields were discovered.
13/01/2010 More »

ExxonMobil Technology to Extend Production Life of Hawkins Field in Texas

ExxonMobil Production Company today announced a project at the Hawkins Field in northeast Texas to recover the equivalent of an additional 40 million barrels of oil. New facilities will be installed at the Hawkins Field to recover and reinject nitrogen and other gases from the field's natural gas production.
13/01/2010 More »

Marathon Oil Corporation Provides Fourth Quarter 2009 Interim Update

Marathon Oil Corporation today is providing information on market factors and operating conditions that occurred during the fourth quarter of 2009 that could impact the Company's quarterly financial results.
13/01/2010 More »

KBR Receives Arbitration Award Against PEMEX

KBR announced today its Mexican subsidiary, Commisa, received an arbitration award against Pemex Exploration and Production (PEP), a subsidiary of PEMEX, the Mexican national oil company. The base award is in the amount of approximately $286M.
12/01/2010 More »

Alliance Engineering Awarded Compressor Station Expansion Project from Gulfstream Natural Gas System

Wood Group's Alliance Engineering awarded contract to provide engineering, design and procurement support services for expansion of Compressor Station 420, part of the Gulfstream Natural Gas System in Florida.
12/01/2010 More »

Jacobs Consortium Receives Long-Term Services Contract from NAM in The Netherlands

Jacobs Engineering Group to provide engineering services within consortium that received an umbrella contract from Nederlandse Aardolie Maatschappij B.V. (NAM), a 50/50 joint venture between Shell and ExxonMobil.
12/01/2010 More »

Talisman Energy Budgets $5.2 Billion in Capital Spending

Talisman Energy Inc. announces its capital spending plans for 2010. The company expects to increase spending this year, reflecting increases in shale drilling in North America and higher development spending in Southeast Asia and the North Sea.
11/01/2010 More »

Total Tackles Climate Change with the Inauguration of Carbon Capture and Storage Demonstration Facility

Total today inaugurated Europe's first end-to-end carbon capture, transportation and storage demonstration facility, in Lacq, southwestern France, at a ceremony attended by Valérie Létard, France's Secretary of State for Green Technology and Climate Negotiations. This technology will help to reduce greenhouse gas emissions from industrial facilities that use fuel oil, natural gas and coal, such as power plants, steel plants, cement plants and refineries.
11/01/2010 More »

Royal Canadian Mounted Police Development In Bombing Investigation

EnCana pleased to see Royal Canadian Mounted Police has advanced its investigation into the bombings of natural gas facilities near Dawson Creek, British Columbia.
08/01/2010 More »

Oil & Gas UK: More Investment in UK Gas Production Required Alongside Storage to Secure Supply

Oil & Gas UK's energy policy manager, David Odling, today warned against downplaying the remaining potential of the UKs indigenous gas in securing our energy supplies. While production is past its peak, there could be 1.5 trillion cubic metres of gas to be recovered, which would satisfy a significant proportion of demand in 2020 and beyond.
08/01/2010 More »

Chevron and Nippon Oil Corporation Sign Gorgon Natural Gas Agreement

Chevron Australian subsidiaries and Nippon Oil sign Heads of Agreement for the delivery of 0.3 million metric tons per year of LNG for 15 years from the Chevron-operated Gorgon Project.
07/01/2010 More »

Jacobs Awarded Gas Storage Facility Renovation Project by Storengy

Jacobs Engineering Group receives contract from Storengy to provide engineering, procurement, and construction management (EPCM) services to upgrade an underground gas-storage facility in Cere-la-Ronde, France.
05/01/2010 More »

Petrofac Appointed by Turkmengas on South Yoloten Gas Field Development

First phase of contract signed with Petrofac International (UAE) LLC will involve Petrofac completing front end engineering and design study for the project together with initial planning and set-up studies.
05/01/2010 More »

Aker Solutions Awarded BP Tie-back Contract for Ula

BP Norge awards Aker Solutions an engineering, procurement, construction and installation (EPCI) contract for a tie-back from Oselvar to the Ula platform. Scope of work includes engineering, procurement, fabrication of module and other minor components, installation offshore and commissioning assistance.
22/12/2009 More »

Maersk Oil Acquires Devon Assets in the Gulf of Mexico

The fully owned subsidiary of A.P. Møller - Mærsk A/S, Mærsk Olie og Gas A/S ("Maersk Oil"), has today through a US subsidiary entered into an agreement with Devon Energy Production Company, L.P. ("Devon") for Maersk Oil's purchase of Devon's interests in the Cascade, Jack and St. Malo fields in the Gulf of Mexico.
22/12/2009 More »

Aker Solutions Awarded EPCI Contract on Draugen for Shell

Shell awards Aker Solutions engineering, procurement, construction and installation (EPCI) contract for a produced water re-injection system on Draugen. The scope for Aker Solutions also includes prefabrication and commissioning assistance.
21/12/2009 More »

Shell In Strategic Asset Swap with Hess

Shell acquire Hess Corporation's entire upstream portfolio in Gabon and its interest in the Clair field, which lies in British waters west of the Shetland Islands. In return, Hess to acquire Shell's interest in a pair of Norwegian offshore fields, Valhall and Hod.
21/12/2009 More »

Eni Sign Framework Agreement for Scientific Co-operation with Consiglio Nazionale delle Ricerche

Today, at Eni's office in Rome, the framework agreement between Eni and the Consiglio Nazionale delle Ricerche (CNR, the national council of researches) was signed for the start of a strategic co-operation in the field of scientific and technologic research.
21/12/2009 More »

J. Ray McDermott Acquires Interests in Subsea Construction Vessels

J. Ray McDermott announces completion of a vessel transaction with Oceanteam ASA for the subsea construction vessel, North Ocean 102 and new build vessel North Ocean 105.
21/12/2009 More »

Clough Curtain JV Receive Funding Release for PNG LNG

Engineering and construction company Clough Limited today announced that, as a result of the Final Investment Decision to proceed with the PNG LNG Project, funding has been released to allow the Clough Curtain Joint Venture to proceed with executing the full scope for the Upstream Infrastructure contract awarded on 1 May 2009.
21/12/2009 More »

Gazprom Hold Meeting on Gasification of Irkutsk Oblast

Irkutsk Oblast host celebrations dedicated to bringing onstream an inter-settlement gas pipeline from the Osinovka gas distribution station to the settlement of Gidrostroitel, Bratsk
21/12/2009 More »

SBM Offshore N.V. and Chiyoda Corporation Awarded FEED Study for Petrobras Floating LNG Production Facility

SBM Offshore, working in collaboration with Chiyoda Corporation, awarded contract by Petrobras for Front End Engineering and Design (FEED) study for a Floating LNG Production Facility; also commonly referred to as FLNG or LNG FPSO.
21/12/2009 More »

Technip Awarded Feed Contract for Proposed Floating LNG Unit in Brazil

Technip, in association with JGC Corp. and Modec Inc., awarded by Petrobras a lump sum contract for the front-end engineering design of a proposed floating liquefied natural gas unit, as part of a design competition.
21/12/2009 More »

TNK-BP's Future Chief Plans to Increase Output

TNK-BP plans to keep expanding oil output even as the rest of the industry stagnates, thanks to a fat portfolio of new fields, said Maxim Barsky, who will run the venture. In his first interview with Western media since he was selected as chief executive, Mr. Barsky said TNK-BP has moved on since a bitter conflict between BP PLC and its Russian partners wracked the company last year.
17/12/2009 More »

Chevron and Chubu Electric Sign Major Gorgon LNG Deal

Chevron Corporation today announced that its Australian subsidiaries have signed binding long-term Sales and Purchase Agreements (SPAs) with Chubu Electric Power for a portion of Chevron's share of liquefied natural gas from the Gorgon Project.
16/12/2009 More »

Technip Awarded Two Contracts for the Schiehallion Field in the North Sea

Technip awarded two contracts by BP for the Schiehallion field development. The field is located in the North Sea, 175 kilometers (110 miles) west of the Shetland Islands, United Kingdom. Technip's operating center in Aberdeen, United Kingdom, is undertaking the contracts.
15/12/2009 More »

Wood Group Opens New Office in Rio de Janeiro

Wood Group opens new office in Rio de Janeiro, Brazil. This new office will provide a broad range of Wood Group's services and products, including operations & maintenance, commissioning, and other technical services, to the Brazilian market.
15/12/2009 More »

Technip Awarded Contract for Wheatstone Project Processing Platform in Australia

Technip awarded, by Chevron Australia Pty Ltd, front end engineering design contract for offshore processing platform associated with the Wheatstone Project in Australia. Technip's operating centers in Perth, Kuala Lumpur, Houston and Paris will participate in the execution of the contract, which is scheduled to be completed by the end of 2010.
14/12/2009 More »

Royal Dutch Shell Confirms Intention To Take Up Woodside Share Offer

Woodside Petroleum Ltd, an Australian-listed exploration & production company focused on Australian LNG, announces an entitlement offer of new shares today.
14/12/2009 More »

Technip Awarded Subsea Contract in Egypt

Technip awarded Euro 65 million lump sum engineering, procurement, installation and construction (EPIC) contract by Burullus Gas Company SAE* for the West Delta Deep Marine (WDDM) Phase VII development project. Technip's operating center in Oslo, Norway, will execute this contract with assistance from the Group's team in Cairo, Egypt.
10/12/2009 More »

CBI Clough JV PNG LNG Gas Plant Contract Approved

CB&I announced today the approval by Esso Highlands Limited of a contract with CB&I in its joint venture with Clough, for the engineering, procurement and construction of the PNG LNG Project's gas conditioning plant, pending final project authorisations.
09/12/2009 More »

Saipem Wins Two New Offshore Contracts in South East Asia

Saipem awarded two offshore contracts in Papua New Guinea and Vietnam for total value of approximately US$ 450 million. In Papua New Guinea, Saipem awarded by Esso Highlands Limited, an ExxonMobil company, the contract for the PNG LNG Offshore Pipeline Project EPC2.
09/12/2009 More »

Shell Announces First Million Barrels of Oil from Ultra-deep Water off Brazil

Production now hit over one million barrels of oil at the Parque das Conchas fields 120 kilometres off the coast of Brazil, where ultra-deep water and a constant swell makes for tough operating conditions.
09/12/2009 More »

Wood Group Provides Commissioning Services and Operations Personnel for First Floating Production Oil & Gas vessel in US Gulf of Mexico

Wood Group selected by Helix Energy Solutions to provide commissioning services and offshore personnel for the Helix Producer I, the first ship-shaped floating production unit (FPU) in the US Gulf of Mexico.
08/12/2009 More »

Technip Awarded Contract for the Åsgard Gas Transfer Project in Norway

Technip awarded by Statoil an engineering, procurement, construction and installation lump sum contract for the Åsgard Gas Transfer Project. Contract covers fabrication and installation of an approximately 4 kilometer-long rigid flowline in 2010 and the replacement of two flexible risers in 2011. Contract will be executed by the Group's operating center in Oslo, Norway.
08/12/2009 More »

ATP Award Contract to Clough's Normand Clipper

Clough contracted by US offshore oil and gas services company, Bluewater Industries, to provide installation support services associated with innovative ATP Telemark Hub Project in the Gulf of Mexico. Scope of work includes utilising Clough's offshore construction vessel, Normand Clipper, to provide accommodation, construction crew transfer, fuel bunkering services, and storage and transfer of construction materials required for platform installation activities.
08/12/2009 More »

ExxonMobil Announces Approval on PNG LNG Project

ExxonMobil Corporation announced today that the co-venturers agreed to proceed with development of the Papua New Guinea liquefied natural gas (LNG) project, pending completion of sales and purchase agreements with LNG buyers and finalisation of financing arrangements with lenders.
07/12/2009 More »

Clough AMEC Awarded Maintenance Services Contract for Woodside

Clough AMEC, a 50/50 joint venture between Clough and international engineering and project management company AMEC, awarded new contract by Woodside Energy to provide offshore maintenance services for their Australian oil and gas assets, predominantly located on the North West Shelf off Western Australia.
07/12/2009 More »

Chevron and Tokyo Electric Sign Heads of Agreement for Wheatstone LNG

Chevron Australia signs Heads of Agreement with the Tokyo Electric Power Company to deliver 4.1 million tons per annum (MTPA) of liquefied natural gas for up to 20 years from the Wheatstone Project in northwestern Australia.
05/12/2009 More »

Sasol Signs Memorandum of Understanding with the Indonesian Government

Sasol, with the Government of the Republic of Indonesia, today signed a Memorandum of Understanding which facilitates the commencement of a screening study into the viability of an integrated Coal-to-Liquids (CTL) project in the Republic of Indonesia, using Sasol's proprietary technology.
04/12/2009 More »

Eni and Gazprom Sign Agreement for Entry of France's EdF Into the South Stream Project

Gazprom Chairman Alexey Miller and Eni CEO Paolo Scaroni signed today, in the presence of the President of the Russian Federation Dimitrij Medvedev and Italy's Prime Minister Silvio Berlusconi, the agreement allowing the entry of France's EdF in the South Stream project.
03/12/2009 More »

Petrofac Provides Don Southwest Update

Petrofac, the international oil & gas facilities service provider, and Operator of the Don development, provides the following update on the current rig intervention on the Area 22 well in the Don Southwest field.
03/12/2009 More »

SLP Holdings Enters Administration

SLP Holdings, parent company of UK offshore fabricator SLP Engineering, enters administration. Stephen Oldfield, Chris Pillar and Mark Shires were appointed joint administrators of SLP Holdings Ltd and its subsidiaries (together 'SLP') on 27 November 2009.
03/12/2009 More »

Aker Solutions Awarded Valhall Hook-up Contract

BP Norge awards Aker Solutions a contract for offshore hook-up of the new process and hotel platform at Valhall. The modules for this platform are now being constructed at several yards, and will be carried to the Valhall field during summer of 2010 with a subsequent hook-up and commissioning phase.
03/12/2009 More »

GE Oil & Gas and Rockson Engineering Awarded Contract for Nigeria Power Plant

GE Oil & Gas in consortium with Rockson Engineering Nigeria awarded $230 Million contract by the Federal Government of Nigeria for installation and commissioning of a dual fired (low pour fuel oil/gas) 150-200MW power plant in Kaduna, Nigeria.
01/12/2009 More »

Gazprom Marketing & Trading USA and Statoil Commence Series of Transactions

Gazprom Marketing & Trading USA and Statoil today announced the signature of a non-binding Memorandum of Understanding for the finalization of a series of separate, mutually beneficial agreements between the two companies including regasification capacity at the Cove Point, Maryland receiving terminal for liquefied natural gas, gas sales in the USA and LNG imports to the USA.
01/12/2009 More »

Noble Denton Successful with Lukoil's Yuri Korchagin Project

Noble Denton successfully provided marine warranty services for the transportation and installation of two offshore platforms in the Yuri Korchagin oil field for Russian oil and gas company LUKOIL. In conjunction with Crane Marine Contractor Limited (CMC) based in Astrakhan, Noble Denton was assigned to supply technical expertise for the tow of the ice-resistant fixed platform, LSP-1 and LSP-2.
01/12/2009 More »

Aker Solutions to Supply Subsea Connection Systems for P-55 at Roncador Field

Aker Solutions signs two contracts to supply subsea connection systems for the P-55 platform, which will operate at the Roncador field offshore Brazil. Contracts were signed with Petrobras and Subsea 7, the values of which remains undisclosed.
30/11/2009 More »

Gazprom and EDF Sign Memorandum Detailing Joint Participation in South Stream Project

Today in Paris and in the presence of Prime Minister of Russia Vladimir Putin and Prime Minister of France François Fillon Gazprom Management Committee Chairman Alexey Miller and EDF CEO Henri Proglio signed a Memorandum of Understanding on the possibility of EDF participating in the construction of the offshore section of the South Stream pipeline.
27/11/2009 More »

Aker Solutions Signs Framework Agreement with ConocoPhillips for Greater Ekofisk

Aker Solutions signs frame agreement with ConocoPhillips Norway for future modification contracts on their installations in the Greater Ekofisk Area of the North Sea. Scope of the agreement is not defined; however, the frame agreement opens up for activities ranging from pre-studies to complete total contracts (Engineering, Procurement, Construction, and Installation).
25/11/2009 More »

Saipem Wins New Offshore Contract for Conversion and Operation of a FPSO Vessel

Saipem awarded contract for the supply and operation of a FPSO vessel (Floating Production Storage and Offloading) worth approximately 1 billion euro. The contract, awarded by Eni, encompasses the conversion of a wholly owned oil tanker into a FPSO vessel, for which Saipem will provide the installation and the operation management.
25/11/2009 More »

GE Oil & Gas Powers World's First Offshore Gravity-Based LNG Terminal

GE Oil & Gas technology is powering the world's first gravity-based offshore LNG terminal located 17 kilometers offshore from the town of Rovigo, near Venice, on Italy's north east coast. The terminal, moored in waters 30-meter deep, is the world's first use of an artificial island Gravity Based Structure for offshore LNG.
24/11/2009 More »

Jacobs Receives Contract for New Thermal Oil Facility

Jacobs Engineering Group announced today it received a contract from a major oil and gas company for engineering of its thermal facility located near Lac la Biche, Alberta, Canada. Engineering activities will begin in December 2009 with 40 percent or more of the engineering executed from Jacobs' Mumbai, India, office.
24/11/2009 More »

Cord WorleyParsons Awarded Construction Services Contract for Suncor Energy Services

Suncor Energy awards C$74.4 million lump sum contract for construction services to Cord WorleyParsons Ltd, the construction division of WorleyParsons Canada Ltd. Scope of work is for Firebag 3 well pads and gathering lines associated with this steam assisted gravity drainage facility near Fort McMurray, Alberta.
23/11/2009 More »

Aker Solutions to Supply Subsea Boosting Systems to Petrobras

Aker Solutions has signed a contract with Petrobras to supply eight subsea boosting systems (Mobo) and one ESDV (emergency valve) for the Jubarte field, located in the north of Campos Basin offshore Brazil. Equipment will be manufactured in Curitiba, Aker Solutions' headquarters in Brazil. Contract party in Aker Solutions do Brasil ltda.
23/11/2009 More »

Technip Awarded Gas Facilities Contract in Abu Dhabi

Technip awarded lump sum turnkey engineering, procurement and construction contract by Abu Dhabi Gas Industries Ltd (GASCO) for ASAB 3 Project. Project will be executed by Technip's operating centre in Abu Dhabi, United Arab Emirates.
20/11/2009 More »

Expro Announces New Project in Nova Scotia

Expro awarded surface testing and subsea landing string service contract from EnCana Corporation for work offshore Halifax, Nova Scotia. The six-month contract will provide support for the construction of four development wells in the Deep Panuke field and includes the provision of surface well test and landing string equipment and related support services.
20/11/2009 More »

Aker Solutions Signs Service Contract with Reliance Industries

Aker Solutions awarded contract from Reliance Industries Ltd to provide support services to the MA-D6 and KG-D6 field developments located in Bay of Bengal, India. Contract covers inspection, testing and maintenance of subsea equipment and tools for a period of three years.
19/11/2009 More »

ConocoPhillips Delays Wilhelmshaven Upgrade Project

ConocoPhillips delays planned upgrade of its 260,000 barrel-per-day Wilhelmshaven refinery in Germany. This action is consistent with the recent announcement that the company's capital budget for 2010 will be reduced from current levels to improve financial flexibility and better balance expenditures and resources.
17/11/2009 More »

CB&I Awarded REFICAR Refinery Project in Colombia

CB&I awarded project valued in excess of US$1.4 billion by Refinería de Cartagena S.A. (REFICAR) for engineering, procurement services and construction of a new refinery, with processing capacity of 165,000 barrels per day, adjacent to REFICAR's refinery in Cartagena, Colombia. CB&I's scope also includes revamping the existing 80,000 barrel per day refinery.
17/11/2009 More »

Foster Wheeler Joint Venture with WorleyParsons Awarded Feed Contract for Pluto LNG Expansion

Foster Wheeler AG's joint venture of its Global Engineering and Construction Group, with partner WorleyParsons Services Pty Ltd., awarded front-end engineering design (FEED) contract by Woodside for Train 2 and Train 3 of the Pluto liquefied natural gas (LNG) Project in Australia. The contract also includes an option for early EPCm services.
16/11/2009 More »

Petrofac Awarded Maintenance Services Contract by BP

Petrofac's Offshore Engineering & Operations business awarded contract to provide maintenance services in the North Sea by BP Exploration Operating Company Ltd. Petrofac will deliver integrated maintenance management support services including: the planning, co-ordination and execution of maintenance activities for all of BP's UK offshore assets and the onshore Dimlington plant.
16/11/2009 More »

ExxonMobil Extends Maintenance and Modification Contract with Aker Solutions

ExxonMobil has decided to extend the maintenance and modification contract with Aker Solutions, releasing a new option on an existing agreement. Work under the new option will last until December 2011. Contract parties are Aker Solutions' subsidiary Aker Offshore Partner AS and ExxonMobil Exploration and Production Norway AS.
13/11/2009 More »

Saipem Wins New Onshore Contracts worth Euros 500 million

In Australia, Saipem, in consortium with Leighton Contractors, awarded by Chevron the EPC contract for the Gorgon LNG jetty and marine structures project. Scope of work will consist of the engineering, procurement, fabrication, construction and commissioning of the LNG jetty and related marine structures for the new Chevron Gorgon LNG plant on Barrow Island.
13/11/2009 More »

KBR Receives Award for Woodside's Pluto Train 2 and Train 3 LNG Project

KBR Contract Award from Woodside for a Front End Engineering and Design (FEED) contract for Train 2 and Train 3 of Woodside's Pluto Liquefied Natural Gas (LNG) Project. Contract also includes an option for early engineering, procurement and construction management services.
11/11/2009 More »

Jacobs Receives Contract From Suncor for Oil Sands Sustainability Project in Canada

Jacobs Engineering Group receive contract from Suncor Energy to provide project management, engineering and procurement services to complete the scoping study and Design Basis Memorandum (DBM) for tailings and water transfer projects.
10/11/2009 More »

Technip Awarded Subsea Contract for the Appaloosa Development in the Gulf of Mexico

Technip awarded lump sum contract by ENI US Operating for the Appaloosa development project in the Gulf of Mexico. Technip's operating center in Houston, Texas will execute this contract. The flowline and riser will be welded at the Group's spoolbase located in Mobile.
09/11/2009 More »

BP and CNPC to Develop Iraq's Super-Giant Rumaila Field

BP, and China National Petroleum Corporation (CNPC), sign technical service contract with Iraq's state-owned South Oil Company to expand production from the Rumaila oilfield, near Basra in southern Iraq. The signing follows BP's successful bid for the contract with CNPC in Baghdad in June.
03/11/2009 More »

Fluor Awarded Gas Storage Contract in The Netherlands

Fluor Corporation awarded contract by TAQA Energy B.V., a subsidiary of the Abu Dhabi National Energy Company PJSC, for engineering, procurement and construction management services for its Bergermeer Gas Storage project in the North Holland province of The Netherlands. Work related to the gas treatment facility project will be performed by about 200 professionals located in Fluor's Haarlem operations center.
03/11/2009 More »

KBR Awarded FEED Contract by Chevron for Big Foot Topsides Project

KBR awarded contract by Chevron USA Inc. for front-end engineering and design of topsides for the proposed Big Foot development facility. The Big Foot field is located in the Walker Ridge Block 29 of the Gulf of Mexico and is owned by Chevron USA Inc. (operator), Statoil Gulf of Mexico LLC and Marubeni Oil & Gas (USA) Inc.
02/11/2009 More »

PSN Awarded Record Contract by BP

PSN wins prestigious 5 year contract, worth in excess of £200million. Under the terms of the contract, PSN will deliver engineering and construction support services for all of BP's UK offshore assets and the onshore Dimlington plant.
02/11/2009 More »

MMC AMEC Wins Engineering Studies for Shell's Malikai Deepwater Project

AMEC announces that MMC AMEC, its joint venture with MMC Oil & Gas, selected to provide basic engineering studies for Sabah Shell Petroleum Company's Malikai deepwater project, offshore Malaysia.
28/10/2009 More »

Visund and Troll Subsea Contracts to Aker Solutions

Aker Solutions awarded two contracts by StatoilHydro to deliver subsea equipment to its Visund and Troll fields in the North Sea, including subsea tree number 100 for Troll. Subsea trees will be manufactured at Aker Solutions' facility in Tranby, Norway, and subsea controls in Aberdeen, UK. Final deliveries will be made Q1 2011.
23/10/2009 More »

Technip Awarded Contract for Goliat Field Development in Norway

Technip awarded by Eni Norge AS an engineering, procurement, construction and installation contract, worth approximately Euros 200 million, for the Goliat field development. Goliat is the first major Subsea contract awarded to Technip by ENI Norge. It will be executed by the Group's operating center in Oslo.
26/10/2009 More »

Acergy S.A. Awarded $500 Million Contract Offshore Nigeria

Acergy S.A. awarded contract valued at approximately $500 million from Chevron Nigeria Ltd for their gas development programme in Escravos, offshore Nigeria, in water depths of up to 40 metres. Engineering will commence immediately, with offshore installation due to commence in Q4 2010.
19/10/2009 More »

KBR Awarded Framework Contract for Engineering Services by Sasol Technology

KBR awarded Framework Contract by Sasol Technology (Pty) Ltd., the technology arm of the Sasol Group (Sasol), to provide engineering services across various sectors of Sasol Group's business including downstream, petrochemical, and upstream in Southern Africa.
15/10/2009 More »

UK Well Service Contract to Aker Solutions

Aker Solutions subsidiary Aker Qserv Ltd signs contract with BP to provide well services for the energy giant's operations in UK sector of the North Sea. The contract is signed for a period of three years, with two one-year extension options. Aker Qserv, who has enjoyed a working relationship with BP dating back to 2003, will continue as BP's primary supplier of well intervention services out of its base in Aberdeen.
12/10/2009 More »

KBR Awarded Turnaround Contract by Suncor Energy

KBR awarded contract by Suncor Energy to provide turnaround services for Suncor's 2010 Turnaround project at its oil sands plant in Fort McMurray, Alberta, Canada.
08/10/2009 More »