McDermott has secured a mega engineering, procurement, construction and installation (EPCI) contract by ADNOC for work related to increasing gas recovery and production from the Umm Shaif field.The contract, valued over $1 billion, is for Package 4 of the Umm Shaif Integrated Gas Cap and Surface Pressure Boosting (SPB) Project, deemed a critical component of the Umm Shaif Long Term Development Plan (LTDP)…
For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints…
The Mako gas project offshore Indonesia has moved further towards development after operator Conrad Asia Energy signed a binding contract with state-owned shipbuilder PT PAL Indonesia for a key piece of offshore infrastructure, project partner Empyrean Energy informed…
The changing global bottom-fixed offshore wind turbine and foundation installation marketThe last two or three years have seen a change in the underlying stakeholder support for the energy transition, resulting in the energy trilemma being focused…
Italy's Saipem can win contracts for post-Iran-war repair work in the Middle East by leveraging its long-term relationships with customers in the region, the energy services group's chief executive said on Wednesday.The cost of repairing damage…
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