Oil & Gas Engineering

 

Temasek Bids $3 Bln for Control of Keppel

Oct 21, 2019

Singapore state investor Temasek Holdings is offering to buy control of conglomerate Keppel Corp in a S$4.1 billion ($3 billion) deal that could hasten a consolidation in the rig building sector which is battling the effects of low oil prices.The announcement, which confirmed what two sources with knowledge of the matter told Reuters earlier on Monday, boosted shares in rig builder Sembcorp Marine by 12% on expectations of a likely shake-up in the industry…

CNOOC Orders MacGregor Pull-in System

Oct 29, 2019

MacGregor has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater floating production unit (FPU) located in the Lingshui 17-2 gas field, offshore China.MacGregor, part of Cargotec…

Jadestone Submits FDP for Vietnam Gas Fields

Oct 21, 2019

Independent oil and gas company Jadestone Energy said it has formally submitted the field development plan (FDP) for its Nam Du and U Minh gas fields, offshore southwestern Vietnam, to Vietnam Oil and Gas Group (Petrovietnam), targeting first production in late 2021…

TechnipFMC Wins EPC Contract from PetroVietnam

Oct 15, 2019

TechnipFMC announced on Tuesday it has been awarded a contract by PetroVietnam Gas for the engineering, procurement and construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.The scope…

BP to Shut West Chirag Platform for Maintenance

Oct 11, 2019

BP said on Friday it would shut down its West Chirag platform in Azerbaijan for 15 days starting on Oct. 15 for planned maintenance.'In accordance with the plan, production from the West Chirag platform will be suspended on 15 October for about 15 days to enable efficient maintenance…

Saipem Wins BP Azerbaijan Job

Oct 04, 2019

Saipem, in consortium with Boshelf LLC and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan.Saipem has been a key contractor in this field since the 1990s…

Subsea 7 Wins Contracts Offshore Azerbaijan

Sep 30, 2019

Subsea 7 said on Monday it has been awarded two contracts, together worth between $50 million and $150 million, by BP for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea in a water depth of approximately 140 meters…

Sapura Energy Reports Asia Contracts

Sep 27, 2019

Sapura Energy announced it has secured new work in in Malaysia, Thailand and Brunei worth approximately RM 774 million ($184.9 million). The three new contracts and two contract extensions bring the value of its cumulative contract wins year-to-date to about RM3…

BP Awards Caspian ACG Contracts

Sep 17, 2019

The upstream consortium, led by UK enerrgy giant major BP, announced that the Azeri-Central-East (ACE) project is moving forward at pace with the awards of key contracts.BP as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development…

QP Issues Tender for 4 Mega LNG Trains

Sep 15, 2019

The state owned oil and gas company Qatar Petroleum has issued Engineering, Procurement and Construction (EPC) tender for liquid products storage and loading facilities of the North Field Expansion (NFE) Project.The NFE Project involves the…

DNV GL's Probabilistic Digital Twin Launch

Sep 05, 2019

DNV GL proposes the “Probabilistic Digital Twin” (PDT) to close the gap between digital twins – used increasingly by operators to manage the performance of their assets – and risk analysis still largely conducted manually before assets enter service…

Sembcorp Marine Reports New Contracts

Sep 02, 2019

Sembcorp Marine said it has won a raft of new projects valued at S$400 million (US$288 million) that includes floating production conversion projects, offshore wind farm jacket foundations fabrication and cruise ship upgrades.THe company's Sembcorp…

Worley, AVEVA to Roll Out Cloud-based EPC Solution

Aug 26, 2019

Engineering and industrial software company AVEVA announced that Worley has selected AVEVA’s Enterprise Resource Management solution as its preferred  materials management platform. The partnership combines Worley’s engineering, procurement…

GATE Energy Moves into Singapore

Aug 26, 2019

GATE Energy, a player in oil and gas engineering, commissioning and specialty field services, announced the opening of its new Singapore office.'This marks the first permanent location for the GATE Energy family of companies outside of the United States…

L&T Consortium Wins Saudi Aramco Deal

Aug 23, 2019

Indian multinational conglomerate Larsen & Toubro Limited (L&T) announced that a consortium of its arm L&T Hydrocarbon Engineering Limited (LTHE),  and EMAS AMC PTE Ltd (A Subsea7 Company)  has been awarded a project by Saudi Aramco for offshore jackets…

Current News

Asia Pacific’s Decarbonization Bill to Hit $3.5 Trillion in 2040

Asia Pacific’s Decarbonization Bill to Hit $3.5 Trillion in 2040

China Expects Balanced Energy Supply/Demand

China Expects Balanced Energy Supply/Demand

India to Invite Foreign Investment in State-owned Oil Companies

India to Invite Foreign Investment in State-owned Oil Companies

Southeast Asia Bullish on OFS Market

Southeast Asia Bullish on OFS Market

BMT Delivers Real Time Monitoring for Helang FPSO

BMT Delivers Real Time Monitoring for Helang FPSO

Saipem Inks Deal with Daewoo for Onshore Projects

Saipem Inks Deal with Daewoo for Onshore Projects

Indonesia Inks 20-year PSC for Corridor Block

Indonesia Inks 20-year PSC for Corridor Block

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