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Worley to Provide Engineering Support for Chevron's Onshore, Offshore Assets

Jun 28, 2022

Engineering group Worley has entered into a global master services agreement with the U.S. oil and gas giant Chevron, covering Chevron’s upstream, midstream, and downstream business needs.The agreement can be used by Chevron’s business units…

SNC-Lavalin to Assist with Shore-power Connection for ADNOC's Offshore Platforms

Apr 14, 2022

File Photo: ADNOCSNC-Lavalin has won a four-year advisory and engineering services contract from Abu Dhabi National Oil Company (ADNOC) to support its offshore operations power project. A high-voltage, direct current (HVDC-VSC) subsea transmission…

EnerMech Lands 5-year Ichthys LNG Inspection and Maintenance Deal with INPEX

Apr 12, 2022

UK-based company EnerMech has won a five-year contract in Australia with Japanese oil and gas company INPEX  for the provision of inspection and maintenance services at Ichthys gas project.Under the contract, of an undisclosed value, EnerMech…

Saipem Wins $1.1B in Offshore Contracts in Guyana and Australia

Jan 11, 2022

Italian offshore oilfield services company Saipem has won $1.1 billion worth of offshore contracts in Australia and Guyana with Woodside and ExxonMobil, respectively.In Australia, Woodside has granted Saipem the Notice to Proceed (NTP) for a contract related to the Scarborough project…

Eco Wave Power: First Floaters Arrive in Jaffa Port

Jan 05, 2022

The first set of floaters and supporting structures for Eco Wave Power’s grid-connected EWP-EDF One project have been delivered to the Jaffa Port project site in Israel, marking what EWP said was a key milestone in the development of the wave energy array…

ADNOC, TAQA Launch $3.6B Project to Decarbonize Offshore Production Ops

Dec 22, 2021

UAE-based oil and gas companies ADNOC and TAQA on Wednesday announced a $3.6 billion strategic project to 'significantly decarbonize' ADNOC’s offshore production operations.The companies said the project would see the development and operation of a first-of-its-kind high-voltage…

CNOOC Powers Bohai Bay Oil Fields from Shore

Sep 23, 2021

Chinese offshore oil and gas company CNOOC said Thursday that a project to power Bohai Bay offshore fields from shore has kicked off operation successfully.'This onshore power project is located in the mid-western Bohai Bay,  containing two parts…

Saipem, Saudi Aramco Look to Establish EPC Giant in Saudi Arabia

Sep 21, 2021

Italian energy industry engineering and construction firm Saipem has signed a Memorandum of Understanding (MoU) with the Saudi oil giant  Saudi Aramco to explore the possibility of forming a new entity for engineering and construction activities…

Saudi Aramco, McDermott Sign MoU for Use of SAFIRA Yard

Sep 15, 2021

Saudi Arabia's national oil company Saudi Aramco has signed a memorandum of understanding with energy industry construction and installation firm McDermott to explore the use of McDermott's SAFIRA fabrication yard for construction services for Saudi Aramco's upstream and downstream projects…

DOF Subsea Secures Work on Several Offshore Campaigns in Asia Pacific

Aug 23, 2021

Norwegian subsea support vessel operator said DOF Subsea said Monday it had won several contracts awards in the Asia Pacific region.According to DOF Subsea, the contracts provide 'significant' utilization for resources and vessels in Q3 and…

IRENA: Dropping Renewables Costs Undercut New and Some Existing Coal Plants

Jun 22, 2021

The cost of renewable energy sources is undercutting that of new and some existing coal-fired power plants, a report by the International Renewable Energy Agency (IRENA) showed on Tuesday.Due to cheaper renewable energy, up to 800 gigawatts…

Saipem Wins $1B Deal with in Qatar for Offshore Export Trunklines and Tie-in Works

Mar 22, 2021

Italian energy industry services provider Saipem said Monday it had received a Letter of Award from Qatargas for a new contract worth over one billion U.S. dollars, related to the North Field Production Sustainability Pipelines Project located…

Russia: Equinor Boosts Onshore Presence, Exits Sea of Okhotsk Acreage

Dec 11, 2020

Norwegian oil and gas firm Equinor has increased its presence in the Russian onshore oil and gas assets, and has pulled out from offshore commitments in the Sea of Okhotsk on the Russian Far East.In an agreement with the Russian oil company Rosneft…

Japanese Oil Refiner Joins Offshore Wind Venture

Sep 11, 2020

Japanese oil refining company Eneos said Thursday it was joining an offshore wind joint venture targeting projects in Akita Prefecture in Japan.Eneos has acquired a share in GK Happo Noshiro Offshore Wind, a company formed to seek opportunities…

Rystad: Number of Drilled Wells in 2020 to Hit Lowest Point in Two Decades

Jul 15, 2020

The number of drilled oil and gas wells this year is expected to reach about 55,350 this year, the lowest since at least the beginning of the century, Norwegian energy industry intelligence firm Rystad Energy said. The demand for drilling equipment is also down…

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