BP Azerbaijan awarded London's Wood Group a £36 million (US$60 million) call-off contract for the Shah Deniz 2 project under a 2007 global agreement. The contract covers subsea engineering and project management services during the subsea execute phase…
Subsea 7 has been awarded its largest UK engineering, procurement, installation, and commissioning (EPIC) services contract, by Premier Oil. The contract, worth more than US$460 million, will be for work on Premier Oil's Catcher Area development…
Oil and gas IT services firm ISN Solutions has secured £4.6m investment from Aberdeen-based private equity firm Maven Capital Partners as part of a growth plan. Entrepreneur Tom Smith, founder of telecommunications firm Nessco (pictured)…
Subsea 7 has been awarded a US$75 million three-year subsea construction services contract by ExxonMobil Canada Properties. The contract supports the Hebron heavy oil field development, in the Jeanne d'Arc Basin, 350km southeast of St John's…
UK-based engineering and project management firm AMEC has said it has made a provisional offer to buy Switzerland-headquartered Foster Wheeler AG for US$3.2 billion.Foster Wheeler is an international engineering, construction and project management contractor…
AMEC has won a project management consultancy services contract by Abu Dhabi Marine Operating Company (ADMA OPCO) for their Umm Lulu Phase-2 full field development projects offshore United Arab Emirates (UAE). The contract is worth $124 million (£76 million)…
Subsea 7 has been awarded a contract worth more than US$70 million by Stone Energy for the development of the Cardona field in the US Gulf of Mexico. The scope includes engineering, procurement, installation and commissioning of flowlines…
EPC Offshore was acquired by Costain, one of the UK's Tier One engineering solutions providers. The deal marks the launch of Costain Upstream, a new divisional operation combining EPC Offshore’s capabilities with ClerkMaxwell, the oil…
Foster Wheeler AG has acquired Monterrey, Mexico-based NorthAm Engineering. NorthAm is one of the largest Mexican engineering and project management companies, specializing in upstream, offshore and onshore, downstream, and power projects…
ExxonMobil handed Technip a contract for Julia field, a US$4 billion project Exxon and partner Statoil announced last month. The contract covers project management, engineering, fabrication, installation, and pre-commissioning of more than 48km of 10…
FloaTEC has been awarded certification to ISO 9001-2008 for project management and engineering for the offshore industry. DNV Business Assurance, a division of the world-renowned Det Norske Veritas Certification B.V., and an internationally…
Subsea 7 has been awarded a US450million contract by Petrobras for the use of the Seven Pheonix pipelay vessel for five years. The vessel has operated for Petrobras for several years and is currently under contract with the Brazilian oeprator…
Project management and development engineering firm EPC Offshore has signed an agreement with Total E&P UK to provide support services at its natural gas and condensate discovery in the Atlantic. Edradour, located in Block 206/4 of the UK Continental Shelf…
AMEC was awarded a two-year contract extension from BG Group to continue to provide engineering, procurement, construction, commissioning, and project management support for all of BG Group’s facilities in the central North Sea. The contract…
ExxonMobil handed Technip a contract for the development of the Julia field, a US$4 billion project Exxon and partner Statoil announced last month. The contract covers the project management, engineering, fabrication, installation and pre-commissioning of more than 48 km of 10…
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