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Petrofac’s Engineering & Production Services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC), previously known as South Oil Company, for its Iraq Crude Oil Export Expansion Project (ICOEEP). The new two-year extension reflects Petrofac’s continued delivery focus and five-year track record as the incumbent
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has successfully completed a multi-million pound contract with Maersk Oil UK, providing both subsea structure and pipeline inspection support in the UKCS. The four-week campaign, completed in October this year, saw Bibby Offshore’s subsea support and construction
Eni has completed today the sale of a 25 percent indirect interest in the natural gas-rich Area 4 of the Rovuma Basin to ExxonMobil Development Africa B.V. (“ExxonMobil”). The terms of the sale, agreed in March 2017, include a payment of $2.8 billion subject to a contractual adjustment until the
Collaboration leads to discovery of a new material able to separate ethylene from ethane Targeting up to a 25 percent reduction in both process energy needs and carbon dioxide emissions Research published in nation’s leading peer-reviewed journal Science Scientists from ExxonMobil and the Instituto de Tecnologia Quimica (ITQ) in
Skangas to Source LNG at Import Terminal on Isle of Grain, UK Skangas today announced that it has signed a Letter of Intent (LoI) with National Grid Grain LNG. Under the terms of the LoI, Skangas is to source LNG at the Grain LNG import terminal on the Isle of
11 Dec 2017 Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial contract from Aker BP on behalf of the Skarv Unit for the Ærfugl gas field development, located approximately 210 km west of Sandnessjøen in the Norwegian Sea. The contract includes an option
Exploration and Production Centrica Europe UK 11 December 2017 Spirit Energy, the E&P joint venture which combines Centrica plc’s E&P business with Bayerngas Norge AS, has begun trading as an independent oil and gas operator. Completion of the transaction – which was announced on 17 July, 2017 – follows receipt
The New Gas Field Discovery in Bohai Is Expected to Provide Quality Clean Energy in the Beijing-Tianjin-Hebei Region December 8, 2017 CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced that the Company has recently made a mid-sized natural gas field discovery Bozhong 19-6 in Bohai.