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The FMC Technologies and Technip alliance has received an integrated engineering, procurement, construction, and installation (EPCI) contract from Statoil for its Trestakk field in the Norwegian Sea. The contract was won based on an optimized subsea field layout, accomplished through close collaboration with Statoil during a FEED study performed by

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Petrofac has extended its relationship with Mubadala Petroleum with the award of new and modified contracts relating to the FPF-003 floating production, storage and offloading vessel located in the Jasmine/Ban Yen field in the Gulf of Thailand. The parties have signed a new ‘life of field’ agreement for the provision

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      Immediately Accretive Acquisition of Strong, Stable, High-Cash Flow Business Will Significantly Diversify HollyFrontier Combination of Petro-Canada Lubricants and HollyFrontier’s Tulsa-based Lubricants Business to Create Fourth Largest Specialty Lubricants Producer in North America HollyFrontier Corporation (NYSE:HFC) (“HollyFrontier”) today announced it has entered into a definitive agreement to acquire

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Rosneft and BP announce the completion of the deal to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation. Final binding agreements for the new joint venture were signed at the XX St. Petersburg International Economic Forum

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    JV to own, manage and operate onshore drilling rigs in Saudi Arabia Nabors Industries Ltd. (“Nabors”) (NYSE: NBR) today announced the signing of an agreement to form a new Joint Venture in the Kingdom of Saudi Arabia to own, manage and operate onshore drilling rigs. The Joint Venture,

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Statoil has agreed to acquire Wintershall Norge’s 25% interest in the Byrding project on the Norwegian Continental Shelf (NCS). On conclusion of this transaction Statoil will increase its interest from 45% to 70%. Byrding (PL090B) is an oil and gas discovery in the northern part of the North Sea and

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BP Trinidad and Tobago LLC (bpTT) today announced that the Joe Douglas 240C jack up rig, owned and operated by Rowan Companies, has joined the bpTT rig fleet and has begun drilling at the bpTT Amherstia facility. BPTT Regional President Norman Christie commented: “The Joe Douglas rig is a welcome

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Kunitomi Plant starts manufacturing solar panels with an output of 175W as a main product Countries Solar Frontier has directly shipped its solar panels to Tokyo, October 11th, 2016 – Solar Frontier announced today that total cumulative shipments of its CIS thin-film solar panels have surpassed 4GW, now reaching approximately

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A high specification drone has been used in a successful trial to count cliff-nesting seabirds at a Royal Society for the Protection of Birds (RSPB) reserve on the Yorkshire coast thanks to funding from global offshore wind leader DONG Energy. The trial took place at Bempton Cliffs, part of an

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Company NewsOil, Gas & Energy News

DEA has now awarded the EPCI (Engineering, Procurement, Construction and Installation) contract for the smaller structures and pipelines as well as the subsea installation work of the Dvalin development to Technip Norge AS. The contract includes the fabrication of smaller structures, the 12/16-inch pipe-in-pipe production flowline, the 12-inch gas export

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