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1,953 results 07/24/2019 18:00
McDermott International announced it has been awarded a contract by Argentina-based YPF to provide pre-front-end engineering design (Pre-FEED) services for a five million tons per annum (MTPA) LNG Liquefaction Facility, with a potential expansion to 10 MTPA, at the Vaca Muerta Shale field in Argentina. The scope of work is a continuation of a previous conceptual study developed for the YPF LNG Export Facility in Argentina under a contract in 2018. 07/24/2019 10:00
ADNOC has signed an agreement with Indonesia's state energy company Pertamina to collaborate in both countries and internationally. Indonesia' foreign ministry said that the partnership could be worth up to $2.5bn. The scope of work includes Pertamina's participating in the UAE's upstream sector and downstream opportunities for ADNOC in Indonesia, including LNG, LPG, refining and petrochemicals, aviation fueld and fuel retailing. The two companies signed a comprehensive strategic framework agreement during the Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed's trip to Indonesia. This underlines ANDOC's strategy to increase foreign partnerships and bolster its downstream portfolio both in and outside of the UAE. The agreement was signed on t. 07/24/2019 10:00
Apache announced the completion of asset sales in the midcontinent and provided supplemental information regarding certain second-quarter 2019 financial and operational results. In May and July, Apache closed the sale of noncore assets in two separate transactions, comprising $612 million of net proceeds, subject to customary closing adjustments. 07/24/2019 07:30
The contract will support all subsea development projects with standardized equipment, including technologies that can withstand up to 20,000 psi. Schlumberger announced today an award by Chevron U.S.A. Inc. (Chevron) of a 20-year subsea equipment and services master contract for subsea development projects in the Gulf of Mexico. 07/24/2019 07:00
Babcock oil and gas search and rescue team is boosting the service they offer men and women working offshore by replacing their traditional hard-wired helicopter intercom with a new wireless network. Babcock SAR Operations Manager, Paul Walters said: "SAR is all about teamwork and effective communications is essential. 07/24/2019 06:00
Subsea 7 S.A. today announced the award of a sizeable(1) contract to Seaway 7 for the Hornsea Two offshore wind farm project by Optimus Wind Ltd., a subsidiary of the Ørsted Group, for the installation of the entire inner array grid cable system. The Hornsea Two offshore wind farm project is located approximately 90 kilometres off the Yorkshire coast within the UK sector of the North Sea. 07/23/2019 20:00
TechnipFMC has been awarded a $7.6-billion Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 project located in the Gydan peninsula in West Siberia, Russia. This development will consist of three liquefied natural gas (LNG) trains, each with a capacity of 6.6 Mtpa, which will be installed on three gravity-based structure platforms. TechnipFMC will execute this project under a lump sum and reimbursable basis. 07/23/2019 20:00
McKinsey Energy Insights launched its 2019 North American Gas Outlook, highlighting various changes in gas demand and supply through 2030. The report reveals US gas economics will reach below $3/MMbtu in the next ten years due to ample supply, which will support North American gas exports and unlock further demand growth domestically. North American gas demand will reach 125 bcfd by 2030 from 95 bcfd today, with 20 bcfd of growth coming from gas and LNG exports. The share of gas in the power mix will grow by 5 bcfd—driven by coal retirements—but renewables will start to displace gas post-2025 as part of the power sector’s decarbonization. “North America is endowed with abundant gas resources, which will play a major role in the energy mix d. 07/23/2019 20:00
Tenaris was awarded the offshore export pipeline for the Alen Gas Monetization Project in Equatorial Guinea, a key component of Noble Energy’s growth strategy in West Africa. This 70 km pipeline will be constructed to transport natural gas from the Alen offshore platform to existing onshore processing facilities on Bioko Island. 07/23/2019 16:00
Schlumberger is tapping as its chairman an executive who earned a reputation for building shale producers that bypass oil service companies. Mark Papa, 72, who will take over as chairman of the world’s biggest oilfield service provider next month, helped give birth to the U.S. shale boom a decade ago by building Enron Corp. castoff EOG Resources Inc. into one of the nation’s biggest explorers. 07/23/2019 08:00
Global engineering and industrial services provider Bilfinger has been awarded multiple engineering contracts by the Abu Dhabi National Oil Company (ADNOC). The projects, secured by Bilfinger’s Middle East division, entail the provision of front-end engineering design (FEED) for onshore facilities. @hotTipLookingForNextJob@. Under the terms of the FEED contracts, Bilfinger Tebodin Middle East will provide engineering services for a new wastewater treatment plant located in a refinery complex in Ruwais, as well as a basic design and detailed engineering package to enhance existing sulphur dust control systems at two sulphur handling facilities. "We are excited to bring Bilfinger Tebodin’s extensive experience, quality and competitive expertis. 07/23/2019 06:00
ExxonMobil said today it has signed collaboration agreements with six other companies to accelerate the development of Open Process Automation (OPA) systems. The companies currently included in this collaboration are Aramco Services Company, BASF, ConocoPhillips Company, The Dow Chemical Company, ExxonMobil Research and Engineering Company, Georgia-Pacific LLC and Linde PLC. @hotTipOnceRegistered@. Advances in computer hardware, software, networking and security, coupled with increasing global competition and cybersecurity risks, have driven the process industry to consider ways to update the design and maintenance of process automation systems, which serve as the eyes and ears inside industrial manufacturing facilities. The goal of this col. 07/23/2019 06:00
Italian drilling company, Saipem has won offshore drilling contracts in Abu Dhabi and Romania worth more than $160m, just weeks after a string of contract wins across the GCC that included multibillion-dollar awards from Saudi Arabian state-owned energy giant Saudi Aramco. In a statement, the engineering, procurement, and construction contractor said drilling activities under the four-year Abu Dhabi contract would be carried out by the high-spec jack-up Perro Negro 8 – in continuity with current operations. @hotTipLookingForNextJob@. Under the other contract, Saipem will drill a well in Romania’s Black Sea water, with works expected to start in Q4 2019. Submersible rig Scarabeo 9, a drilling unit suitable for operations in the area, will car. 07/23/2019 06:00
TechnipFMC has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from Neptune Energy for the Seagull project, located in the Central North Sea. This contract is the second call-off under the recently announced five-year strategic global alliance agreement between TechnipFMC and Neptune Energy. @hotTipLookingForNextJob@. TechnipFMC will manufacture, deliver and install subsea equipment including production and water wash pipelines, umbilicals, subsea structures and control systems. Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are delighted to partner again with Neptune Energy. Our alliance clearly demonstrates the importance and value of early engagement and col. 07/22/2019 20:00
Libyan oil production is set to recover from a five-month low as the North African supplier’s biggest field restarts following a brief halt. A valve in the pipeline that carries crude from the Sharara field to the Zawiya refinery has been reopened and tested, said the state-run National Oil Corp. The stoppage occurred Friday night, and authorities lifted a short-lived force majeure on loading Sharara crude at Zawiya on Monday. Production at Sharara, in Libya’s southwest, had returned to its normal level later Monday, according to a person familiar with the situation who asked not to be identified because the information isn’t yet public. @hotTipLookingForNextJob@. The field had been producing 290,000 bpd and its shuttering had reduced overal. 07/22/2019 20:00
Halliburton is shifting strategy in its largest region to deal with subdued customer spending by shelving unused frac gear and cutting jobs in North America. The world’s biggest provider of fracing equipment, including pumping units and sand-storage silos, declined to tell analysts and investors Monday how much pressure-pumping gear it has parked in the U.S. and Canada. 07/22/2019 09:00
Trident Energy has edged a step closer towards the acquisition of Petrobras’ Campos Basin assets Enchova and Pampo for a price of around $1 billion. Petrobras first announced the intention to sell the fields back in 2017. In 2018, the Petrobras said that Ouro Preto Óleo e Gás had been the best bidder, reportedly offering around $1 billion. According to Reuters, Trident Energy had at the time allegedly placed a bid as well, but Ouro’s was a better one. However, the deal between Ouro and Petrobras later collapsed after Ouro reportedly reduced its offer. @hotTipLookingForNextJob@. In a statement on Friday, July 19, Petrobras said that Trident Energy had presented the best final bid for the Pampo and Enchova clusters. Petrobras said Trident had 07/22/2019 09:00
Houston-based subsea equipment supplier OneSubsea, a Schlumberger company, has been awarded a 20-year subsea equipment and services master contract for subsea development projects in the Gulf of Mexico by oil major Chevron. This was announced last Friday by OneSubsea’s parent company, Schlumberger, in its second quarter 2019 report. Schlumberger said that combining this master contract with a pre-approved catalog of standard subsea equipment would enable Chevron to decrease operating costs in its subsea projects. The provision of a OneSubsea custom catalog of equipment will also include innovative technologies that meet Chevron’s project requirements, including high-temperature projects or high-pressure projects requiring equipment that can. 07/22/2019 08:30
U.S. grain trader Bunge Ltd (BG.N) said on Monday it has agreed to form a bioenergy company with oil major BP Plc (BP.N) that will produce ethanol and sugar, and generate renewable electricity. The joint venture, BP Bunge Bioenergia, will operate on a standalone basis, with a total of 11 mills across the Southeast, North and Midwest regions of Brazil, Bunge said. @hotTipLookingForNextJob@. "This partnership with BP represents a major portfolio optimization milestone for Bunge which allows us to reduce our current exposure to sugar milling...," 07/22/2019 05:30
Jersey’s new UK acreage opportunity to establish ‘major new area hub development’. Oil and gas company Jersey Oil & Gas (JOG) has been awarded significant acreage in the UK North Sea, containing over 100 million barrels of discovered oil, including the Buchan oil field. Jersey said on Monday it had been awarded 100% working interests and operatorship of three blocks in the OGA’s 31st Supplementary Offshore Licensing Round.


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