Italian oilfield services specialist Saipem has secured a new offshore engineering and construction contract in Saudi Arabia. The new contract has been awarded by Saudi Aramco for Engineering, Procurement, Construction (EPC) activities in Saudi Arabia, under the Long Term Agreement renewed in 2015 u
Saipem has been awarded a new E&C offshore contract by Saudi Aramco for engineering, procurement, construction (EPC) activities in Saudi Arabia, under the long-term agreement renewed in 2015 until 2021. The contract’s main scope of work includes the engineering, procurement and construction of a new
OPEC has reportedly agreed to extend the oil production cuts for another nine months after the original agreement expires next year.
World’s first converted FLNG unit, and soon to be Africa’s first FLNG unit producing LNG from an offshore gas field, has reached its final location in Cameroon, after a long journey from Singapore.
LNG shipper Golar LNG said on Thursday that it expects production of first commercial liquefied natural gas from its FLNG Hilli Episeyo located offshore Kribi in Cameroon to take place around year end. The world’s first FLNG conversion arrived in Cameroon on November 20, and hook-up and connection t
There is a strong interest of shipowners in retrofitting their ships with liquefied natural gas-powered (LNG) engines in order to meet the requirements of the Ballast Water Management (BWM) Convention, a survey shows. Specifically, according to the findings of SMM’s first Maritime Industry Report, s
The energy world will be watching closely as members of OPEC hold final meeting in Vienna on Thursday to decide on whether to extend the oil production cuts until the end of 2018.
Tower Resources has awarded DMT Petrologic a contract to reprocess 3D seismic data over and around Tower’s Thali license in Cameroon. The contract covers merging and reprocessing data from five existing surveys, to cover an area of approximately 500 km2. The area includes Thali block and the surroun
SBM Offshore USA, a subsidiary of world’s largest FPSO provider SBM Offshore, has pleaded guilty for charges of bribing foreign officials in Brazil, Angola, Equatorial Guinea, Kazakhstan and Iraq in violation of the Foreign Corrupt Practices Act (FCPA). The U.S. Department of Justice said on Thursda
Tower Resources has awarded a contract to DMT Petrologic for the reprocessing of 3D seismic data over and around Tower’s Thali license offshore Cameroon.
Semi-submersible accommodation vessels operator Prosafe has won a contract to support TechnipFMC in Bahr Essalam Phase II development in the Central Mediterranean Sea. The Oslo-listed company is acting as commercial manager for the Axis Offshore-owned ‘Safe Swift’ monohull accommodation vessel which
Prosafe has won a contract to support the TechnipFMC-managed Bahr Essalam, Phase II project development in the Central Mediterranean Sea.
