LNG contractor McDermott International it has been awarded a sizeable contract by Qatar Petroleum (QP) on the North Field Expansion (NFE) project.
Offshore installation and construction firm McDermott has been awarded a contract by Qatar Petroleum (QP) for front-end engineering and design (FEED) work for offshore facilities in Qatar.
The company will build a gas and crude-processing plant in Saudi Arabia.
Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported a 7 percent jump in its half-year profit.
The award represents the single largest EPCI offshore contract awarded by Aramco
Italian oilfield services giant Saipem has won a large part of Saudi Aramco’s $18 billion awarded as part of further development of Marjan and Berri offshore fields in Saudi Arabia.
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The Fluxys-operated Zeebrugge liquefied natural gas terminal in Belgium booked three cargoes of LNG from Qatar.
Following OPEC’s decision on Monday to extend the voluntary oil production cuts in order to keep oil prices stable, the Russia-led block of non-OPEC nations has agreed to the same on Tuesday.
GE Power was awarded the tender for supplying the variable speed drive system (VSDS) as one of the key systems to increase the production capacity of the Oman LNG plant, part of the debottlenecking project.
OPEC members have agreed to extend the voluntary oil production cuts for another nine months, with the aim to keep the oil prices “stable,” with Russia also supporting the extension.
UAE-based Lamprell has held a steel cutting ceremony to mark the start of construction of jacket foundations for the 950MW Moray East wind project offshore Scotland. GeoSea, part of DEME Offshore, the Engineering, Procurement, Construction and Installation (EPCI) contractor for the project’s 100 win
Deepwater and tight oil are two of the upstream sector’s great growth themes, but are often considered to be at opposite ends of the development spectrum, according to energy intelligence group Wood Mackenzie.
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