Italian company Fisia Italimpianti has announced winning two contracts worth $439 million for the construction and management of a water treatment plant for Aramco’s giant Zuluf development program. The contracts mark Fisia Italimpianti’s entry into the oil and gas industry and return to the operation and maintenance segment of the water sector. The first contract, […]
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Jordan awards contract for $2.64 billion refinery expansion project
Jordan Petroleum Refinery Co has awarded a project to increase its production to face growing domestic demand, Zawya Projects reported, citing the CEO of the company. Jordan’s only refinery, which is based in Zarqa roughly 35km east of the capital city Amman, will launch the fourth expansion project in its 65-year history after it secures funding, […]
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ADNOC begins bidding process for $3 billion Lower Zakum contract
Abu Dhabi’s energy giant ADNOC has initiated the bid process for a major oilfield expansion project involving a potential $3 billion-plus contract for its Lower Zakum offshore oilfield, Upstream reported citing people familiar with the matter. The moves comes as ADNOC prepares to ramp up its production capacity to 5 million barrels per day by […]
Posted inNews, Exploration & Production
ADNOC relaunches tender for Hail and Ghasha megaproject after terminating key contracts
Days after terminating key pre-construction contracts, ADNOC has invited contractors to express interest in new EPC tenders for the multibillion-dollar Hail and Ghasha sour gas development, according to a MEED report. Industry sources claim that the expression of interest (EoI) document was issued to contractors on 29 April. Firms have been asked to express interest in the […]
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Aramco awards contract for Zuluf development program
Aramco has awarded a $4.4 million contract to Synectics PLC to supply specialist camera stations for the Zuluf development program. The security and surveillance systems company said that the systems are expected to be delivered by the end of its financial year on Nov. 30. “Activity levels in the oil and gas market are now […]
Posted inNews
ADNOC Drilling secures $412 million contract for Upper Zakum project
ADNOC Drilling has confirmed the award of a five-year contract for the provision of Integrated Drilling Services (IDS) totaling $412 million from ADNOC Offshore commencing in the second quarter of 2023. ADNOC Drilling will provide IDS for the development of the Upper Zakum field, the largest producing field in ADNOC’s offshore portfolio. Account to ADNOC Drilling, […]
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L&T secures major oil and gas contracts in Saudi Arabia
The hydrocarbon unit of Indian EPC contractor Larsen & Toubro (L&T) has recently secured multiple offshore packages from Saudi Aramco. The contracts includes work on the further development of Aramco’s giant Zuluf oilfield with a project scope that involves both new infrastructure and the upgrading of multiple production deck modules, sources said. The scope of […]
Posted inNews
Aramco awards major offshore contracts in production expansion push
Saudi energy giant Aramco has awarded major offshore contracts amid aggressive investment push to scale up output. A pairing of Indian engineering giant Larsen & Toubro (L&T) and Oslo-listed Subsea 7 last month landed multiple EPC contracts from Saudi Aramco under the latter’s long-term agreement (LTA) framework to which a select group of international contractors […]
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HEISCO Kuwait secures $223 million contract for oil flow line project
Kuwait’s Heavy Engineering Industries and Shipbuilding Co (HEISCO) announced in a statement that it has secured a five-year contract from Kuwait Oil Co (KOC) for the construction of flowlines and associated works in West Kuwait Area. The value of the contract is KWD 68.5 million ($223.7 million). Earlier during August 2022, HEISCO announces that the company submits […]
Posted inNews
Saipem secures $400 million contract offshore Ivory Coast
Saipem has announced today that it has been awarded by the joint venture of Eni Côte d’Ivoire Ltd and Petroci a drilling contract worth $400 million offshore the Ivory Coast. This value is to be considered gross of the leasing costs of the deep value driller vessel that will be used for the operations, Saipem […]
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