contracts

Exploration & Production

FEED contract signed for Nigeria’s $5 billion LNG facility

by Staff WriterNovember 22, 2022May 8, 2023

The African country aims to develop, exploit and monetise its proven gas resources

EPC Contracts

Indian EPC giant L&T reports 57 contracts in 2022

by Staff WriterNovember 18, 2022November 18, 2022

Larsen & Toubro (L&T) has won over 57 contracts so far in 2022 as it continues to strengthen its presence in the oil and gas EPC sector, Construction Week reported. Last month, the company reported “better-than-expected” second-quarter profit, on the back of a surge in order inflows. The company’s profit grew by 22.5% to $269.35 […]

Exploration & Production

Saipem secures $800 million new drilling contracts in the Middle East region

by Staff WriterNovember 15, 2022November 16, 2022

Long-term awards in the Middle East confirm Saipem’s strategy towards a key area for its business

EPC Contracts

EPC contractor Galfar’s JV secures $83.1 million contract from Shell Oman

by Staff WriterNovember 11, 2022November 16, 2022

The scope of work includes design and build and operation of the field operating base

Exploration & Production

China’s COSL secures $1.9 billion offshore contracts from Middle East company

by Faiza RizviOctober 25, 2022October 25, 2022

China Oilfield Services Ltd (COSL) has has signed several long-term drilling rig service contracts with a “first-class international oil company in the Middle East,” with a total contract amount of approximately $1.9 billion, the company said. The contract marks “deepening cooperation between the company and international oil companies in various fields of oilfield exploration and […]