Aramco has awarded an engineering, procurement, construction and installation (EPCI) contract for its $1 billion Safaniya offshore increment project to China Offshore Oil Engineering Co (COOEC), according to data from DMS Projects. The EPCI works on the Safaniya offshore increment project, which was divided into 10 tenders, includes 13 offshore jackets that will be built in […]
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BP awards multi-million contract for subsea well development project
BP has awarded a multi-million subsea riser contract to UK-based Aquaterra Energy, a leader in global offshore engineering solutions, for a subsea well development project located in Trinidad and Tobago. According to the contract, Aquaterra Energy will provide a complete end-to-end managed service as a fully independent riser system and connector OEM. The contract will […]
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Saipem secures $850 million offshore contracts
Saipem has been awarded two new offshore contracts worth $850 million, one for Engineering, Procurement, Construction and Installation (EPCI) project in the Black Sea and the other for decommissioning activities in the North Sea. The first contract has been awarded by Turkish Petroleum OTC for the second phase of Sakarya FEED and EPCI Project and […]
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QatarEnergy signs contracts to explore oil offshore Suriname
QatarEnergy has signed exploration contracts for Blocks 6 and 8 offshore the Republic of Suriname, the company announced today. Located in the Southern part of offshore Suriname, the adjacent Blocks 6 and 8 lie immediately South of Block 58 in shallow waters, with depths ranging between 40 and 65 meters. QatarEnergy will own a 20% […]
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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 […]
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Worley secures design and engineering contract for world’s largest offshore CCS project
Worley has secured an engineering design services contract for the Kasawari carbon capture and storage (CCS) project in Malaysia. The Kasawari development, set to be one of the world’s largest offshore CCS projects, aims to capture over 3 million tons of carbon dioxide (CO2) per annum. Under the contract, awarded by Malaysia Marine & Heavy […]
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Oman eyes significant production increase from offshore Block 50
Operator of offshore Block 50 Masirah Oil Ltd says it is pressing ahead with a strategy to ramp up output from the field during 2023. Block 50, covering an area of approximately 17,000 sq km, located in Oman’s Gulf of Masirah, is 100 per cent owned by Masirah Oil Limited. Buoying hopes for an uptick […]
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Fugro lands contract for major field development program in Abu Dhabi
European geo-data specialist Fugro has been awarded a contract for site characterisation services for one of the largest long-term field development programmes in Abu Dhabi. Starting this month, Fugro will perform a series of offshore surveys including geophysical, geotechnical and remotely operated vehicle (ROV) inspections supported by advanced engineering and geoconsulting studies to help inform […]
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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 […]
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Saipem awarded $650 million offshore contracts
Saipem has been awarded three new offshore contracts and two FEED contracts worth approximately $650 million. The first contract has been awarded by Azule Energy for the Agogo Full Field Development project, a deepwater greenfield development, approximately 180 kms offshore Angola. The contract encompasses the EPCI of rigid Pipe-In-Pipe flowlines with associated subsea structures. The second […]
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