Oil & Gas News Archive
October - December 2010
Petrofac Awarded US$280 million Offshore Contract by Petronas in Malaysia
Petrofac awarded contract by Petronas Carigali Sdn Bhd for development of the SEPAT offshore early production system on the East coast of Peninsular Malaysia.
30/12/2010
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STEP Offshore Wins Mud Mixing Equipment Contract with STX Offshore & Shipbuilding
STEP Offshore win contract from South Korea's STX Offshore & Shipbuilding Co., LTD to supply equipment for new, dynamically positioned ultra-deepwater Globetrotter-class drillship.
29/12/2010
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Statoil Awards $75 Million Vigdis North-East Project to FMC Technologies
FMC Technologies signs agreement with Statoil for the manufacture and supply of subsea production equipment to support the Vigdis North-East development.
27/12/2010
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Aker Solutions Wins Drilling Equipment Contract
Aker Solutions wins contract to supply complete drilling equipment package for a new deepwater drillship. Contract also includes options for a further two complete drilling packages.
23/12/2010
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Cape Awarded Access Services Contract by Amec-Tekfen-Azfen Alliance
SOCAR CAPE Joint Venture awarded contract by Amec-Tekfen-Azfen Alliance to deliver access services for the fabrication of West Chirag Platform topsides in Azerbaijan.
23/12/2010
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Maersk Oil to Buy Brazilian Assets
Fully owned subsidiary of A.P. Møller - Mærsk A/S, Mærsk Olie og Gas A/S ("Maersk Oil"), agrees with SK Energy Co., Ltd. to acquire SK do Brasil Ltda. for USD 2.4 billion on a cash and debt-free basis.
23/12/2010
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Petrofac to Commence US$3.4 billion Second Phase of Turkmenistan Contract
Petrofac confirms that following successful completion of the first phase of the South Yoloten project for Turkmengas, the state-owned national gas company of Turkmenistan, it has commenced work on the second phase of the project, worth US$3.4 billion.
22/12/2010
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Aker Solutions Wins Ekofisk Topside Early Engineering and Procurement Contract
ConocoPhillips conditionally awards contract for engineering, procurement and construction of the topside module for the Ekofisk 2/4 Z platform to Aker Solutions.
22/12/2010
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Jacobs Announces Definitive Agreement to Acquire Aker Solutions' Process and Construction Business
Jacobs Engineering Group reaches definitive agreement with Aker Solutions ASA (Aker) to purchase a number of Aker's operations within its Process and Construction (P&C) business area.
21/12/2010
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KBR Acquires Roberts and Schaefer Company
KBR acquires Chicago-based Roberts & Schaefer Company, a subsidiary of Elgin National Industries. Roberts & Schaefer is a global leader in engineering, procurement and construction services for bulk material handling and processing systems.
21/12/2010
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Aker Solutions Awarded Goliat Tie-in and Connector Contract
Aker Solutions awarded tie-in and connector scope associated with the Goliat flowlines and risers contract by Technip Norway. Contract party is Aker Subsea AS.
21/12/2010
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Halliburton Confirms Agreement to Settle with Federal Government of Nigeria
Halliburton announces the resolution of the previously disclosed investigation by the Federal Government of Nigeria arising out of allegations of improper payments to government officials in Nigeria.
21/12/2010
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FMC Technologies to Supply Subsea Systems for Shell Offshore Inc.'s West Boreas Project
FMC Technologies, Inc. signs an agreement with Shell Offshore Inc. to supply subsea and topside systems for the West Boreas field development located in the Gulf of Mexico.
20/12/2010
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Shell Awards Cardamom Deep Project to FMC Technologies
FMC Technologies, Inc. signs an agreement with Shell to supply subsea and topside systems for the Cardamom Deep project in the Gulf of Mexico.
20/12/2010
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JGC Corporation Announces Sale of Affiliate Interests to KBR
JGC Corporation today announced that it will be selling its 44.94% share interest in M.W. Kellogg Limited (MWKL) to KBR. MWKL is a UK-based affiliate of both companies.
20/12/2010
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Talisman Energy Announces Strategic Partnership With Sasol in Montney Shale C$ 1,050 Million Farrell Creek Asset Sale
Talisman Energy Inc. today reaches agreement to create a strategic partnership with Sasol Limited to develop the Farrell Creek assets in Talisman's Montney shale play in northeastern British Columbia. Talisman will sell a 50% working interest in its Farrell Creek assets to Sasol.
20/12/2010
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Chevron Sanctions Big Foot Project in the Deepwater Gulf of Mexico
Chevron Corporation sanction development of its $4 billion Big Foot project in the deepwater U.S. Gulf of Mexico. Discovered in 2006, the Big Foot field lies in the Walker Ridge Area and is estimated to contain total recoverable resources in excess of 200 million oil-equivalent barrels.
16/12/2010
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FMC Technologies Awarded $95 Million Order to Supply Subsea Systems for Norske Shell's Ormen Lange Development
FMC Technologies, Inc. signs agreement with Norske Shell for manufacture and supply of subsea production equipment for the Ormen Lange development project in the North Sea. Award has a value of approximately $95 million in revenue.
16/12/2010
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Aker Solutions Wins Contract for Gasification and Liquefaction Plant in USA
Medicine Bow Fuel & Power LLC awards Aker Solutions the Front End Engineering and Design package for its Medicine Bow Industrial Gasification & Liquefaction Plant located near the town of Medicine Bow, Wyoming, USA. Aker Solutions' contract party is Aker Solutions Americas Inc.
16/12/2010
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Clough Sea Trucks JV Awarded DOMGAS Contract for Gorgon
Clough Limited today announced that Chevron Australia entered into a contract valued at approximately A$300 million with the Clough Sea Trucks Joint Venture for the Domestic Gas scope of work on the Gorgon Project.
16/12/2010
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Pöyry-Peritus Awarded Woodside's Concept Definition Study for Lady Nora
Pöyry-Peritus partnership awarded concept definition study for the Lady Nora Development in Western Australia. The Lady Nora development, operated by Woodside Energy Ltd on behalf of the North West Shelf Venture is one of a number of hydrocarbon pools in the Greater Western Flank area to the south west of the Goodwyn A Platform.
16/12/2010
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ABB Wins Offshore Oil & Gas Contracts Totaling $42 Million
ABB wins several orders collectively worth $42 million to provide power supply infrastructure and equipment for several floating, production, storage and offloading vessels. The vessels will produce crude oil off the coast of Brazil; they will be operated by several oil and gas producers, with Petrobras as the end customer.
15/12/2010
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A/S Norske Shell Extends Maintenance and Modification Contract with Aker Solutions
A/S Norske Shell decides to extend the maintenance and modification contract with Aker Solutions, exercising a 2 year option in the existing agreement for the Draugen and Ormen Lange fields. Contract parties are Aker Solutions subsidiary Aker Offshore Partner AS and A/S Norske Shell.
15/12/2010
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Chevron and Other Shareholders Sanction Caspian Pipeline Expansion
Chevron Corporation today announced that the shareholders and governing bodies of the Caspian Pipeline Consortium unanimously approved the $5.4 billion expansion of the Caspian pipeline.
15/12/2010
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BP Agrees to Sell Upstream Interests in Pakistan to United Energy Group Limited
BP announced today that it has entered into an agreement to sell almost all of its exploration and production assets in Pakistan to United Energy Group Limited. UEG will pay BP a total of $775 million in cash for these assets.
14/12/2010
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PSN Merges with Wood Group to Create Leading Global Production Services Provider
PSN confirms today it has entered into an agreement to merge the company with Wood Group's Production Facilities business. In a deal valued at US$955 million, this merger is designed to create the leading global brownfield services provider with annual revenues of around US$3 billion.
13/12/2010
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Shell to Sell Gas Fields in South Texas to OXY USA, Inc.
Shell today announced an agreement to sell a group of gas fields in South Texas to OXY USA, Inc., a subsidiary of Occidental Petroleum Corp., for approximately $1.8 billion, effective January 1, 2011. The sale is a further step in Shell's ongoing portfolio restructuring and focus on capital efficiency.
10/12/2010
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McDermott Awarded Construction and Installation Contract for Gulf of Mexico Field Development
McDermott International subsidiary awarded contract by Arena Offshore, LP for construction and installation of a platform for Arena's "Riker" Prospect, located at Eugene Island Block 338 in 275 feet of water.
10/12/2010
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Expro Awarded Subsea Connections Contract in Brazil
Expro's Connectors & Measurements team contracted to provide Aker Solutions in Brazil with new medium power subsea electrical connection systems, in a multi-million dollar contract.
09/12/2010
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Statoil Sign Technology Partnership with Siemens
Statoil and Siemens sign technology development cooperation agreement. The partnership will initially embrace wind power, subsea technology, electrical engineering technology and energy efficiency measures.
09/12/2010
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Alliance Engineering Awarded South Nemba Auxiliary Project Offshore Angola
Wood Group's Alliance Engineering selected by EPC contractor Daewoo Shipping and Marine Engineering to provide jacket and topsides engineering and design for Chevron's South Nemba Auxiliary project.
09/12/2010
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Aker Solutions Cultivates its Core Businesses
Aker Solutions decides to cultivate its core businesses by creating three separate companies. The new streamlined entities have a clear ambition to grow in their respective markets.
09/12/2010
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KBR Statement Regarding Latest Nigerian FCPA Charges
Recent press reports name KBR Chairman, President and CEO William P. Utt in the latest apparent charges to be filed by the Nigerian Government. The issues related to this latest set of charges involve violations of the Foreign Corrupt Practices Act that occurred between 1994 and 2004.
07/12/2010
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Wood Group - CCC JV Wins US$800m Contract with Petroleum Development Oman
Petroleum Development Oman awards seven-year engineering and maintenance services contract to Wood Group – CCC, a joint venture set up to provide operations and maintenance services for the oil & gas and petrochemical industries in Oman, Bahrain, Kuwait, Qatar, Saudi Arabia, UAE and Yemen.
07/12/2010
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Petrofac Acquires Interest in UK Gas Storage Company
Petrofac acquires 20% interest in Gateway Storage Company Limited (Gateway), to progress and develop the Gateway Gas Storage project in the East Irish Sea. The cash consideration could be up to £33 million over time, funded from cash resources.
06/12/2010
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Chevron Deepwater Gas Project in Indonesia Enters Design Phase
Chevron awarded major front-end engineering and design contracts for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia. Project will include two separate hub developments, each with its own floating production unit, subsea drill centers, export gas and condensate pipelines and an onshore receiving facility.
02/12/2010
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Aker Solutions Establishes Factory in South Korea and Signs Deck Machinery Contract
Aker Solutions sets up new manufacturing facility in South Korea for the production of Pusnes deck machinery(TM). Aker Solutions, among several major contracts, sign contract for delivery of Pusnes deck machinery(TM) for the prestigious "Pieter Schelte" project.
02/12/2010
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E.ON Sells Gazprom Stake
E.ON sells the 3.5 percent stake in Gazprom held by its subsidiary E.ON Ruhrgas. E.ON reached an agreement to sell a 2.7 percent Gazprom stake to Vnesheconombank, Russia's state-owned investment bank.
01/12/2010
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Aker Solutions Signs World First Subsea Gas Compression Contract
Aker Solutions awarded the Åsgard subsea compression system contract by Statoil. Project will be managed out of Aker Solutions' headquarter in Oslo; Norway, while the equipment will be primarily manufactured at Aker Solutions' facilities in Egersund, and Tranby, Norway, and in Aberdeen, UK.
01/12/2010
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Acergy S.A. Awarded Contract Offshore Brazil
Acergy S.A. awarded contract from Petrobras for the Sul-Norte Capixaba Project, located offshore Brazil in water depths of between 30m and 100m. Engineering will begin immediately with offshore installation scheduled to commence late 2011.
01/12/2010
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Expro Wins Subsea Contract in India
Expro awarded subsea contract in India worth $4million. The state-owned Oil & Natural Gas Corporation Ltd awarded Expro a three-year subsea test tree contract for operation in offshore India.
01/12/2010
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FMC Technologies and Petrobras Sign Memorandum of Understanding
FMC Technologies, Inc. signs memorandum of understanding with Petrobras to develop future subsea technology solutions for its oil and gas projects offshore Brazil.
30/11/2010
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Gazprom and Shell Agree to Pursue Broader Cooperation
Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Voser, Chief Executive Officer of Royal Dutch Shell plc, sign protocol on strategic global cooperation. This agreement establishes basic guidelines for the companies' broader collaboration.
30/11/2010
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Total Launch Phase 2 Development of West Franklin Field in UK North Sea
Total launches Phase 2 of the development of the West Franklin field, after receiving approval from the UK Government's Department of Energy and Climate Change.
30/11/2010
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Wood Group Wins Eni Australia Contract
KBR to open an Angola Operating Center based in Luanda. KBR has been operating in Angola since 1968 and has executed a significant number of projects in the region.
29/11/2010
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KBR to Open Angola Operating Center
KBR to open an Angola Operating Center based in Luanda. KBR has been operating in Angola since 1968 and has executed a significant number of projects in the region.
29/11/2010
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Wortel Project in Indonesia Approved for Development
Santos today announced the final investment decision approving development of the Wortel gas project, located offshore Madura Island in the Sampang PSC, East Java, Indonesia.
26/11/2010
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Petrofac Enters Strategic Alliance with Seven Energy
Petrofac enters into strategic alliance with Seven Energy International Limited ('Seven Energy'), a leading Nigerian production and development company.
25/11/2010
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Technip Inaugurates its Asiaflex Products Plant in Malaysia
Technip inaugurates its Asiaflex Products flexible pipe manufacturing facility located in Tanjung Langsat, Malaysia. New plant will allow the Group to further develop in the growing Asia Pacific and Middle East Subsea oil & gas markets.
25/11/2010
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Expro Announces Indonesian Contract Win
Expro today announced the award of a multi-disciplinary contract by Bunga Mas International Company. The contract will see Expro utilise its Drill Stem Test tools, Surface Testing Equipment and Slickline Services to provide complete Well Testing Services to Bunga Mas.
25/11/2010
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Aker Solutions Signs First Subsea Contract with CNOOC
Aker Solutions signs subsea contract with the state-owned oil company China National Offshore Oil Corporation (CNOOC) to supply subsea production system for the Yacheng 13-4 gas field.
25/11/2010
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Wood Group Wins Eni Australia Contract
Wood Group, among others, selected by Eni to provide long term engineering services to support Eni's Australian assets, including Blacktip, Woollybutt and the upcoming Kitan development. Work will be performed at Wood Group's Perth and Darwin offices.
25/11/2010
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Breakthrough Subsea Deal for Aker Solutions
Aker Solutions secures important contract to supply heating systems for the subsea pipelines that Technip will deliver and install for the Goliat field in the Barents Sea.
24/11/2010
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Expro Secure Subsea Connector Contract with FMC Konbsberg
Expro secures £1.9million contract with FMC Kongsberg to supply connector systems to the Laggan-Tormore gas field development, 125 miles West of Shetland.
23/11/2010
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Apache Selects OGN Group for North Sea Platform Construction
Apache Corporation today announced that it has selected OGN Group, a United Kingdom-based oil and gas engineering and fabrication contractor, to build a new satellite oil production platform for the UK Forties field.
23/11/2010
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AMEC Awarded Forties Contract by Apache North Sea Limited
AMEC selected by Apache North Sea Limited to undertake project management, engineering and procurement for the design and implementation of brownfield modifications to the Forties Alpha platform.
23/11/2010
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Scottish and Southern Energy Agreement with Faroe Petroleum
Scottish and Southern Energy enters into agreement with Faroe Petroleum to work together to identify, assess and, where good value can be obtained, acquire producing oil and gas assets in the North Sea.
19/11/2010
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Aker Solutions Wins Oil Separation Contract in Brazil
Aker Solutions signs contract to design, build and supply heavy oil separation equipment to an FPSO vessel operated by OSX, an EBX group company, in Brazil.
19/11/2010
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AMEC Awarded Judy and Jasmine Contract, North Sea
AMEC awarded detailed engineering and procurement for ConocoPhillips' existing Judy platform and hook-up and commissioning of their new Jasmine facilities in the North Sea, 240 kilometres south-east of Aberdeen.
18/11/2010
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Technip Awarded Major Offshore Contract for Mariscal Sucre Development in Venezuela
Technip awarded engineering, procurement, construction management contract by Petroleos de Venezuela S.A. for the Mariscal Sucre Dragon/Patao development, offshore the North-east coast of Venezuela.
18/11/2010
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BP Suspends Production from Rhum Gas Field in the Central North Sea
BP confirmed today that, pending clarification from the UK Government on certain aspects of the new EU Regulations concerning restrictive measures against Iran, production from the Rhum gas field in the central North Sea has been suspended.
17/11/2010
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Statoil Developing Smørbukk North-East
Partners in the Norwegian Sea Åsgard licence make investment decision to develop the Smørbukk North-East segment as a satellite to the Åsgard B platform. Production is expected to start in December 2011.
17/11/2010
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Technip Awarded Flare Gas Recovery Contract in the United States
Technip awarded engineering, procurement and construction support lump sum contract by Valero Refining Company for two flare gas recovery units at its Port Arthur, Texas refinery.
16/11/2010
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TNK-BP Signs Cooperation Agreement with Petrovietnam
TNK-BP, as part of its strategy to expand its business internationally, signs cooperation agreement with the Vietnamese state corporation PetroVietnam outlining the further steps and activities to be undertaken as part of the companies' long-term cooperation.
15/11/2010
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BP Agrees Sale of Five Southern African Marketing Businesses to Puma Energy
BP today announces agreement to sell its fuels marketing businesses in Namibia, Botswana and Zambia to Puma Energy.
15/11/2010
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Subsea 7 Announces US$110M 'Day Rate' Contract for Petrobras
Subsea 7 Inc. today announced award of new Day-Rate contract with Petrobras (Petróleo Brasileiro S/A). The contract, valued in excess of US $110m, is for the exclusive use of Subsea 7's pipelay vessel, "Lochnagar" and will run for a period of two years.
15/11/2010
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Subsea 7 Announces $85M Pipelay Contract for Statoil in the North Sea
Subsea 7 Inc. announce today the award of an engineering, procurement, installation and commissioning (EPIC) contract from Statoil ASA for the Pan Pandora and Katla fields in the Norwegian sector of the North Sea.
15/11/2010
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Petrofac Awarded £40 Million North Sea Engineering Services Contract by Maersk Oil
Petrofac awarded contract worth £40 million over three years for the provision of engineering services to the UK Continental Shelf assets of Maersk Oil North Sea UK Ltd.
12/11/2010
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Contract for the Construction of Pre-salt Platforms
Petrobras, together with its partners (BG, Galp Energia, and Repsol), and through its Tupi-BV and Guará-BV affiliates signs two contracts with the Brazilian outfit Engevix Engenharia S.A.
11/11/2010
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Go-ahead for Wind Farm in Northumberland and Gas Plant in Lincolnshire, England
Charles Hendry, Minister for Energy, gives green light for 56MW onshore wind farm on the Ray Estate near Kirkwhelpington, Northumberland and the construction of a 900 MW Combined Cycle Gas Turbine power station at West Marsh Road, Spalding, Lincolnshire, England.
11/11/2010
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Subsea 7 Awarded $55M Contract in the North Sea
Subsea 7 awarded contract in the Danish sector of the North Sea valued in excess of US $55 million. Subsea 7 work scope is to engineer, procure, fabricate, install and commission a 2.2.km bundle system.
10/11/2010
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Wood Group Awarded Five Year Operations and Maintenance Contract for FPSO Sevan Voyageur on Huntington Field
Wood Group awarded five year operations and maintenance contract by Sevan Marine to provide asset management services for the FPSO Sevan Voyageur (Floating Production Storage & Offloading) on the Huntington field in the UK central North Sea.
09/11/2010
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Mott MacDonald Appointed on Shell Middle East and Asia Framework
Mott MacDonald appointed by Shell Petroleum International Company Ltd to provide Engineering, Procurement and Construction Management services to Shell distribution engineering projects in the Middle East and Asia region under a global framework agreement.
09/11/2010
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Chevron Announces Agreement to Acquire Atlas Energy
Chevron Corporation and Atlas Energy, Inc. announce today that Chevron would acquire Atlas Energy for cash of $3.2 billion and assumed pro forma net debt of approximately $1.1 billion.
09/11/2010
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Aker Solutions Wins Hebron GBS Project
Kiewit-Aker Contractors, 50/50 joint venture between Peter Kiewit Infrastructure and Aker Solutions, awarded contract by ExxonMobil Canada Properties for Hebron Project gravity based structure.
09/11/2010
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Shell Reduces its Interest in Woodside
Royal Dutch Shell announces an agreement to sell part of its stake in Woodside Petroleum Limited to equity investors.
08/11/2010
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PSN Wins Record North Sea Services Contract from Shell
PSN (Production Services Network) awarded major integrated services contract by Shell UK Limited. The record five year contract is worth in excess of $500 million (USD) to PSN and includes the provision of integrated services to eight of Shell's North Sea assets.
05/11/2010
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Shell to Sell Gulf of Mexico Fields to W&T Offshore, Inc.
Shell agree to sell its interest in six Gulf of Mexico oil and gas fields to W & T Energy VI, LLC, a wholly owned subsidiary of W&T Offshore Inc., for $450 million, with an effective date of September 1, 2010, as part of an ongoing portfolio restructuring and focus on capital efficiency.
04/11/2010
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Apache Completes Acquisition of BP Assets in Egypt's Western Desert
Apache Corporation subsidiary completes its acquisition of BP's oil and gas operations, acreage and infrastructure in Egypt's Western Desert. Transaction marks the final step in Apache's previously announced three-part acquisition of BP assets.
04/11/2010
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Wood Group Awarded Three Year Contract Extension by Hess Limited
Wood Group reappointed for three years as the prime contractor by Hess Limited and co-venturers to provide operations & maintenance services to the Triton FPSO operating in the Bittern, and Greater Guillemot Area, located 140 miles east of Aberdeen.
04/11/2010
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Acergy S.A. Awarded Contract in the North Sea
Acergy S.A. today awarded contract valued at approximately $50 million from Dana Petroleum PLC on the Medway Development Project in the Dutch sector of the North Sea.
04/11/2010
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AMEC Awarded FEED for Maersk's Curlew FPSO
AMEC appointed by Maersk FPSOs to carry out the front-end engineering design for modifications to the Curlew floating production storage and offloading vessel in the central North Sea.
03/11/2010
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Subsea 7 Announces $100M Contract Award for BP in the North Sea
Subsea 7 Inc. awarded contract by BP for a two and a half year frame agreement for Life-of-field services in the UK and Norwegian North Sea.
02/11/2010
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GE Oil & Gas Awarded $113M Contract for CLOV Offshore Angola
GE awarded $113 million contract to supply gas turbines and compressors for deployment in the CLOV offshore Angola oil and gas fields owned by Sonangol, Angola's national oil company, and operated by Total (40 percent share), ExxonMobil, BP and Statoil.
29/10/2010
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Halliburton Comments on National Commission Cement Testing
On May 22, 2010, President Obama established the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling to examine the facts and circumstances to determine the cause of the Deepwater Horizon Oil Disaster, develop options for guarding against future oil spills associated with offshore drilling and submit a final public report to the President with its findings within six months of the Commission's first meeting.
29/10/2010
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Cape Wins £7.5 Million, 5 Year Contract with BHP
Cape awarded five year fabric maintenance contract, providing a range of services in support of BHP Billiton Petroleum`s Liverpool Bay Assets in the Irish Sea.
28/10/2010
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STEP Offshore to upgrade Awilco Drilling's Arctic II
STEP Offshore, a wholly-owned subsidiary of Aker Solutions, has won a contract from Awilco Drilling Limited to engineer and deliver mud mixing and solids control systems to the Arctic II rig. Contract involves major upgrades and additions to the mud mixing and solids control equipment.
27/10/2010
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Petrofac Awarded Gas Plant Contract with Total
Petrofac awarded contract by Total E&P UK Limited for development of gas processing plant on Shetland Islands. Work scheduled to begin in October 2010, with first gas expected from project in Q2 2014.
27/10/2010
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FMC Technologies to Supply Subsea Systems for Shell's Parque das Conchas Phase II Project Offshore Brazil
FMC Technologies signs contract with Shell Group Companies to supply subsea systems for the Parque das Conchas Phase II project. FMC's scope of supply will include 11 subsea trees rated at 10,000 psi and two production manifolds.
26/10/2010
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Technip Awarded Pipe Lay Contract in Ghana
Technip awarded lump sum contract by Ghana National Petroleum Company for phase 1 of the Natural Gas Transportation and Processing project. Contract will be executed by the Group's operating center in Paris.
26/10/2010
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BP to Sell Interests in Four Gulf of Mexico Fields to Marubeni
BP reaches agreement to sell its recently-acquired interests in four mature producing deepwater oil and gas fields in the US Gulf of Mexico to Marubeni Oil and Gas for $650 million.
25/10/2010
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Technip Awarded Marine Well Containment System Contract in the United States
Technip awarded contract by ExxonMobil, on behalf of the Marine Well Containment Company, to design an emergency response system that will be available to contain oil in the event of a potential future underwater well incident in the deepwater Gulf of Mexico.
19/10/2010
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BP to Sell Venezuela and Vietnam Businesses to TNK-BP
BP reaches agreement to sell its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for a total of $1.8 billion.
18/10/2010
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ExxonMobil Awards Contract to Halliburton for West Qurna (Phase 1) Field in Southern Iraq
Halliburton awarded wellwork integrated services contract by ExxonMobil Iraq Ltd. for refurbishment of wells in the West Qurna (Phase 1) field in southern Iraq.
14/10/2010
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Foster Wheeler Wins Pre-FEED and FEED for Perla Early Production Facilities in the Gulf of Venezuela
Foster Wheeler awarded pre-front-end engineering design and front-end engineering design contract by Cardon IV, S.A., for new production facilities at the Perla field, located in the Gulf of Venezuela, Caribbean Sea.
12/10/2010
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Aker Solutions Partners with Matasis Investment Holdings in South Africa to Form Strategic New Company
Aker Solutions in South Africa and the South African investment company Matasis Investment Holdings form new incorporated company: Aker Solutions Matasis, based in Bryanston, Johannesburg.
10/10/2010
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Aker Solutions Goes Subsea for Shell in Gulf of Mexico
Aker Solutions signs three subsea contracts with Shell Offshore Inc for deliveries to the operator's Popeye and Europa fields in the Gulf of Mexico. Aker Solutions' contract parties are Aker Subsea Inc and Aker Marine Contractors Inc.
08/10/2010
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Marine Well Containment Project Awards Front-End Engineering Design Contract for Subsea Equipment
ExxonMobil, on behalf of the Marine Well Containment Company (MWCC), announce award of contract to Technip for front-end engineering and design of underwater well-containment equipment. Equipment, when complete, will be used by the MWCC to provide emergency response services in the U.S. Gulf of Mexico.
07/10/2010
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AMEC Awarded FEED Contract by National Grid
AMEC awarded front-end engineering design contract from National Grid Carbon for a carbon capture and storage project at Longannet Power Station in Fife, Scotland. Bulk of this project will be funded by the Department of Energy and Climate Change.
07/10/2010
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Technip Awarded Major Contract for Offshore Projects in Saudi Arabia
Technip awarded lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract, worth nearly USD400 million, by the Khafji Joint Operations (joint venture between Aramco Gulf Operations and Kuwait Gulf Oil Company), for the Khafji Crude Related Offshore Projects.
07/10/2010
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GE Continues Expansion of $40 Billion Energy Technology Portfolio With Acquisition of Dresser, Inc
GE signs contract to acquire Dresser, Inc., a global energy infrastructure technology and service provider. The $3 billion deal is the latest in a series of acquisitions over the last 10 years that has helped grow GE's energy business and deliver record profitability.
06/10/2010
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Aker Solutions Wins Drilling Riser Contract for Sevan Marine
Aker Solutions wins contract to provide a complete 8 000 feet drilling riser system to Sevan Marine's deepwater drilling rig Sevan Brasil. The contract is worth more than USD 40 million.
06/10/2010
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AMEC and BP Enter Into Another Long-term Strategic Contract for Onshore Projects
AMEC enters into global agreement with BP International Ltd to provide Engineering and Project Management Services (EPMS) for BP's onshore facilities developments around the world.
05/10/2010
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Petrofac and Shell Agree Partnership for North Sea CCS Project
CO2DeepStore, part of the Petrofac group, signs an agreement with Shell U.K Limited in respect of the re-development of the Goldeneye gas field in the North Sea, as a potential CO2 storage facility.
04/10/2010
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BP Pledges Collateral for Gulf Of Mexico Oil Spill Trust
BP pledges certain Gulf of Mexico assets as collateral for the $20 billion Deepwater Horizon Oil Spill Trust which was set up to pay legitimate claims arising from the April 20 incident.
01/10/2010
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Repsol and Sinopec Form Alliance in Brazil
Repsol and China's Sinopec enter into an agreement to jointly develop the projects of Repsol Brasil, the upstream subsidiary of Repsol in Brazil, creating one of Latin America's largest energy companies, valued at $17.773 billion.
01/10/2010
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Subsea 7 Announces Major $250m Pipelay Contract for Total in the North Sea
Subsea 7 awarded major engineering, procurement, installation and commissioning contract by Total E&P UK Limited for the Laggan Tormore deepwater gas field development, West of Shetland in the North Sea.
01/10/2010
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