The Industry Technology Facilitator (ITF), in collaboration with Maersk Oil, Nexen, Shell, Siccar Point Energy, TechnipFMC and the Oil and Gas Technology Centre (OGTC), is leading a joint industry project (JIP) to investigate an alternative well foundation technology for subsea exploration and production wells.
Saudi Aramco has awarded a US$175 million contract to Baker Hughes, a GE company (BHGE) to drive enhanced production at the Haradh and Hawiyah gas fields, underlining the strong local partnerships of BHGE in the Kingdom.
Italy's Eni and ExxonMobil have completed the deal, signed back in March 2017, that sees the U.S. oil major acquire a 25 per cent indirect interest in Mozambique’s gas-rich Area 4 block in the Rovuma Basin from Eni and assume responsibility for midstream operations.
Baker Hughes, a GE company (BHGE) has inaugurated its Artificial Lift Centre of Excellence at its multi modal facility in the MODON site in the 2nd Industrial City of Dammam, underlining its commitment to localised manufacturing and Saudi talent development.
SNC-Lavalin and Saudi Aramco have signed a Memorandum of Understanding (MoU) signalling SNC-Lavalin’s continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi Arabia.
ABB will provide Woodside, Australia’s largest independent oil and gas company, with a PowerStore Battery storage system that is capable of remote management of operations and service. The system will be installed on the Goodwyn A platform. This ABB solution will contribute to Woodside’s 2020 goal of reducing carbon emissions and will help lower cost of operations and maintenance.
The costs, causes, and repercussions of unplanned downtime are triggering investment in digital tools and field service management, according to a new study commissioned by ServiceMax from GE Digital, a provider of field service management solutions.
Petrofac’s Engineering & Production Services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC), previously known as South Oil Company, for its Iraq Crude Oil Export Expansion Project (ICOEEP).
TechnipFMC officially opened its new 18,000 m2 fully capable Surface International facility in ICAD II as part of its continued investment in the UAE to grow its integrated offerings into the Middle East.
ADNOC Distribution successfully listed its shares on the Abu Dhabi Securities Exchange (ADX) following a bell ringing ceremony led by His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO and His Excellency Hamad Al Shamsi, Chairman of the ADX.
Ineos has found a crack on the Forties pipeline which is a strategic UK asset that delivers almost 40 per cent of the UK’s North Sea oil and gas. Repairs could take a couple of weeks and has led to a large number of platforms suspending production.
V.Ships Offshore, part of V.Group, has been awarded the contract to provide operations and full technical management of the floating storage and offloading (FSO) vessel – Pertamina Abherka in Indonesia.
Hanwha Total Petrochemical, a 50/50 joint venture between Hanwha and Total, will invest more than US$300 million to expand its integrated refining & petrochemicals platform located in Daesan, South Korea.