Petrofac JV wins $1.5bn contract for Algeria petrochemical plant
A Petrofac (LON: PFC) joint venture with China has won a $1.5bn contract for a petrochemicals plant in Algeria.
EPC
Aker Solutions and Drydocks win major deal to upgrade Rosebank FPSO
Aker Solutions (OSLO: AKSO) and Dubai’s Drydocks International have won a deal worth up to £330.5m to upgrade the FPSO for the Equinor Rosebank oilfield.
Santos delays Dorado FID as inflation risk bites
Santos (ASX:STO) has put on hold plans for a final investment decision (FID) at its Dorado oil project offshore Western Australia as spiralling costs related to the construction of a floating production storage and offloading (FPSO) unit pose too much risk.
International EPC players get squeezed in Southeast Asia
International oilfield service companies are facing significant challenges winning contracts in Southeast Asia as local suppliers are increasingly securing available work.
McDermott gives Inpex’s Ichthys LNG a boost after EPC win
McDermott will provide engineering, procurement and construction (EPC) services for a booster compression platform at the Inpex-operated Ichthys liquefied natural gas (LNG) project in Australia.
50 jobs secured as Aberdeen’s Global E&C wins major work with Ithaca
Energy contractor Global Engineering and Construction (Global E&C) has secured a new contract for modifications on Ithaca Energy assets across the UK North Sea.
L&T wins Petronet LNG expansion deal in India
Indian engineering company Larsen & Toubro (L&T) has won a “significant” engineering, procurement, construction, and commissioning order for two LNG storage tanks at the Petronet LNG-led Dahej expansion project in Gujarat.
CNOOC invites ‘alternative strategies’ for Buzzard, Scott and Golden Eagle EPC deal
CNOOC has invited early engagement on the lucrative EPC contract for its Buzzard, Scott and Golden Eagle assets in the North Sea.
McDermotts’ CB&I wins more Philippines LNG work
McDermott International’s CB&I Storage Solutions will provide the engineering, procurement and construction (EPC) work for a second storage tank at Atlantic Gulf and Pacific Company’s (AG&P’s) liquefied natural gas (LNG) import and regasification terminal in the Philippines.
Repsol finishes FEED for giant Indonesian gas discovery
Repsol has finished front-end engineering and design (FEED) work for its giant Kali Berau Dalam (KBD) gas discovery on the Sakakemang Block in Indonesia. The Spanish company and partner Petronas are now moving towards preparation for engineering, procurement, and construction (EPC) contractor selection, according to upstream regulator SKKMigas.
Woodside puts Scarborough and Pluto LNG stakes up for sale
Australia’s Woodside said today that it has launched the sell-down processes for Pluto Train 2 and Scarborough ahead of a planned final investment decision (FID) for the LNG export development that is expected to cost more than $11 billion.
HKA: How best to use lessons from the past to optimise EPC delivery in the future?
The global EPC market was estimated to be worth over US$7.5 trillion in 2019.
Fluor to leave lump-sum work
Fluor has reported a restating of previous results and a decision not to participate in competitively bid lump-sum projects.
Wood picks up US onshore wind work worth £80m
An Aberdeen-headquartered global engineering firm has announced the addition of £80 million ($100m) worth of contracts from the US onshore wind market.
Petrofac snaps up £30m deal with Sharjah National Oil in UAE
Oilfield services firm Petrofac has today announced the award of a £30 million deal by Sharjah National Oil Corporation (SNOC) for a project in the United Arab Emirates (UAE).
Waste-to-Energy plant to create 500 construction jobs
A leading energy firm has decided to press ahead with building a waste-to-energy plant, creating 500 construction jobs.