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NPCC and Petrofac JV awarded offshore contract by Al Yasat Petroleum

NPCC and Petrofac JV awarded offshore contract by Al Yasat Petroleum

National Petroleum Construction Company and JV partner Petrofac, have secured a new contract. NPCC has many projects from Saudi Aramco, Kuwait and India, its main markets, al Dhaheri added. Schneider electric is a leader in digital transformation of energy management and automation. The company is targeting revenues of 7 billion dirhams in 2019. Al Yasat...

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YPF awards McDermott pre-FEED contract for Vaca Muerta LNG in Argentina

YPF awards McDermott pre-FEED contract for Vaca Muerta LNG in Argentina

McDermott International announced it has been awarded a contract by Argentina-based YPF. It protests that briefly disrupted production in part of Argentina’s main shale. YPF SA, Argentina’s state-run energy producer, is closing the tap on some of its natural gas wells. The state-run energy firms of Chile and Argentina said on Wednesday. Norway’s Statoil has...

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Talos Energy completes Zama appraisal program

Talos Energy completes Zama appraisal program

Talos Energy Inc. today provided an update on the Zama appraisal program in Block 7. Production of 42.0 thousand barrels of oil equivalent per day or 3.8 million barrels of oil equivalent has been added. Mr. Young, 48, served as Vice President and Chief Financial Officer of Sheridan Production Company, LLC. Listeners can access the...

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Maersk Drilling awarded 100-day extension for Mærsk Innovator

Maersk Drilling awarded 100-day extension for Mærsk Innovator

Maersk Drilling has announced that CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited. ZIM Integrated Shipping Services has announced an order of 500 Star Cool Integrated Reefers. Maersk launches the construction of its new cold store facility in St. Petersburg to address the needs of a high-demand Russian market. Maersk has closed the...

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Lukoil enters hydrocarbon production project in the Congo

Lukoil enters hydrocarbon production project in the Congo

PJSC Lukoil concludes an agreement with New Age M12 Holdings Limited to acquire a 25% interest. The sports center will make it possible for the children of the Khanty-Mansi Autonomous District. President of LUKOIL Vagit Alekperov and the Governor of the Samara Region Dmitry Azarov signed a supplemental agreement. According to the agreement, the company...

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Riviera Resources sells Michigan properties for $44.5 million

Riviera Resources sells Michigan properties for $44.5 million

Riviera Resources has signed a definitive agreement to sell its interest in properties. Riviera Resources and its wholly owned subsidiary, Blue Mountain Midstream LLC announces financial and operating results. Company has signed a definitive agreement to sell its interest in certain non-operated properties located in the Hugoton Basin. Company also announces it has finalized an...

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SBM Offshore awarded contracts for Exxon’s Liza Unity FPSO in Guyana

SBM Offshore awarded contracts for Exxon’s Liza Unity FPSO in Guyana

SBM Offshore has announced that Esso Exploration and Production Guyana Limited (EEPGL) has confirmed the award of contracts. The Dutch Autoriteit Financiële Markten (AFM) has informed the Company regarding this. SBM Offshore issued its Annual Report for 2018 on last week. The first term of Philippe Barril as Management Board member and COO. The directional...

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Reliance rebukes reports of inappropriate payments for Venezuela oil

Reliance rebukes reports of inappropriate payments for Venezuela oil

Reliance Industries, India’s number one company by market capitalisation. Claims of Reliance Industries Ltd.’s purchases of crude oil from Venezuela’s state-owned oil company. Reliance Industries has stated that it will start natural gas production. Reliance Retail’s revenue for Q4 FY19 grew 51.6 percent to Rs 36,663 crore. Reliance will sell stakes in firms that own...

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Maersk Supply Service to install onboard energy advisory system

Maersk Supply Service to install onboard energy advisory system

Maersk Supply Service signed a contract with Eniram. Danish shipping giant Maersk Group has completed the sale of ordinary share. The sound part of the Maersk Honam was hit by a serious fire in March 2018. Danish shipping giant Maersk has decided to initiate the separation of its drilling activities. Danish shipping group A.P. Moller-Maersk...

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Saipem has been awarded offshore drilling contracts in Norway, Middle East

Saipem has been awarded offshore drilling contracts in Norway, Middle East

Saipem has been awarded new contracts in offshore drilling. A amount of €200,000 against the Chief Executive Officer of the Company. The Board of Directors of Saipem SpA, chaired by Mr. Francesco Caio and held on last week. The Judge for the preliminary hearing in Milan decided yesterday on the request filed by the Public...

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