Amec Foster Wheeler announces today that it is expanding its UAE operations in response to recent key contract awards and growing opportunities in the Middle East.  The Middle East market remains strong in a time of oil price u... Read More


  One of the largest investors in the North Sea has said that it will slash spending by $3bn following the slump in oil prices. French oil and gas giant Total is reducing the amount it spends on projects to between $20bn and ... Read More


  Yokogawa Electric Corporation announces the renewal of a global agreement with BP*1 to supply main automation contractor*2 services (MAC services) to BP's upstream entities. With the renewal of this agreement, BP and Yokogawa have r... Read More


  FMC Technologies, Inc. has received an award from Shell Offshore, Inc. (Shell) for its Appomattox deepwater development in the Gulf of Mexico. FMC Technologies will provide Enhanced Vertical Deepwater Trees, subsea manifolds, topsid... Read More


  On behalf of the Peregrino licence partners, Statoil is awarding a contract to Wood Group to provide four-year operations and maintenance for our two wellhead platforms (Alpha and Bravo) and modification services for both units and the ... Read More


  On behalf of the Johan Sverdrup partnership, Statoil has awarded an EPC contract for subsea equipment for the Johan Sverdrup project to FMC Kongsberg Subsea AS. The contract involves establishment of a new and cost efficient standard fo... Read More


  Technip has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali Sdn Bhd (PCSB) for D18 Project. The project covers the procurement and installation of two 8” water injection f... Read More


   During the Eastern Economic Forum, Rosneft and the Far Eastern Shipbuilding and Ship Repair Center (FESRC) signed contracts for design, building and supply of two reinforced ice-class multi-functional support vessels. Additional t... Read More


  Bechtel announced today its selection by Gulf MP Company Ltd of Thailand to manage construction of pipelines that will feed gas into a network of planned new power generation facilities. Bechtel will manage engineering, procur... Read More


  Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil with a value in excess of USD 150 million for the Culzean development. The ultra-high ... Read More