EL SEWEDY Cables Qatar, a 73.4% subsidiary owned by Senyar Industries Qatar Holding W.L.L., one of Qatar’s leading industrial groups in which Elsewedy Electric is a 50% shareholder, received provisional Letter of Award of a project with a value exceeding USD 328 million.  ELSEWEDY ELECTRIC an Egyptian leading Wires & Cables and Integrated Energy Solution […]

The global quest by energy stakeholders to  reduce carbon emissions through limitation of finance to most oil and gas projects seems to not having vivid prominence presently in global energy business scene as global oil and gas contracts spike in second quarters of 2023, Global Data reported.  Africa’s vehement and discordant views and escalation of […]

TWMA a drilling waste management specialist has been awarded a contract worth up to $15 million to support a large-scale oil and gas project for bp in Egypt. The company will employ its award-winning RotoMill drill cuttings processing technology to process all drilling waste generated from bp’s WND & END exploration and development project in […]

Azule Energy has awarded Aker Solutions a fresh major contract to provide subsea umbilicals for the Ndungu project in Angola. The contract which includes delivery of eight infield umbilicals including spares totalling over 25 kilometers in length according to Aker Solutions is quite a sizeable contract and will cost between NOK 0.5 billion and NOK 1.5 […]

In addition to the recent Bonga contract extension in Nigeria, Valaris said that the company has been awarded a 12-well contract offshore West Africa for drillship VALARIS DS-7, which will be reactivated for this contract. The Company also announced that it is increasing its 2023 share repurchase target from $150 million to $200 million. The […]

Baker Hughes  has been awarded an order by Bechtel Energy Inc. (Bechtel) – to be booked in the second quarter of 2023 – to supply three Main Refrigerant Compressors (MRCs) for NextDecade’s Rio Grande LNG project in the Port of Brownsville, Texas. In total, Baker Hughes will supply six  Frame 7 gas turbines paired with 18  centrifugal compressors across Rio Grande’s first […]

The global expert in onshore seismic acquisition technology and solutions, STRYDE, has been awarded a contract worth over $1 million for the supply of 10,000 seismic receiver nodes and its “Nimble” node receiver system in Nigeria. STRYDE’s seismic sensor technology will be utilised on an upcoming 3D seismic survey conducted by Nigerian geoscience solutions provider, […]

QatarEnergy has said the company has approved the award of the engineering, procurement, and construction (EPC) contract for the North Field South (NFS) project, which comprises two LNG mega trains with a combined capacity of 16 million tons per annum (MTPA). NFS, together with the North Field East (NFE) project, will increase Qatar’s LNG production […]

Baker Hughes, an energy technology company, has announced that it has been awarded an order by Bechtel to supply two Main Refrigerant Compressors (MRCs) for Sempra Infrastructure’s Port Arthur LNG Phase 1 project in Jefferson County, Texas, following the positive Final Investment Decision (FID) announced March 20. Through the Port Arthur LNG Phase 1 project, Sempra Infrastructure aims to deliver […]

Aquadrill and a subsidiary of Vantage Holdings International have reached an agreement to provide the Capella, an MPD outfitted 6th generation drillship, for a one well contract for operations in East Africa. The total contract value for the contract is expected to be approximately $37 million. Work is expected to commence in mid-April 2023 and […]