The Abu Dhabi National Oil Company (ADNOC) has set off record breaking contracts worth up to almost $6 billion (AED22 billion) to enable drilling growth as it boosts its crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 and drives gas self-sufficiency for the United Arab Emirates (UAE). The announcement was […]

The Abu Dhabi National Oil Company (ADNOC) announced the award of two engineering, procurement and construction (EPC) contracts totaling $1.46 billion (AED5.36 billion) for the Dalma Gas Development Project. The Dalma field is part of the Ghasha Concession which is the world’s largest offshore sour gas development and an important enabler of gas self-sufficiency for […]

SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Yellowtail development project. The FEED contract award triggers the initial release of funds by ExxonMobil’s subsidiary Esso Exploration and Production Guyana Limited (EEPGL) to begin FEED activities and […]

Saipem has been awarded two new offshore contracts for transportation and installation activities (T&I) for a total amount of over 600 million USD The first contract was awarded by Chevron Australia Pty Ltd for the Jansz-lo Compression Project, the gas field located around 200 kilometres offshore the north-western coast of Australia, at water depths of […]

NIGERIAN PETROLEUM DEVELOPMENT COMPANY (NPDC on behalf of the OPLs 809 & 810 NNPC/NNDC Production Sharing Contract) NPDC Head Office, Ogba Road Benin City, Edo State. REQUEST FOR EXPRESSION OF INTEREST (“EOI”) AS A FINANCIAL AND TECHNICAL SERVICE PARTNER FOR THE INTEGRATED DEVELOPMENT OF OPLs 809 and 810 ASSETS 1.0 INTRODUCTION NPDC hereby invites qualified […]

NIGERIAN NATIONAL PETROLEUM CORPORATION    NNPC TOWERS, HERBERT MACAULAY WAY,   P.M.B. 190, GARKI- ABUJA, NIGERIA REQUEST FOR EXPRESSION OF INTEREST (EOI) AS A BROKER FOR INSURANCE OF NNPC OIL ASSETS AND LIABILITIES FOR THE YEAR 2022/2023 The Nigerian National Petroleum Corporation invites interested Insurance Brokers registered in Nigeria, to bid as Brokers for its Oil […]

SBM Offshore has  completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which is the largest project financing in the Company’s history. The project financing was secured by a consortium of 13 international banks with insurance cover from Export Credit Agencies (ECA): Nippon Export and Investment Insurance (NEXI) and SACE S.p.A. A letter of intent was received from China Export & Credit Insurance Corporation […]

The European Bank for Reconstruction and Development (EBRD) is supporting the construction of the first inland dry port in Egypt, in 6th of October City, west of Cairo, with a €25 million loan to October Dry Port Company, a special-purpose vehicle established by a consortium of El Sewedy Electric, Schenker Egypt and SLP Logistics. The development […]

BOURBON announced that it has been awarded by SHELL a fully integrated logistics package contract comprising of international freight forwarding, integrated logistics services and PSV (Platform Supply Vessel) services to support two deepwater offshore exploration campaigns in Namibia and Sao Tomé. The project’s scope covers: the international shipment and clearance of SHELL’S and its subcontractors’ […]

Global integrated logistics and materials management company, ASCO, will play a major role in the development of Senegal’s offshore energy industry following a contract award by Senegal Supply Base (SSB). SSB, which is owned by a consortium of national businesses known as COSENI, has contracted ASCO as sole provider of quayside management for all offshore […]