Contract awards set to rise following crude price gains
There was a 7% drop in oil and gas contract activity worldwide during 2Q 2021, according to GlobalData. There was a 7% drop in oil and...
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Art of Subcontracting
- Sep 11, 2021
- 2 min
Qatar Petroleum Awards Major EPC Deal for NFE Project
Qatar Petroleum has announced the award of a “major” engineering, procurement and construction (EPC) contract for its North Field...
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Art of Subcontracting
- Sep 11, 2021
- 3 min
Could we see $200/b oil
Global oil prices could soar to $200/b if no new investments are made in the oil and gas sector in the short-term, Oman's energy and...
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Art of Subcontracting
- Sep 11, 2021
- 2 min
Adnoc drives Penspen run of contract wins
Penspen has won a clutch of contracts worth $70 million in the Middle East and Africa, dominated by new agreements with Adnoc. The...
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Art of Subcontracting
- Sep 4, 2021
- 2 min
Oil and gas: a risky business
How can investors evaluate the changing oil and gas risk landscape? And what does it mean for valuations? Oil and gas faces an...
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Art of Subcontracting
- Sep 4, 2021
- 1 min
TAQA to conduct strategic review of its international oil and gas business
TAQA's latest strategy focuses on developing its utilities business in the UAE and internationally. Abu Dhabi National Energy Company...
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Art of Subcontracting
- Sep 4, 2021
- 1 min
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. CNOOC...
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Art of Subcontracting
- Sep 4, 2021
- 2 min
UAE's ADNOC signs deals worth up to $1bn with top contractors
Abu Dhabi National Oil Company inks agreements for concept and front-end engineering design services for major projects. Abu Dhabi...
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Art of Subcontracting
- Sep 4, 2021
- 2 min
North Sea oil producers push UK to back 18 new projects
North Sea oil and gas producers are pushing the government to back up to 18 new fossil fuel projects in a major test of the UK’s...
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Art of Subcontracting
- Jul 31, 2021
- 1 min
Altrad’s new contract award with Shell in the UK worth £24 million
ALTRAD has announced the signing of a three-year contract - with the option for two further one-year extensions - to provide services to...
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Art of Subcontracting
- Jul 31, 2021
- 3 min
Global LNG market faces shake-up from Japan's green shift
Shift aims for LNG-fired power generation to fall by roughly half this decade, creating upheaval for Japanese utilities as well as...
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Art of Subcontracting
- Jul 31, 2021
- 2 min
Kent acquires SNC-Lavalin's oil and gas unit
Kent, a leading international integrated energy services partner (formerly Kentech) said it has completed the acquisition of a majority...
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Art of Subcontracting
- Jul 31, 2021
- 2 min
Drilling service firm hits 15 years with global growth
Drilling equipment service firm, RigQuip, is marking 15 years after growing from a small, privately owned Aberdeen business to a firm...
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Art of Subcontracting
- Jul 31, 2021
- 2 min
Seadrill secure agreement to exit Chapter 11
Seadrill Limited ("Seadrill" or the "Company") is pleased to announce that today the Company has entered into a plan support agreement...
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Art of Subcontracting
- Jul 17, 2021
- 1 min
LACC Awards McDermott Contract for Seventh Heater A
McDermott International, Ltd today announced it has been selected by LACC, LLC, a joint venture between Westlake Chemical Corporation and...
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Art of Subcontracting
- Jul 17, 2021
- 1 min
DSME awarded $635m platform contract in Qatar
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has landed a KRW725.3bn ($635m) contract with North Oil Company, a joint...
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Art of Subcontracting
- Jul 17, 2021
- 2 min
Subsea 7 Nets Sizeable Middle East Deal
Subsea 7 has announced the award of a “sizeable” contract in the Middle East. The scope of work includes the engineering, procurement,...
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Art of Subcontracting
- Jul 17, 2021
- 2 min
ADNOC invests more than $750 million in drilling services
The three contracts are for integrated rigless services across six artificial island in the Upper Zakum and Satah Al Razboot. The Abu...
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Art of Subcontracting
- Jul 17, 2021
- 2 min
Valaris floater clinches 16-well contract with Woodside
Offshore drilling contractor Valaris has been awarded a 16-well contract with Woodside for operations offshore Australia. The rig owner...
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Art of Subcontracting
- Jul 11, 2021
- 1 min
Subsea 7 awarded contract offshore Norway
Subsea 7 today announced the award of a sizeable(1) contract by Aker BP for the Kobra East Gekko (KEG) field development, located in the...
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