ADDAR has awarded Indian EPC company, Nuberg Engineering, a turnkey contract for its Greenfield Sulfolane and speciality Chemical Plant in Saudi Arabia. The contract valued at $35 million is a major win for Nuberg, which is a specialized EPC contractor for chemical plants. The entire project is worth $60 million all-inclusive.
Statoil today announced that the Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania.
KBR, Inc. (NYSE: KBR) announced today that it has signed a joint venture (JV) agreement with the State Oil Company of Azerbaijan Republic (SOCAR) to establish a new engineering and support services company in Azerbaijan.
In 2014, the Company achieved various breakthroughs in exploration and the reserve replacement ratio for the year was 112%. Benefitting from the Company's innovations in "thinking outside the box", technology and management, the Company made 20 new commercial discoveries and appraised 18 oil and gas structures successfully.
AVEVA announced today that TOTAL E&P NORGE AS (TOTAL) has chosen AVEVA Activity Visualisation Platform (AVEVA AVP) to support training activities on its Martin Linge topside platform in the North Sea. Seeking an immersive training environment to facilitate advanced training for their HSE (Health, Safety and Environment) and other scenarios, TOTAL chose AVEVA after a competitive selection process.
AVEVA today announced the latest release of AVEVA Diagrams, engineering software that enables the creation and delivery of intelligent P&IDs and other schematics. This major software update will enable process and systems engineers to collaborate more efficiently on multi-discipline projects thereby eliminating errors and inconsistencies that could otherwise lead to costly subsequent rework.
Fluor Corporation (NYSE: FLR) was awarded a contract by Shaanxi Non-Ferrous Tian Hong REC Silicon Materials Co., Ltd., (TianREC) to provide detailed design services and technical support for its new polysilicon plant to be located in Yulin, Shaanxi Province, China. Fluor will book the contract for an undisclosed value in the first quarter of 2015.
Amec Foster Wheeler announces today the award of a technical services agreement contract by Oman Oil Refineries and Petroleum Industries Company SAOC (Orpic) for the Mina Al Fahal Refinery and Sohar Refinery, Aromatics and Polypropylene plants, Oman.
FMC Technologies Inc. and Technip today signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two subsea industry leaders. This alliance will redefine the way subsea fields are designed, delivered and maintained.
The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of its 30% interest in oil mining lease (OML) 18 and related facilities in the Eastern Niger Delta. Its interests in OML18 were assigned to Eroton Exploration & Production Company Limited. Total cash proceeds for Shell amount to $737 million.