Two Singapore-based turnkey service providers and engineering, procurement and construction (EPC) companies have penned a $50m agreement to develop small-scale LNG bunkering in Southeast Asia.
Brazil’s state-controlled oil company, Petroleo Brasileiro SA , said on Nov. 28 it had sold rights to more than 30 oil fields for more than $800 million as part of a longstanding divestment plan to reduce the company’s debt.
FIRST Exploration and Petroleum Development Co. has contracted the Aquaterra Energy/Maerlin Nigeria consortium to provide two Sea Swift conductor-supported offshore platforms.
Royal Boskalis Westminster N.V. (Boskalis) with its partners has been selected as a contractor on Saudi Aramco's Long Term Agreement for Offshore Facilities (LTA) program.
Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion
Some oil and gas companies are turning to renewables, particularly solar, to boost oil production from fields as they work to reduce carbon footprints while meeting today’s global energy needs.
Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin met in Istanbul to give the order for the final joint of the TurkStream pipeline to be welded into place.