Upstream news
TechnipFMC and MMHE sign a long-term offshore agreement with Saudi Aramco
The agreement, valid for 6 years, covers engineering, procurement, fabrication, transportation and installation of offshore facilities for the development of Saudi Aramco’s offshore projects.
Elbit Systems awarded contract to provide security solution for Karish-Tanin gas fields FPSO
The contract will be performed over an approximately two-year period, with warranty and logistic support continuing for an additional 10 years.
Sapura Energy secures RM760 million in contract wins across services segment
The latest developments have lifted the value of contract wins to RM9.3 billion for its current financial year.
Purvis Industries acquires Ready Bearing Supply of Lubbock, Texas
Ready Bearing has been serving customers in Texas, New Mexico, Arizona, Oklahoma, and Kansas since 1978.
AgileTek looks forward to 2019
The company, which has doubled its workforce in the past 12 months, became part of Tekmar Group plc in June 2018.
Sentinel Marine: order for three new emergency response and rescue vessels
The Aberdeen-based firm is investing in the region of £36 million in the trio of new builds, which will come into service by the end of 2020.
PGS: update on seismic acquisition contract in South America
The company has announced updates on changes of the contract for the 3D survey in South America announced November 14, 2018.
ExxonMobil begins drilling Haimara-1 exploration well offshore Guyana
The Stena Carron drillship is drilling the well, which is located 19 miles (31 km) east of the Pluma-1 discovery in the southeast Stabroek Block.
Forum Subsea Technologies drives cost efficiencies with new eROV
The recently launched XLe Spirit is the first observation-class ROV to utilise Forum’s Integrated Control Engine (ICE™) to bring greater functionality commonly only found in larger work-class vehicles.
PENSPEN to execute the first phase of the FEED of proposed Nigeria-Morocco gas pipeline
The award is a follow-up on the feasibility study completed by Penspen in July 2018.