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Category: Oil and Gas Market Update

Market Update Jan, 2023

Posted by: Chemist Posted on: January 25, 2023

Headlines – Listed below:

1 Chesapeake Announces Sale of Initial Eagle Ford Package for $1.425B
United States – Shale Gas
2 Saipem Awarded 2 Contracts for Total Amount of $900M
Brazil – EPC
3 TA’ZIZ & Proman Sign Agreement to Develop 1st Methanol Facility
United Arab Emirates – Petrochemicals
4 Hudong Selected TMC to Deliver Compressed Air System
China – Compressors, Gas
5 GTT Obtains AIP from LR for Maintenance Solution for LNG Tanks
France – Maintenance and Repair News
Discover the Opportunities in West Africa
6 Vallourec Secures Significant Orders in the Gulf of Mexico
United States – Pipe Lining
7 Koil to Provide Subsea Equipment for Shenandoah Development
United States – Subsea Production
8 Eni & Sonatrach Sign Agreements to Strengthen Energy Security
Algeria – Natural Gas
9 RWE Chooses Reganosa to Operate, Maintain New LNG Terminal
Germany – LNG Terminal
10 KARMOL Secure $71M Loan From Japanese Banks for SENEGAL FSRU
Senegal – FSRU

Reference – Gulf Oil and Gas Newsletter

Market Update Oil, Gas, Energy Jan-2022

Posted by: Chemist Posted on: January 21, 2022

Market Update Middle East Jan-2022 (HIGHLIGHTS)

1 Aramco Signs 10 Agreements during Saudi-Korean Investment Forum
Saudi Arabia – Contracting Services
2 bp & Oman Form Partnership to Progress Renewable Energy
Oman – Renewable Energy
3 Equinor Awarded 26 New Production Licences on the Norway
Norway – Acquisitions and Divestitures
4 Commission Prohibits Proposed Acquisition of DSME by HHIH
South Korea – Mergers and Acquisitions
5 LUKOIL Selects Lummus Ether & Alkylation for its Operations
Russia – Process Technology Licensing
6 NYK Decides to Order Four LNG-Fueled Capesize Bulk Carriers
China – LNG Carriers
7 TotalEnergies Sells its Non-Operated Interest in Block 14
Angola – Acquisitions and Divestitures
8 TechnipFMC Awarded Integrated EPCI Contract by Equinor
Norway – EPC
9 Maersk Drilling Secures Contract with TotalEnergies
Denmark – Rigs
10 Woodside & Commonwealth LNG Sign HOA for LNG Supply
United States – Natural Gas

Gulf Contracts and Tenders Top10

Posted by: Chemist Posted on: October 3, 2021

Top 10 news about Contracts and Tenders

1 Amarinth Delivers Multiple Orders of Centrifugal Pumps for Tortue FPSO
Mauritania – Centrifugal Pump
2 PGNiG to Acquire 21 Licenses on the Norwegian Continental Shelf
Norway – Acquisitions and Divestitures
3 Shell Completes Sale of Western Desert Assets in Egypt
Egypt – Acquisitions and Divestitures
4 Award of Seismic Acquisition Contract
Tanzania – Seismic Survey
5 Equinor & Rosneft Agree to Cooperate on Carbon Management
Russia – Environmental Services
6 SBM Completes $635M Bridge Loan for FPSO Almirante Tamandare
Brazil – FPSO Vessels and Equipment
7 Technip Energies & NPCC to Advance Energy Transition
United Arab Emirates – Emissions Measuring
8 KBR Awarded Digital Advisory Services Contract by OCI Beaumont
United States – Monitoring & Control
9 GTT Obtains Tank Design Order for 2 LNG Carriers from HSHI
South Korea – LNG Carriers
10 PGS Awarded Contract Offshore Suriname
Suriname – Seismic Survey

Contracts and Tenders Update Sept, 2021

Posted by: Chemist Posted on: September 24, 2021

1 Shell Signs Agreement to Sell Permian Interest for $9.5B to ConocoPhillips
United States – Acquisitions and Divestitures
2 Petrofac Awarded EPCC Contract in Bahrain
Bahrain – EPC
3 Saipem Signs MoU with Saudi Aramco for Potential New Company
Saudi Arabia – Engineering
4 Suncor to Acquire Equity Interest in the Northern Courier Pipeline
Canada – Acquisitions and Divestitures
5 Aker Solutions Wins Two Platform FEED Contracts for NOA and Froy
Norway – FEED
6 Gazprom Neft & LUKOIL Establish a JV to Develop Oil & Gas Cluster
Russia – Development
7 Grace Licenses UNIPOL® PP Process Technology to GAIL Limited
India – Process Technology Licensing
8 Subsea 7 Awarded EPCI Contract Offshore Norway
Norway – EPC
9 Shelf Drilling Awarded New Contract in India with ONGC
India – Rigs
10 SBM Offshore Completes $1.6B Financing of Sepetiba
Brazil – Financials and Investment

Gulf Tenders and Contract Awards Aug, 2021

Posted by: Chemist Posted on: September 12, 2021

August, Septemeber 2021 Tenders and contract awards in Gulf.

1 Mubadala & Eni Sign MoU in Energy Transition Initiatives
United Arab Emirates – Emissions Measuring
2 Petrofac Secures Libya EPCC Contract
Libya – EPCC
3 Aramco Announces Major Expansion of its Industrial Investment Program
Saudi Arabia – Investment
4 TotalEnergies Signs Agreements for Basra Natural Resources Development
Iraq – Photovoltaic Solar
5 BOURBON Wins New Integrated Logistics Contracts with SHELL
Namibia – Project Logistics
6 MOL & GTLK Sign a Letter of Intent for the FSU Projects
Russia – LNG Carriers
7 Multiple PSV Contracts in West Africa
West Africa – PSV
8 SBM Signed the Letter of Intent for FPSO
Brazil – FPSO Vessels
9 TechnipFMC Announces Sale of Stake in Technip Energies
France – Mergers and Acquisitions
10 Chariot Signs Drilling Rig Contract Award in Morocco
Morocco – Rigs

Market Update Oil, Gas, Energy

Posted by: Chemist Posted on: July 30, 2021 , ,

Market Update and Contracts awarded during the month for Oil, Gas, Power and Energy sectors.

1 Sirius Signs MoU with Baker Hughes for OML 65 Development
Nigeria – Drilling Engineering & Equipment Systems
2 McDermott Selected for Licensed Modular Unit for Baltic Chemical Plant
Russia – EPC
3 ABB to Divest Dodge to RBC Bearings for $2.9 Billion
Switzerland – Mergers and Acquisitions
4 Air Products Chooses Haldor Topsoe’s Low-Carbon SynCOR™ Technology
Canada – Process Technology Licensing
5 Dana Gas Wins Arbitration on Sale of Egypt Assets
Egypt – Acquisitions and Divestitures
6 GTT Receives Order for Tank Design of 6 LNG Carriers
Korea – LNG Carriers
7 Ukraine to Insist on Nord Stream 2 Sanctions
Ukraine – Oil and Gas Pipeline
8 Honeywell Selected by Royal Vopak for its TMS
United States – Transport of Hydrocarbons
9 Jefferson Executes Terminal Services Contract with ExxonMobil
United States – LNG Terminal
10 Prysmian Group Awards Umbilicals Order in Brazil
Brazil – Umbilical Lines

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Gulf Oil, Gas and Energy Update July

Posted by: Chemist Posted on: July 8, 2021 ,

CONTRACTS AWARDED IN MIDDLE EAST

1 Baker Wins Contracts for Flexible Pipes Across Five Offshore Fields
Brazil – Pipes
2 TechnipFMC Awarded Significant Integrated EPCI (iEPCI™) Contract
Ghana – iEPCI
3 Sembcorp Secures Modification Work on Tupi B.V. FPSO P-71
Brazil – FPSO Vessels and Equipment
4 Aker Wins Topside Modification Contract for Hasselmus Development
Norway – Offshore Platforms
5 Subsea Integration Alliance Awarded EPCI Contract Offshore Norway
Norway – EPC

6 Valaris Announces Floater Contract Award
Mauritania – Rigs
7 Qatar Petroleum Raises $12.5B via a Multi-tranche Bond Offering
Qatar – Financials and Investment
8 Petrofac Marks Decade on Cygnus with New Neptune Energy Contract
United Kingdom – Maintenance and Repair
9 TGS & PGS Announce Lewis Hills 3D Multi-client Phase 2
Canada – Seismic Survey
10 QP Enters into Agreements with TotalEnergies to Acquire 3 Blocks
South Africa – Acquisitions and Divestitures

Gulf Oil, Gas and Energy Update

Posted by: Chemist Posted on: June 18, 2021 ,

Gulf Oil, Gas and Energy Update June 2021

1 Saipem Awarded New Contract by ADNOC for Shah Gas Plant
United Arab Emirates – EPC
2 IOCL Awards McDermott Two EPCC Refinery Contracts
India – EPC
3 Petrobras Signs Contract to Supply Eighth Unit in Buzios
Brazil – FPSO Vessels and Equipment
4 Magellan Midstream Announces Sale of Independent Terminals
United States – Acquisitions and Divestitures
5 Shelf Drilling Secures 1Y Contract for Tenacious Jack-up Rig
Angola – Rigs
6 Worley Providing Sulphur Recovery Technologies to Grassroots Refinery
Indonesia – Process Technology Licensing
7 Block Energy and Baker Hughes Announce Agreement in Georgia
Georgia – Process Technology Licensing
8 Tourmaline Acquired Black Swan Energy
Canada – Mergers and Acquisitions
9 Eni Signs for the Merging of Meleiha & Meleiha Deep Concessions
Egypt – Exploration
10 Havfram Awarded African Technip Energies Contract
Mauritania – Mooring Systems

Oil, Gas and Energy Market Update

Posted by: Chemist Posted on: June 14, 2021 , ,

Oil, Gas and Energy Market Update of the entire Gulf!

1 Karoon & TechnipFMC Sign iEPCI™ Contract for Patola Project
Brazil – EPC
2 Nextchem Awarded by TotalEnergies Engineering Contract for Biojet Plant
France – FEED
3 Technip Collaborate with Agilyx for its Polystyrene Technology
France – Process Technology Licensing
4 Pavilion Energy & bp Singapore Sign 10-Year LNG Supply Agreement
Singapore – Natural Gas
5 Lukoil to Acquire Share in Al-Farabi Offshore Project
Kazakhstan – Acquisitions and Divestitures
6 Egypt’s Prime Minister Follows up the 1st Petrochemical Complex
Egypt – Petrochemicals
7 Black & Veatch to Conduct Feasibility Studies for Andes Energy Terminal
Colombia – Engineering
8 Entrion Partners with Acteon for FRP Monopile Feasibility Study
United States – Mooring Systems
9 Gazprom Neft & Shell to Cooperate in Upstream & Renewable Energy
Russia – Exploration
10 OMV and MOL Group Reach Agreement to Acquire OMV Slovenia
Slovenia – Mergers and Acquisitions

Gulf Contracts News Update

Posted by: Chemist Posted on: June 4, 2021 , ,

1 Technip Awards PEMS Services Contract by KIPIC
Kuwait – Project & Resource Management
2 Subsea 7 Announces Expected Contract Award Offshore Brazil
Brazil – EPC
3 TechnipFMC Awarded Limbayong Deepwater EPCIC Contract
Malaysia – EPC
4 Wintershall Transfers Stake in Project to Partner Ritek
Russia – Acquisitions and Divestitures
5 Sonatrach & Eni Sign Amendment to NG Purchase & Sale Contract
Algeria – Natural Gas

6 Wartsila to Supply Inert Gas Systems for 6 LNG Carriers
Russia – Generators
7 Sparrows Secures Inspection & Maintenance Contract for Chevron
Australia – Maintenance and Repair
8 CWP Signs MoU for Development of $40B Green Hydrogen Project
Mauritania – Renewable Energy
9 Total Is Transforming and Becoming Total Energies
France – Oil & Gas Companies
10 Ross Offshore Awarded Site Survey Management for OMV
Norway – Seismic survey