Saipem and partners awarded contracts for Nigeria LNG Train 7 project

Saipem, in joint venture with Daewoo E&C and Chiyoda Corporation, has been awarded by Nigeria LNG Limited the contracts for the...

Equinor, Shell and Total agree to invest in Northern Lights project

Equinor, Shell and Total have decided to invest in the Northern Lights project in Norway's first exploitation licence for CO₂...

Petrofac wins new digital contracts for BP

Petrofac is set to build on its provision of digitally enhanced services for BP, following the award of a three-year extension to...

Total exploring ways to improve CO2 capture

Total is stepping up its research into Carbon Capture, Utilization and Storage (CCUS) technologies by signing a multi-year...

BP launches feasibility study into hydrogen energy production facility in Australia

BP Australia announced that it will invest in a feasibility study into an export-scale renewable hydrogen production facility in...

Equinor sees first quarter 2020 earnings drop

Norway‘s energy firm Equinor reported a fall in earnings due to low oil prices that saw adjusted earning come in at $2.05 billion,...

MOL Group reported US$152 mln net loss in Q1 2020

Hungary’s MOL Group announced a US$152 million net loss for Q1 2020, which it blamed on the COVID-19 pandemic-related crisis.

McDermott to build LPG spheres in the Caribbean

McDermott announced CB&I Storage Solutions has been awarded a contract for four liquefied petroleum gas (LPG) spheres for an...

Subsea 7 wins contract offshore UK

Subsea 7 announced the award of a contract by Independent Oil and Gas for the Blythe and Vulcan Satellites field development,...

Petrofac secures US$100 mln worth of project renewal in the UK

Petrofac’s Engineering & Production Services business (EPS) has been awarded two three-year renewals in the UK, worth a combined...