Petrofac awarded two projects for Petro Rabigh II
Petrofac, the international oil & gas service provider, has been awarded two engineering, procurement and construction (EPC) contracts for Petro Rabigh's Phase II petrochemical expansion project.
Wärtsilä to supply ship designs
Wärtsilä has been contracted to supply the ship designs for three new platform supply vessels (PSVs).
Fluke Engenharia wins suction pile contract
Fluke Engenharia, an Acteon company, has won a new contract from Subsea 7 to fabricate 27 suction piles for use in the Guará–Lula field, which is part of the pre-salt cluster in the Santos basin, offshore Brazil.
Fluke Engenharia will manufacture the products at its Macaé facilities and will deliver them over the course of 2012. THE BARRETT GROUP LAUNCHES STAINLESS COMPANY
The Barrett Steel Group, UK, has launched a dedicated stainless steel company operating under the name Barrett Stainless. Uganda wants to keep 40% stake in refinery
The Ugandan government wants to retain a 40% stake in the proposed oil refinery project in the country's Lake Albertine rift basin, where companies are currently developing oil fields containing as much as 2.5 billion barrels of oil, Uganda's junior energy and minerals minister told Dow Jones Newswires Friday.
The oil refinery, which is expected to cost up to USD 5B, will be developed under a public-private partnership and is billed as the country's largest ever infrastructure project, Peter Lokeris said in an interview.
"We are negotiating with prospective investors, and by around August we will select the most serious companies and ask them to submit bids," Mr.