Tag: oil

Peremba Construction Sdn Bhd has won a USD 232 million contract to construct marine export terminal facilities for the Melut Basin oil development project in Sudan.

Aminex, the London- and Dublin-quoted explorer, has struck a 20-year deal with the government of North Korea to develop the country’s indigenous oil industry.

An Azeri oil group led by BP has awarded a total of USD 1.1 billion of construction and engineering deals to expand its giant oil project in the Caspian Sea.

The third and final stage in developing the Azeri-Chirag-Gunashli (ACG) oilfield in the Caspian, where Statoil holds an 8.56% stake, has been approved by the Azerbaijan government.

Exxon Mobil Corporation has announced that its affiliate, ExxonMobil Exploration Colombia Limited, together with Ecopetrol and Petrobras, have signed the first exploration and production contract with Colombia's National Hydrocarbon Agency (ANH) to begin exploration activities offshore Colombia.

Aker Kvaerner has signed a letter of intent to perform fabrication, outfitting and testing of seven barges for oil production in the giant Kashagan oilfield in the north Caspian Sea, offshore Kazakhstan.

Keppel Corp subsidiaries have jointly won a USD 20 million contract for the completion of an oil rig for BP plc in the Caspian Sea.

Great River Energy (Minnesota) has rejected 31 proposals from 17 organisations for constructing a new 150MW generating plant and decided to do the USD 70–80 million project itself.

The Dubai-headquartered Indian firm Dodsal Group has secured three contracts in Sudan, covering all engineering, procurement and construction (EPC) activities in the oil sector.

Stolt Offshore SA has announced the receipt of Letters of Intent for two contracts from Statoil ASA on its Norne Satellites Project in the North Sea.