Projects

Keep track with new project development across the globe in various sectors. We also cover existing projects (upgrades, extensions etc.).

Mexico to auction 14 contracts for oil exploration

Mexico will auction 14 contracts for licenses to explore and extract hydrocarbons from onshore areas as part of the third phase of its Round Two oil tender, the national oil regulator CNH recently announced.

Petrobras and Total S.A. to join forces globally

Petrobras and Total S.A. have signed a memorandum of understanding (MOU) in the Exploration & Production (E&P) and Gas & Power (G&P) segments in Brazil and other critical locations around the globe.

QP’s Ocean LNG signs supply deal in Brazil

Qatar Petroleum’s (QP) new LNG-marketing arm, Ocean LNG, has signed a long-term sale and purchase agreement (SPA) to sell 1.

Intergraph Smart 3D chosen for offshore projects

US engineering, procurement and construction company, KBR, has selected Intergraph Process, Power & Marine’s Smart 3D solution to enhance implementation and execution of key offshore projects.

Wood Group to supply EPC services to Hibernia

Wood Group has secured a five year contract to provide engineering, procurement, construction (EPC) and maintenance services to the Hibernia platform, offshore Newfoundland, from Hibernia Management and Development Company Ltd.

AVK to supply valves & hydrants to KAEC

AVK Group, a leading supplier of valves and fire hydrants, with numerous locations throughout the US, has signed a long-term master supplier agreement with Saudi Arabia's King Abdullah Economic City (KAEC) through its AVK Saudi Valves Manufacturing Company.

ExxonMobil finds more oil offshore Guyana

American oil giant, ExxonMobil, has discovered more oil offshore Guyana as it continues its exploration. According to ExxonMobil's partner, Hess Corporation, the Liza 3 well was drilled to a depth of 18,100 feet in 6000 feet of water on a location about 2.

Metso receives valve order for power plant

Metso, a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries, with many locations throughout the Americas, has signed an agreement on a comprehensive valve delivery for Kilpilahti Power Plant in Porvoo, Finland.

Värde & Titanium Exploration acquire assets in US

Global alternative investment firm Värde Partners and Titanium Exploration Partners have acquired oil and gas assets within the Stack play in Oklahoma, and the Eagle Ford Shale play in Texas, US.

Alpha Process Controls secures LNG project

Alpha Process Controls (APC) is improving operational continuity of the GNL Quintero regasification terminal in Chile, after securing a contract to supply the facility with its LNG Hose Transfer System with innovative Emergency Release Collar (ERC) breakaway couplings.