Projects

Statoil and Petrobras took a step forward in strengthening their cooperation in Brazil by signing a Memorandum of Understanding (MoU).

GE Oil & Gas has been awarded a multi-million dollar frame agreement by Oil and Natural Gas Corporation Limited (ONGC), India’s largest exploration and production company.

Emerson has been selected by Total Exploration and Production Services to provide control and safety system maintenance services that will support Total’s upstream oil and gas operations around the world.

Valtorc USA has announced a recent multi-million dollar procurement of Valtorc USA made Carbon Steel V-Ball Control Valves, high pressure class 600# flanged ends to ExxonMobil International Refinery and major oil and gas drilling platform.

OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction contract totaling approximately $300 million from Woodside Energy Ltd.

Woodside has awarded Technip a wide-ranging subsea contract for a project offshore, in water depths ranging from 340-850 m (1,115-2,789 ft).

Honeywell Process Solutions (HPS) will provide full automation and safety systems and serve as integrated main automation contractor (I-MAC) for a new LNG facility being built in Eastern Canada to process North American natural gas for international export.

BP will forge ahead with at least three more new projects this year, its CEO said, despite the British oil major reporting a 45 percent drop in second-quarter earnings that prompted a cut in its 2016 investment budget to below $17 billion.

A new report entitled “North American Midstream Infrastructure through 2035: Leaning into the Headwinds” and conducted by ICF International on behalf of the INGAA Foundation has found that the United States and Canada will require annual average midstream natural gas, crude oil and natural gas liquids midstream infrastructure investment of about $26 billion per year, or $546 billion (real 2015$) total over the 21-year period from 2015 to 2035, a new study finds.

Cheniere Energy Partners, L.P. and Bechtel have achieved Substantial Completion of Train 1 of the Sabine Pass liquefaction project in Cameron Parish, Louisiana (the "SPL Project").