Procurement & Construction News


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McDermott Expects to Keep Paying Wages and Benefits
Wednesday, January 22, 2020 All of McDermott's businesses are expected to continue to operate as normal for the duration of its recently announced restructuring, the company has confirmed.

Phillips 66 and REG Scrap Renewable Diesel Project
Wednesday, January 22, 2020 Phillips 66 and Renewable Energy Group have announced that they are discontinuing their joint effort to construct a large-scale renewable diesel plant in Ferndale, Washington.

Keystone XL Inches Forward
Wednesday, January 15, 2020 TC Energy Corp. plans to begin pre-construction work on the Keystone XL oil pipeline next month, moving the long-delayed project forward even as opponents continue to fight it in court.

SIA Bags Very Large Sangomar Contract
Monday, January 13, 2020 Subsea 7 has announced the award of a 'very large contract' by Woodside to Subsea Integration Alliance for the Sangomar Field Development Phase-1 project offshore Senegal.

$3.7B Refinery Contract Goes to Samsung and TR
Monday, January 13, 2020 Sonatrach has awarded an EPC&PM contract for a grassroots refinery to a joint venture of Samsung Engineering and Tecnicas Reunidas. PHOTO SOURCE: Samsung Engineering

Florida LNG Developer Awards Turnkey Contract
Monday, January 13, 2020 Here is a rendering of the Jacksonville LNG Export Facility. IMAGE SOURCE: Business Wire

Ocean Installer Appoints New CEO
Thursday, January 09, 2020 Ocean Installer has announced the appointment of Odd Stromsnes as the company's new CEO.

TechnipFMC Wins Greece Refinery Project
Thursday, January 09, 2020 Motor Oil Hellas has awarded TechnipFMC an engineering, procurement and construction management contract to construct a new naphtha complex.

Fluor and Kiewit to Build Unit at New Canada Facility
Thursday, January 09, 2020 The partners won an EPC contract from Canada Kuwait Petrochemical Corp.

Exxon, Outrigger Ink Midstream Deal to Serve Bakken
Wednesday, January 08, 2020 Exxon subsidiary XTO Energy has entered into a long-term gas gathering and processing agreement with Outrigger Energy under which Outrigger will build a cryogenic processing plant and gathering system in the Williston Basin.

Leaders Sign EastMed Pipe Deal
Thursday, January 02, 2020 Cyprus President Nicos Anastasiades, Greek Prime Minister Kyriakos Mitsotakis and Israeli Prime Minister Benjamin Netanyahu attended the signing ceremony for the accord to construct the Eastern Mediterranean natural gas pipeline.

Petrofac Secures $130MM PDO Awards
Tuesday, December 31, 2019 Petrofac has secured a new contract, and an additional scope of work, with Petroleum Development Oman.

Sembmarine Bags Two Deals Worth $400MM+
Thursday, December 26, 2019 Sembcorp Marine Offshore Platforms Pte. Ltd. clinches two offshore platform contracts worth over $405 million.

SBM Offshore Blazes Trail With FPSO Design
Monday, December 23, 2019 The Liza Unity is a new build and SBM Offshore's first MPF hull ever built for the Fast4Ward program. It's set to leave the SWS shipyard in January 2020. (PHOTO Source: SBM Offshore)

Louisiana LNG Unit Starts Production
Monday, December 23, 2019 Another liquefaction train at Cameron LNG has begun production.

Equinor Signs Global Deal with ABB
Tuesday, December 17, 2019 Equinor’s new Aasta Hansteen platform. Photo by Roar Lindefjeld and Bob B. Randulff. Photo copyright Equinor.

Schlumberger Unit Wins Anchor Subsea Contract
Friday, December 13, 2019 OneSubsea will provide a subsea production system rated up to 20,000 psi. IMAGE SOURCE: Schlumberger

Another Gulf Coast LNG Project Hits Milestone
Tuesday, December 10, 2019 Train 1 of Freeport LNG has begun commercial operations.

Shell and Energy Transfer Seek More Bids for Louisiana Project
Wednesday, December 04, 2019 The Lake Charles LNG project would convert Energy Transfer's existing import and regasification terminal into an LNG export facility.

Russia Opens Giant Gas Link to China
Monday, December 02, 2019 The world's biggest natural gas exporter and one of the globe's top consumers of the fuel cemented their energy cooperation on Monday.

McDermott and Chiyoda Mark LNG Project Milestone
Monday, December 02, 2019 Cameron LNG loads the first commissioning cargo from Train 1 of the export project in Hackberry, La., on May 28, 2019. PHOTO SOURCE: Sempra Energy.

China Leads Petchem Capacity Additions
Thursday, November 28, 2019 China is expected to lead the global petrochemical industry capacity growth from planned and announced projects between 2019 and 2030.

$620MM Texas Petchems Project Gets Green Light
Friday, November 22, 2019 Pictured is a rendering of the alkylate facility Clough is building in Pasadena, Texas. IMAGE SOURCE: Clough

Petrofac Breaks Into Permian Shale Market with Latest Acquisition
Wednesday, November 20, 2019 International oilfield services provider Petrofac Limited announced Wednesday that it has entered into the world's largest producing basin with the acquisition of W&W Energy Services.

Next Wave to Build Alkylate Production Facility in Texas
Wednesday, November 20, 2019 Next Wave Energy Partners, LP has made a positive final investment decision to build a new alkylate production facility in Pasadena, Texas.

ADNOC Drilling Announces Major Rig Fleet Expansion
Thursday, November 14, 2019 ADNOC Drilling announces a 'major' rig fleet expansion program 'to support ADNOC's upstream growth plans'.

ExxonMobil Awards Guyana Subsea Contract
Thursday, November 14, 2019 Saipem will begin limited activities under its latest contract from ExxonMobil's Guyana subsidiary.

Saipem Makes Global Onshore Deal with Daewoo
Monday, November 11, 2019 Saipem and Daewoo E&C will cooperate on targeted onshore projects worldwide, particularly in LNG.

DOF Subsea Wins Trinidad, GOM Contracts
Thursday, November 07, 2019 The offshore services firm DOF Subsea has won multiple contracts for projects in Trinidad and the U.S. Gulf of Mexico.

McDermott Names New CFO
Tuesday, November 05, 2019 McDermott reported Tuesday that it has named Chris Krummel as the company's new executive vice president, CFO, effective immediately.

Shell Awards Whale FPU Contract
Monday, November 04, 2019 Artist's impression of the Whale FPU. IMAGE SOURCE: Sembcorp Marine

Schlumberger Unit Wins Shell Subsea Contract
Thursday, October 31, 2019 Schlumberger reported Thursday that its OneSubsea division has won an integrated subsea compression frame agreement from A/S Norske Shell. IMAGE SOURCE: A/S Norske Shell

ConocoPhillips Awards FPSO Contract
Wednesday, October 30, 2019 Pictured is a rendering of the Barossa FPSO. IMAGE SOURCE: MODEC

McDermott to Conduct Study for $850MM Refinery
Wednesday, October 30, 2019 McDermott would be the exclusive contractor upon final investment decision.

McDermott Turns Over Platform to Pemex
Monday, October 28, 2019 The platform's substantial completion milestone means that Pemex can begin commercial operations.

McDermott Wins Africa Subsea Contract
Thursday, October 24, 2019 A rendering of the Greater Tortue Ahmeyim LNG Development. IMAGE SOURCE: BP plc

Saudi Cracker Contract Goes to McDermott
Tuesday, October 22, 2019 The Amiral plant reportedly will be one of the world's largest mixed-feed crackers.

TechnipFMC Wins Shell Perdido Contract
Tuesday, October 22, 2019 Shell has awarded TechnipFMC an iEPCI contract for its Perdido Phase 2 development in the US Gulf of Mexico.

Rangeland Midstream Canada Begins Oil Pipeline Construction
Thursday, October 17, 2019 Rangeland Energy III LLC subsidiary, Rangeland Midstream Canada, Ltd., has begun construction of its Marten Hills Pipeline System.

TechnipFMC Wins Vietnam Subsea Contract
Tuesday, October 15, 2019 PetroVietnam Gas has awarded TechnipFMC a contract to engineering and install rigid pipeline and fabricate subsea structures.

GOM Topsides Contract Goes to Audubon
Wednesday, October 09, 2019 King's Quay will be installed in the Green Canyon area.

BHGE and Ocean Installer Win Norway Subsea Contract
Friday, September 27, 2019 From left, BHGE Director Norway and Denmark Tom Huuse, Vår Energy CEO Kristin Kragseth and Ocean Installer CEO Kevin Murphy. PHOTO SOURCE: Vår Energi AS

ConocoPhillips Allots EPCI Contract for Barossa Pipeline
Thursday, September 26, 2019 ConocoPhillips Australia has awarded an engineering, procurement, construction and installation contract to Allseas Marine Contractors Australia Pty Ltd. for the Barossa Gas Export Pipeline.

Oil Down on Aramco Development
Wednesday, September 25, 2019 Oil extended declines as Saudi Arabia was said to be ahead of schedule in restoring its output capacity.

Offshore Myanmar Contract Goes to McDermott
Tuesday, September 24, 2019 McDermott has won a FEED contract for the Shwe Phase 3 gas field development offshore Myanmar.

$500MM Florida Project Clears FERC Hurdle
Tuesday, September 24, 2019 Rendering of Eagle LNG's Jacksonville LNG Export Facility. PHOTO SOURCE: Business Wire

Engineering Firm Fluor to Divest Businesses
Tuesday, September 24, 2019 Flour's divestitures, along with monetization of extra real estate and non-core investments, is expected to generate more than $1 billion in proceeds.

AMLO Says Pipeline Deal to Save $4.5B
Tuesday, August 27, 2019 Mexico President Andres Manuel Lopez Obrador said that a deal has been reached with three firms over natural gas pipeline contracts.

Saudi Aramco Awards 28-Jacket Project
Friday, August 23, 2019 A consortium of Larsen & Toubro and Subsea 7 subsidiaries has won an EPCI contract from Saudi Aramco.

Shell Subsea Contract Goes to TechnipFMC
Thursday, August 22, 2019 PowerNap will be a subsea tie-back to the Shell-operated Olympus production hub.