Business news - 04 March 2016

The Trans Adriatic Pipeline AG has awarded the contracts for the engineering, procurement and construction of approximately 760km of cross-country onshore pipeline in Greece and Albania.

SacOil and CPP have entered into an agreement, which will allow for a fast and effective construction of the natural gas pipeline from Mozambique to South Africa.

The European Commission agrees that the TAP pipeline is in line with EU state aid rules.

SECURE Energy Services Inc. announces an increase to its bought deal financing to CAN$130.1 million.

Harris CapRock Communications has launched SafePass™ Pro, an advanced cyber security solution for proactive defense against cyberattacks targeting oil and gas IT infrastructures.

McDermott International has been awarded a contract for the EPC, transportation and installation of offshore pipelines.