GlobalData: Oil and gas contracts market sees 37% decline
Oil and gas contracts market sees 37% decline in value during 1Q24, reveals GlobalData.
Oil and gas contracts market sees 37% decline in value during 1Q24, reveals GlobalData.
Pinnacle's assets include the Dos Picos natgas complex with a processing capacity of 220 million cubic feet per day, and 80 miles of pipelines says Reuters.
Saipem awarded a new offshore contract by Azule Energy for Ndungu Field Project in Angola, for a total amount of around US$ 850 million.
Aramco and Aeroseal agreed to deploy Aeroseal’s technology to expand its fleet and commercialise the technology in novel applications such as gas pipelines, says Reuters.
The Hejre project, an offshore HPHT development, is located in the Danish sector of the North Sea.
ONEOK has announced that it has agreed to acquire a system of NGL pipelines from Easton Energy, for approximately US$280 million.
The scope of work encompasses operations for the installation of flexible pipes, and electric-hydraulic umbilical and power cables, says GlobalData.
The new decarbonisation contract by TotalEnergies aims to support flare gas recovery in the North Sea.
Vallourec wins another major order from ExxonMobil Guyana.
The company will supply 17 pipeline centrifugal compressors powered by aeroderivative gas turbines, says GlobalData.
Strohm wins third and largest ever TCP ‘Jumpers On Demand’ contract from ExxonMobil Guyana.
DeepOcean will be responsible for work on subsea pipelines, structures and high-voltage cables for offshore renewables and oil and gas fields.
Henkel has successfully completed the acquisition of the US-based Seal for Life Industries LLC from Arsenal Capital Partners.
The deal, which was announced in December 2023, expands Pembina's midstream asset portfolio across Canada and the US.
Abu Dhabi’s Lunate has acquired a 40% stake in ADNOC’s oil pipeline infrastructure assets from BlackRock and KKR, says Reuters.