Saipem secures two offshore contracts worth US$500 million from Aramco
The company’s first project involves the engineering, procurement, construction and installation (EPCI) of a 50km crude trunkline for the Abu Safa field.
The company’s first project involves the engineering, procurement, construction and installation (EPCI) of a 50km crude trunkline for the Abu Safa field.
The deal expands the Permian Basin pipeline and processing network, providing further access to growing supplies of natural gas and NGLs.
Contract is worth 120 million NOK annually.
ADNOC Gas are set to transfer ownership of US$2.4 billion UAE gas pipeline expansion project to ADNOC.
Hedge funds Nut Tree Capital Management and Caspian Capital said they have made an offer for Martin Midstream Partners, aiming to scuttle a bid from the largest shareholder to buy it out says Reuters.
Contract is for the manufacture and supply of HFW steel pipes.
Iranian companies will construct a new 125 km (77 mile) pipeline to Iran to expand Turkmenistan's delivery capacity.
Norwegian oil and gas company Vår Energi has announced a 12 year extension to its natural gas sales agreement with Italy's Eni.
Intero Integrity Services announces that Rivean Capital has entered into a definitive agreement to acquire the company from First Reserve.
GIP holds the largest foreign share in Adnoc's gas pipeline unit, while Snam owns approximately a 6% stake.
This extension will take effect in January 2025 and will last up to January 2027.
The investment is aimed at boosting Strohm's growth trajectory, which is focused on hydrogen and CCUS applications.
This latest acquisition accelerates commercial synergies for ONEOK.
Some of Colonial Pipeline's owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation system in excess of US$10 billion, says Reuters.
The development will consist of a network of onshore CO2 pipelines, to be developed by GRTGaz, which will connect France’s Dunkirk industrial area to Equinor’s CO2 Highway Europe project.