TechnipFMC awarded US$4.2bn Bapco Sitra refinery expansion contract
05 December, 2017
London headquartered TechnipFMC, in partnership with Samsung Engineering and Tecnicas Reunidas, has been awarded a US$4.2bn contract from Bahrain Petroleum Company for the Sitra refinery expansion project.
ADNOC confirms US$109bn of CAPEX over the next 5 years
28 November, 2017
State-owned Abu Dhabi National Oil Company has announced that it will spend US$109bn on upstream and downstream activities over the next five years.
Enel lands 593MW Mexican wind order
24 November, 2017
Mexico’s third electricity auction saw Enel Green Power win the right to develop four wind farms with a combined capacity of 593MW.
Serica acquires BP interests in the North Sea
22 November, 2017
Oil major BP has agreed to sell stakes in three North Sea assets to Serica Energy in a deal worth £300m.
Egypt’s US$3.7bn oil refinery to come onstream in 2018
10 November, 2017
Egypt’s new US$3.7bn oil refinery will start up in September 2018 and save the government US$300m (£228m) a year by reducing the country’s reliance on imported fuel.
Echo Energy takes 50% stake in 4 Argentinian licences
02 November, 2017
UK-headquartered Echo Energy has acquired a 50% stake in four licences in Argentina's gas-rich Santa Cruz province in the southern part of the country.
Sparrows Group wins two Dubai Petroleum contract awards
27 October, 2017
Global provider of engineered products and services Sparrows Group has secured two crane contracts with Dubai Petroleum, one for maintenance services and the other for the delivery of rental cranes.
KrisEnergy to develop Cambodia’s first oil field project
23 October, 2017
Independent oil and gas company KrisEnergy has announced that it has made a final investment decision to proceed with the development of Cambodia’s first ever oil field project.
ExxonMobil makes fifth oil discovery offshore Guyana
06 October, 2017
US oil major ExxonMobil announced it has made a fifth oil discovery offshore Guyana after drilling the Turbot-1 well.
Shell cancels US$900m Thailand gas field sale
04 October, 2017
Royal Dutch Shell has cancelled the US$900m sale of its stake in a Thai gas field to Kuwait’s state-owned Kuwait Foreign Petroleum Exploration Company.
Registered Office: The EIC, 89 Albert Embankment, London, SE1 7TP, United Kingdom Company Registration 493459 © 2012 Energy Industries Council