EnQuest (LON: ENQ) has hit a “significant milestone” in its campaign to decommission a decades old North Sea field.
Adnoc has awarded a pre-construction award for offshore facilities on the Hail and Ghasha project to a group including National Petroleum Construction Co. (NPCC).
Harland & Wolff has terminated its contract with Saipem for the supply of four wind turbine jackets for a major Scottish offshore wind project, claiming cost escalation and delays have made the work “sub-economic.”
Saipem (SPM.MI) has been awarded new contracts totalling around $1.2bn for work on major projects off Guyana and Egypt.
Saipem (MI: SPM) has strengthened its offshore drilling fleet with the addition of a new vessel.
Saipem has won three new drilling contracts in the Middle East, and two in West Africa, with a total value of $800 million.
The owner of two Scottish fabrication yards has entered into a debt refinancing agreement as it seeks to grow the business.
Aker BP has been granted a drilling permit by the Norwegian Petroleum Directorate (NPD) for a wildcat well in the North Sea.
KCA Deutag has completed the acquisition of Saipem’s onshore drilling business in Saudi Arabia, the United Arab Emirates and Africa.
Daewoo E&C has signed up to work on a “quick fix project” at the Kaduna refinery, during a high-level Nigerian visit to South Korea.
Saipem has won a $4.5 billion contract from Qatargas for two offshore gas compression complexes.
Eni and Petroci have awarded two contracts for work in Cote d’Ivoire to Saipem, worth around 1 billion euros ($956 million).
Global energy services contractor KCA Deutag has announced contract extensions worth nearly £100 million for its land drilling business.
Saipem (MIL: SPM) has joined forces with Siemens Energy to develop a “cutting-edge technology solution” for the offshore wind sector.
Work on Mozambique LNG may resume in the first half of 2023, a project partner has said, but the northern insurgency continues.
Saipem (MIL: SPM) has announced the appointment of a new chief executive after incumbet Francesco Caio resigned with immediate effect.
Saipem has won contracts under Angola’s New Gas Consortium (NGC), to develop new sources of feedstock for the Angola LNG (ALNG) plant.
Eiffage Génie Civil Marine have completed the central platform of the hub for the Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.
Saipem (MI:SPM) shares have plunged around 70% from July 11 after the company acknowledged demand for additional shares was less than expected.
Saipem will challenge an Algerian conviction connected to a liquefaction project, with the Italian company denying the allegations against it.
The PTT-operated Nong Fab liquefied natural gas (LNG) regasification terminal in Thailand has started offloading its first LNG from a carrier, contractor Saipem reported on June 24.
Saipem and compatriot Trevi are planning to develop drilling systems for offshore wind farms.
Aberdeen-headquartered KCA Deutag has announced a $550m deal to acquire the onshore drilling business of Italian contractor Saipem.