Adnoc has signed deals with a number of service providers, including AMEC, Mott MacDonald and Penspen, worth $204.4 million.
ADNOC has signed $1billion worth of engineering deals with eight companies including Wood, Flour and Worley, as part of its production boost drive.
South Asia, which includes India, Pakistan, Sri Lanka, and Bangladesh, is slowly following the rest of the world in the transition towards cleaner energy systems. The subtle shift opens potentially large market opportunities for energy service suppliers.
Energy services firm Kentech has struck a deal to buy Canadian engineering company SNC-Lavalin’s oil and gas division.
A trio of consultancies said yesterday they had clinched contracts to provide engineering services on oil and gas giant Total’s UK continental shelf (UKCS) assets.
Africa Finance Corp. (AFC) has agreed to act as a co-developer of a small refining project in Guinea, via a joint development agreement with Brahms Oil Refineries.
Engineering consultancy Atkins has clinched a five-year framework contract to provide riser analysis services for BP.
WS Atkins shares surged more than 26% after it received a tentative takeover offer from Canadian engineering giant SNC-Lavalin which values the firm at £2billion.
SNC-Lavalin has been appointed to an Energy Technologies Institute (ETI) project to develop a generic business case to take carbon capture and storage (CCS) forward in the UK.