GE Linked Company Leads SPV Winners For Uganda’s Refinery

  Nuovo Pignone International SRL, a General Electric Company located in Italy and the EPC Contractor SAIPEM SPA, also Italian, are the most recognisable of all the partners in the Special Purpose Vehicle who won the bid to build, operate and partly own the much anticipated 60,000BOPD refinery in Uganda.. The Albertine Graben Refinery Consortium …

Ibigwe Refinery Construction Awarded to V-LEM

  A partnership between Waltersmith Petroman and the Nigerian Content Development Monitoring Board (NCDMB), has awarded a turnkey EPC contract for the construction of a 5,000BOPD capacity crude oil to a consortium named V-LEM. The contract is worth $48.5Million. The refinery, to be located on the Ibigwe field in the eastern Niger Delta, will process …

Axess scoops rig management deal for two drillships

Engineering company Axess Petrorig Ghana has signed a long-term total rig integrity management (TRIM) contract with an “international drilling operator.” Illustration; Image by: Christopher Griner; Source: Flickr – under the CC BY 2.0 license Axess said on Tuesday that the contract covered all TRIM scopes onboard two of the unnamed client’s drillships offshore Ghana. The work scope includes …

Eni contracts MODEC to provide new FPSO for project off Mexico

Eni CEO Claudio Descalzi; Source: Eni/Flickr – under the CC BY-NC 2.0 licenseJapan’s MODEC has received a Letter of Intent (LOI) for supply, charter, and operations of a floating production storage and offloading (FPSO) vessel from Eni in Mexico. The LOI was received on October 3, 2018. The firm time charter period is 15 years with five one-year extension …

Ensco and Rowan merger to create world’s biggest offshore drilling company by fleet size

Offshore drillers Ensco and Rowan have announced an all-stock merger agreement creating an offshore drilling company with 82 offshore rigs in its fleet. The two drillers have said that the merger will create a driller with the broadest geographic presence of any offshore driller in the market. Rowan CEO will serve as the chief executive …

Update: Sirius hires Shelf Drilling rig for Nigeria ops. ‘COSL Force’ deal rescinded

zoomIllustration: A jack-up rig - Image source: Pixabay Update: Adds more details provided by Sirius Petroleum. COSL rig deal rescission confirmed. Offshore driller Shelf Drilling has secured a contract for the Adriatic I jack-up rig with Sirius Petroleum. Shelf on Monday said Sirius Petroleum would use the Adriatic I rig for its drilling program offshore Nigeria. The 1981-built rig …

Delmar picks up mooring contract for Development Driller III rig

Delmar Systems, a U.S. offshore mooring and subsea services company, has been awarded a mooring contract for the Development Driller III at ExxonMobil’s locations offshore Equatorial Guinea. Development Driller III; Image by: U.S. Coast Guard photo by Petty Officer 3rd Class Patrick Kelley; Source: Wikimedia (this image is cropped) Delmar has said that it will provide engineering …

Aker Solutions wins 5-year deal to support BP in Angola

Source: Aker Solutions Norwegian oilfield services provider Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance, and operations support for BP’s Greater Plutonio and PSVM fields offshore Angola. Aker Solutions said on Thursday that the scope of work covers the supply of engineering, procurement, and construction services for brownfield projects on …

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