The deal was revealed on Monday in a statement to the Abu Dhabi Securities Exchange by parent entity the National Marine Dredging Company, as reported by local news source The National.
The deal comprises two packages related to the Zuluf expansion project, according to Upstream Online.
Two other packages went to a Larsen & Toubro- Subsea 7 partnership and one other to McDermott International.
The project to expand the shallow-water Zuluf field will grow production capacity from 800,000 bopd to 1.4 million bopd.
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
This website uses cookies.