Saipem in Oman refinery deal
Oman “We welcome with particular satisfaction the awarding of this new contract which signals the relaunch of our activities in Oman, a country in which Saipem has operated successfully in the past,” Saipem CEO Stefano Cao said in a statement.
The refinery, a 50/50 JV between Kuwait Petroleum International and Oman Oil Company, is expected to come on stream in 2020 with a capacity of 230,000 bpd.
Recent Posts
Saipem wins work for $3.7 billion in Angola’s Kaminho project
Saipem has been awarded three new contracts by TotalEnergies EP Angola Block 20 relating to the development of the Cameia… Read More
TotalEnergies launches Kaminho project in Angola
TotalEnergies announced on Tuesday it has made a FID on the Kaminho deepwater project in Angola Read More
BW Energy makes substantial oil discovery offshore Gabon
BW Energy has made a substantial oil discovery in the DHIBM-7P pilot well of the Hibiscus field offshore Gabon, the company… Read More
Aramco signs three MoUs to develop low-carbon tech
Saudi Aramco has signed three MoUs with US companies to advance the development of potential lower-carbon energy solutions, the company… Read More
Iberdrola to triple offshore wind assets to $18 billion
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More