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Last offshore development approved in Guyana was one of the brightest lights in oil’s dark year – Westwood

OilNOW -
Updated November 28, 2021 Westwood Energy Group says 2020 will be remembered as one of the most challenging years in the history of the oil and gas sector as oil consumption fell to levels not seen since 2001. At one point,...
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TechnipFMC gets greenlight for LNG contract in Mexico worth over 1 billion dollars

OilNOW -
TechnipFMC has received notice to proceed with an Engineering, Procurement, and Construction (EPC) contract worth over 1 billion dollars, by Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) at their Energía Costa Azul (ECA) liquefied natural gas (LNG)...
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Payara deepwater contract helps deliver strongest quarter for TechnipFMC

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TechnipFMC said this week it was able to deliver its strongest operational results in the third quarter of 2020 mainly due to notable projects in Norway and South America, including a major contract awarded by ExxonMobil for its Payara Development...
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TechnipFMC set to deliver massive subsea production system for Payara development

OilNOW -
Global oil and gas company, TechnipFMC, has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited, for delivery of the subsea system for the Payara development project. Payara, ExxonMobil’s 3rd development at the Stabroek Block, was...
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TechnipFMC seeks Guyanese firms for subsea project facilities

OilNOW -
TechnipFMC has invited Guyanese companies to submit Expressions of Interest (EOIs) for the construction of facilities it needs to support its subsea projects related to ExxonMobil’s production activities offshore Guyana. The date for the submission of EOIs is September 13,...
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Petrobras-led Libra Consortium awards TechnipFMC ‘large’ contract

OilNOW -
TechnipFMC is reporting that it has been awarded a large contract for Engineering, Procurement, Construction, and Installation (EPCI) through a competitive contracting process, by Petrobras, the leader and operator of the Libra Consortium. That consortium, which was formed by Petrobras,...
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TechnipFMC in major deal with Assiut National Oil Processing Company

OilNOW -
UK-based TechnipFMC has signed a major Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt. TechnipFMC said Tuesday this EPC contract covers new...
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TechnipFMC in worldwide effort to produce visors for healthcare workers

OilNOW -
TechnipFMC says its teams worldwide are helping to protect medical workers during the COVID-19 outbreak by using 32 printers to produce visors at its facilities. The Edvard Grieg Project team prototype medical visor was approved for use in Norway, and...
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TechnipFMC slashes 2020 CAPEX by US$150 million

OilNOW -
TechnipFMC plc (NYSE: FTI) (Paris: FTI) said Wednesday it remains focused on taking all necessary steps to ensure the health and well-being of its employees, contractors and partners, and it is taking decisive actions in response to the current...
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TechnipFMC halts split over COVID-19, worsening market conditions

OilNOW -
TechnipFMC reported Sunday that it has put its planned separation into two companies on hold. According to a report from Rigzone, TechnipFMC noted the COVID-19 pandemic, plummeting commodity prices and greater equity market volatility have created market conditions that...
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SEOGS 2025 moves to accommodate growing participation

Now in its fifth year, the Suriname Energy, Oil & Gas Summit (SEOGS) has grown into one of the...

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