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EGYPT GENERAL PETOLEUM Corp (EGPC) is trying to secure a US$2bn debt-financing deal, extending over 58 months and to be used for export finance, from the private sector.

p>EGYPT GENERAL PETOLEUM Corp (EGPC) is trying to secure a US$2bn debt-financing deal, extending over 58 months and to be used for export finance, from the private sector.

DOF SUBSEA UK has been awarded a contract worth around US$7.4mn by Technip for the provision of a light construction vessel.

p>DOF SUBSEA UK has been awarded a contract worth around US$7.4mn by Technip for the provision of a light construction vessel.

EMERSON PROCESS MANAGEMENT has entered into a five-year Global Framework Agreement (GFA) with Shell to serve as a Main Automation Contractor (MAC) on future capital projects globally. 

p>EMERSON PROCESS MANAGEMENT has entered into a five-year Global Framework Agreement (GFA) with Shell to serve as a Main Automation Contractor (MAC) on future capital projects globally. 

AT THE SPECIAL meeting of OPEC energy ministers on 22 December it was decided to make no change in crude oil production quotas, given the precarious state of economic recovery around the world.


LAST YEAR’S RECOVERY in the global energy industries’ capital spend stalled in the October-December period says the UK-based trade association representing suppliers of both goods and services to this combined sector overall.

LAST YEAR’S RECOVERY in the global energy industries’ capital spend stalled in the October-December period says the UK-based trade association representing suppliers of both goods and services to this combined sector overall.

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