A consortium of a subsidiary of McDermott International, and Sinopec International Petroleum Service Corporation has received a conditional Letter of Award for the Tilenga project valued at approximately US$2bn
Industry
Sensia – How it brings connected enterprise to life for oil and gas
Mike Corrieri, sales manager – EMEA – heavy industries, Rockwell Automation, has highlighted how connected operations can deliver massive efficiency gains for oil and gas businesses that operate in a volatile environment with profit margins under continual pressure
Equinor: Energy perspective builds greater understanding in realising energy transition
Energy perspectives addressed relevant topics and challenges that can inform discussions and build a greater understanding of what is needed to realise an energy transition and the decisions the world faces, according to Eirik Wærness, chief economist in Equinor
Africa Energy announces Block 11B/12B operations update
Africa Energy, an oil and gas company with exploration assets offshore South Africa and Namibia, has announced that the joint venture partners on Block 11B/12B offshore South Africa are assessing the feasibility of an early production system for a possible phased development of the Paddavissie Fairway
BP CEO predicts strong and lasting recovery in oil demand
BP has predicted a strong recovery in global crude demand which is also expected to last for some time, according to BP CEO Bernard Looney
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