Kalpataru Projects International Ltd. on Monday, September 28, said it has won a “major’ engineering, procurement and construction (EPC) order in its oil and gas business. The stock, opened higher, but has given up those gains to trade with losses. The company informed the exchanges that it has received a letter of award (LoA) for […]
Global energy technology company Schlumberger NV (SLB) said its joint venture with Aker Solutions ASA and Subsea7 SA, OneSubsea, secured an engineering, procurement, and construction contract from Equinor ASA. SLB said it will deliver all-electric subsea production systems for 12 wells in the Fram Sor project offshore Norway.
The project involves converting two LNG carriers into floating storage units and building two new FLNG barges at Drydocks World’s Dubai yard. Once operational in late 2028, the facility will have a liquefaction capacity of more than 4.2 million tonnes per year (tpy), making it the largest FLNG development globally.
Argent LNG has initiated a comprehensive EPC partner review in preparation for entering the Federal Energy Regulatory Commission (FERC) pre-filing and permitting process for its 25 MMtpa LNG export project in Port Fourchon, Louisiana.
SLB OneSubsea has been awarded an EPC contract by Equinor for a subsea CO2 injection system for phase two of the Northern Lights project offshore Norway, SLB said on Wednesday.
NextDecade has revised the pricing on an existing EPC contract with Bechtel Energy for Train 4 at the Rio Grande LNG facility in Texas and signed a new EPC contract with the company for Train 5, NextDecade announced on Thursday.