Oil and gas contract value momentum increases in 2Q24
Asia recorded most of the contracts, with 464 contracts in 2Q24, followed by Europe and North America with 368 and 343 contracts, respectively, says GlobalData.
Asia recorded most of the contracts, with 464 contracts in 2Q24, followed by Europe and North America with 368 and 343 contracts, respectively, says GlobalData.
The infrastructure, situated in Eddy and Lea counties in New Mexico, includes both high and low-pressure gas pipelines says GlobalData.
Kent is awarded a three year EFA by Shell.
The contract is for the Murlach development located 240 km east of Aberdeen and it encompasses the EPCI of subsea pipelines and production systems.
The deal marks the largest commercial award for pipe supply in the company鈥檚 16 year history and a first project in the Brazilian pre-salt.
Sulmara awarded funding to develop OTH USV.
The contract mandates Dar to deliver a range of services for Aramco's current and forthcoming initiatives.
It will operate more than 5000 miles of crude oil and water gathering pipelines with crude oil storage capacity exceeding 11 million barrels says Reuters.
The company鈥檚 first project involves the engineering, procurement, construction and installation (EPCI) of a 50km crude trunkline for the Abu Safa field.
The deal expands the Permian Basin pipeline and processing network, providing further access to growing supplies of natural gas and NGLs.
Contract is worth 120 million NOK annually.
ADNOC Gas are set to transfer ownership of US$2.4 billion UAE gas pipeline expansion project to ADNOC.
Hedge funds Nut Tree Capital Management and Caspian Capital said they have made an offer for Martin Midstream Partners, aiming to scuttle a bid from the largest shareholder to buy it out says Reuters.
Contract is for the manufacture and supply of HFW steel pipes.
Iranian companies will construct a new 125 km (77 mile) pipeline to Iran to expand Turkmenistan's delivery capacity.