KBR has been awarded a contract by Saudi Aramco to provide engineering and project execution services for upgrades to offshore facilities at the Marjan oil and gas field in the Arabian Gulf.The scope covers key offshore processing, gas compression and power infrastructure facilities and is intended to support production capacity following recent developments at the field.
Yinson Production has signed a contract amendment with Eni for a major gas capacity upgrade of the John Agyekum Kufuor floating production, storage and offloading (FPSO) unit offshore Ghana.
Shipping bottlenecks, deep cuts in refinery output and inventory draws that could take years to replace will keep global oil prices high beyond this year
Abu Dhabi National Oil Company (ADNOC) has signed a multi-year agreement to supply about 2 million tonnes of liquefied natural gas (LNG) to Thailand's Gulf Group starting in 2027.
The Strait of Hormuz will not reopen until seven Iranian conditions set out in a June interim agreement with the US are met, state media reported Iran's parliament speaker Mohammad Baqer Qalibaf as
The number of liquefied natural gas cargoes exiting the Strait of Hormuz rose in September to its highest monthly level since the US-Israeli war on Iran began, data from analytics firms show
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