Industry
Trinidad awarded contract for two rigs in Kuwait
Alberta-based Trinidad Drilling Ltd has received a five-year contract to build two Trinidad Drilling International (TDI) joint venture rigs in Kuwait, which will begin operating by Q2 2019
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Atkins wins new framework agreement for riser analysis
Atkins, a member of the SNC-Lavalin Group, has received a five-year framework contract by BP global wells organisation for global riser analysis services
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KBR wins LNG contract in Oman
Oman Liquefied Natural Gas LLC (Oman LNG) has awarded a project management consultancy (PMC) services contract to KBR, Inc for a new 120MW gas engine power plant
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OPEC meeting in Vienna agrees to raise oil output
During the 174th Meeting of the OPEC Conference in Vienna, OPEC and non-OPEC global oil giants have agreed to raise crude production, a move that aims to control the recent rise in global oil prices
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US$3.3 trillion to be spent across planned oil and gas projects worldwide
A total capital expenditure (capex) of US$3.3 trillion is expected to be spent globally across oil and gas value chain on planned and announced projects between 2018 and 2025, according to GlobalData, a leading data and analytics company
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