Oilfield services company Petrofac Ltd said it was awarded an engineering contract worth about US$200mn as part of upgrades to the Visakh Refinery in the southern part of India
Petrofac signs second contract within a month in India
Exploration & Production
ADNOC signs offshore concessions with China’s CNPC
The China National Petroleum Corporation (CNPC), the world’s third-largest oil company, has been awarded stakes in two of Abu Dhabi’s offshore concession areas following the signing of agreements with Abu Dhabi National Oil Company (ADNOC)
John Wood Group shares fall on FY core earnings dip
John Wood Group Plc reported a fall in full-year core earnings due to challenging conditions in its core oil and gas markets and said it expects only a modest growth in core earnings for the full year
Lamprell, GustoMSC to develop jackup rig design
Rig-maker Lamprell Plc said it would develop a jackup rig design with Dutch engineering company GustoMSC
France's Total takes stake in Abu Dhabi offshore gas concessions for US$1.45bn
The Abu Dhabi National Oil Company (ADNOC) has awarded Frances Total a stake in two offshore concessions to boost gas production, aimed at meeting domestic energy demands and cutting gas imports
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