Weir Oil & Gas Dubai has signed a multi-year contract in Iraq with a major international oil company
Industry
‘Oil production cut and COVID-19 crisis to shrivel Abu Dhabi’s economic activities’
The coronavirus outbreak and the oil supply glut are set to lower Abu Dhabi’s oil revenues in the short term, according to Moody’s report on credit developments from coronavirus
Penspen wins engineering contract with Target Engineering
Penspen, a provider of engineering and project management services to the energy industry, has been awarded a contract by Target Engineering Construction Co LLC for slug catcher replacement support on a project on Zirku Island in UAE
Petrofac secures UK deals worth US$100mn
Petrofac’s Engineering & Production Services business (EPS) has been awarded two three-year renewals in the UK, worth a combined total of more than US$100mn
McDermott wins multiple EPFC contracts for storage tanks in Saudi Arabia
US-based McDermott International said that its CB&I Storage Solutions has been awarded one large and two sizeable contracts for the engineering, procurement, fabrication and construction (EPFC) of 38 tanks and 13 spheres in multiple locations across Saudi Arabia
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