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
Industry
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
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
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
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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