Siemens Energy and Linde Engineering have entered into a strategic partnership to leverage their complementary portfolios and competencies to investigate, develop and optimise technology and equipment packages to enhance the sustainability and performance of petrochemical facilities (brownfields and greenfields)
Industry
TechnipFMC starts work on Egypt's new Hydrocracking Complex
TechnipFMC has announced the completion of the remaining conditions required to enable work to commence on the engineering, procurement and construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) to construct a new Hydrocracking Complex for the Assiut refinery in Egypt
Sercel awarded seismic equipment contract in Saudi Arabia
CGG has announced that Sercel has won a major contract to supply land seismic equipment for a 3D mega-crew survey recently awarded to ARGAS in Saudi Arabia
Global oil and gas contract activity shows marginal increase in Q3 2020
A Global Data study showed an almost 3% increase in the number of oil and gas contracts between Q2 and Q3, 2020
Global E&P players may invest US$380bn in 2021, says Rystad Energy report
Investments from global exploration and production companies (E&P) in 2021 are projected to reach around US$380bn, almost flat y-o-y, according to Rystad Energy report
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