Earlier in 2025, Saipem and partner Offshore Oil Engineering (COOEC) secured an offshore EPCI contract from QatarEnergy LNG for the COMP5 package of the North Field Production Sustainability offshore ...

The contract comprises completion of two compression complexes, each including a compression platform, a living-quarters ...

State-owned QatarEnergy aims project to tap new sites in country's giant North Field offshore gas area, with Saipem contract over five years valued at $3.1B ...

Baker Hughes Company BKR, a leading global oilfield services provider, announced that it has secured an order associated with the expansion of Saudi Aramco’s Jafurah gas field. Baker Hughes has ...

Exxon Mobil Corp. has finished installing compression facilities in Australia’s Kipper field to maintain natural gas production. The offshore field “experiences decreasing reservoir pressure as it ...

Saipem ( SAPMF) ( SAPMY) and Offshore Oil Engineering have secured a major offshore engineering contract from QatarEnergy LNG ...

A slow but steady shift is under way in the regional energy landscape. After decades of dependence on Russian and Iranian gas ...

Equinor expects the gas compression and plant electrification project to cost around $526 million more than the original ...

The circular debt has deteriorated the financial position of oil and gas exploration companies, leaving them unable to invest in exploration activities. Additionally, the companies have been facing ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. As part of its strategic gas business expansion, Aramco has awarded $25 ...

Origin Energy let a FEED contract for a new natural gas compression station in Angry Jungle gas field, Queensland, Australia. Origin Energy Ltd. has let a front-end engineering and design (FEED) ...

Chevron Corporation CVX, the U.S. oil and gas giant, and its consortium partners, Shell plc. and NewMed Energy, have received approval for the updated development and production plan (DPP) for the ...