Engineering, drilling, and construction company, Saipem, has been awarded a $325 million contract by Brazil’s state-run oil company, Petrobras, for the installation of a rigid riser-based subsea system offshore Rio de Janeiro.

KBR and LTHE have signed a memorandum of understanding (MoU) to collaborate on future petrochemical projects in India, South East Asia, the Middle East and Africa.

SPIE Oil & Gas Services, multi-technical services subsidiary of the SPIE Group, has won a five-year contract from the Kuwait National Petroleum Company (KNPC) for its Clean Fuels Project (CFP).