award | Egypt Oil & Gas - Part 2

QatarEnergy Fully Acquires Siraj Energy

QatarEnergy declared the signing of a share sale and purchase agreement with Qatar Electricity and Water Company (QEWC) to acquire QEWC’s 49% interest in Siraj Energy, which will result in Siraj Energy becoming a whol...

ADNOC Drilling Wins $1.53B Agreement to Support Expansion of ADNOC’s Offshore Operations

ADNOC Drilling has been given a contract worth $1.53 billion (AED 5.62 billion), according to a statement from the Abu Dhabi National Oil Company (ADNOC). The award supports ADNOC’s goal to responsibly enhance p...

ADNOC Awards NPCC $548 Million EPC Contract to Increase Lower Zakum’s Gas Production

The Lower Zakum field, located off the coast of Abu Dhabi, will receive a new main gas line as part of a $548 million contract, according to the Abu Dhabi National Oil Company (ADNOC). By boosting gas output from the ...

Petrofac Wins Second O&M Contract Worth $60M with India’s Cairn Oil & Gas, Vedanta Limited

Petrofac announced that it has won a second operations and maintenance (O&M) contract worth $60 million with Cairn Oil & Gas, Vedanta Limited, being India’s biggest private oil and gas exploration compan...

Australia Awards Petrofac Major Decommissioning Contract

Petrofac announced that it has been awarded a major decommissioning contract by the Australian government. According to the contract, Petrofac will complete Phase 1 of the decommissioning of the Northern Endeavour FPS...

Petrofac Awarded Two-Year Contract Extension with Spirit Energy

Petrofac announced that it has secured an Operational and Late Life Asset Support contract extension with Spirit Energy for another two years.  The extension builds on Petrofac’s solid relationship with the oper...

Chariot Awarded 75% of Rissana Offshore License in Morocco

Chariot Limited announced that it has been awarded a 75% stake and the operatorship of the Rissana license in Morocco. In a press release, the company clarified that the Office National des Hydrocarbures et des Mines ...

Kuwait Energy Receives Operational Excellence in Brownfield Award

For the second year in a row, Kuwait Energy Egypt won the Operational Excellence in Brownfield Award for “Rejuvenation of the Area A fields, Egypt: Challenges, Plans and Results”, according to a press release. The awa...

Energean Awards TechnipFMC EPC Contract

TecnhipFMC announced that it has received a letter of award (LOA) for integrated engineering, procurement, construction and installation (EPCI) by Energean for developing Karish North field, a press release stated. Ac...

Egypt to Pay Union Fenosa $2B in Gas Dispute

Egypt will pay $2 billion to Union Fenosa Gas Company as a settlement for halting gas supplies to the company’s Damietta LNG plant in 2012, The Financial Times reported. Union Fenosa, a joint venture (JV) between Ital...

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