Petrofac JV Wins $2 Bln Refinery Contract in Oman
Petrofac Ltd said Oman's Duqm Refinery and Petrochemical Industries awarded a $2 billion contract to the British oilfield services company's 50:50 joint venture with Samsung Engineering, sending its shares up as much as 9.5 percent. The 47-month project includes engineering…
Wood Group, Grupo Diavaz form JV in Mexico
Wood Group Mustang and Grupo Diavaz, a Mexican oil & gas operator and services company, have created a joint venture engineering business to capitalize on Mexico's energy reform. MUSTANG DIAVAZ is based in Mexico City and will provide engineering, procurement…
Crowley Acquires Jones Act Tankers
Crowley Maritime Corp. took delivery of Ohio, the first of four new, Jones Act, product tankers this week from Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA. The delivery is momentous not only for Crowley…
NMWG Supplies Construction Services for Atlantic LNG
Neal & Massy Wood Group (NMWG) has been awarded a master services agreement (MSA) to deliver construction services to Atlantic LNG Company of Trinidad and Tobago, the largest liquefied natural gas (LNG) producer in the Western Hemisphere. A joint venture between…
