By
Zebulun
0
comment

Subsea 7 nets contract hat-trick

Study awards on project trio could lead to lucrative EPCI deals for UK contractor with co-venturer OneSubsea Subsea 7 has netted a potentially lucrative contract haul from Woodside Petroleum for engineering studies on three projects that could be worth more than $750 million in total for the UK-based contractor. The contracts, awarded since last December, cover studies to finalise the…



By
Zebulun
0
comment

Egypt dangles incentives to draw more oil, gas investors

CAIRO (Bloomberg) -- Egypt is finalizing details of a new type of oil and gas contract to attract even more foreign investment than the $10 billion already coming into its energy industry this year. The contract will provide investors with incentives to explore for fossil fuels in undeveloped areas, Egypt’s oil minister Tarek El-Molla said in an interview. He didn’t provide…

error: Content is protected.