BP first oil from Kinnoull field
BP, on behalf of the Kinnoull field co-venturers, is pleased to announce the start of production from the Kinnoull field in the central North Sea. Kinnoull is BP’s seventh and final major upstream project start-up in 2014. The Kinnoull reservoir, developed as part of a wider rejuvenation of the Andrew field area, is tied back...
$1.5bn Mirfa Power & Water Project
GDF Suez is to break ground on its $1.5bn Mirfa gas-fired power and water project in February 2015. The project, located 120km west of Abu Dhabi, will generate 1,600MW of electricity, with a seawater desalination capacity of 52.5mn gallons per day. The new plant will replace an existing 200MW plant that caters to local demand...
Bahrain Airport Construction Contracts
Good start to the year: Bahrain to award airport construction contracts in Q1 Bahrain Airport Company said it is set to award contracts for the enabling works related to the country’s airport modernization program (AMP) in the first quarter of 2015. AMP is an ambitious venture to enhance facilities, infrastructure and services at the Bahrain...
Masdar Solar Construction Projects
Masdar starts construction on four new solar projects Abu Dhabi-based renewable energy company Masdar has kicked off the construction for four new solar-power projects in the Pacific island countries of Kiribati, Fiji, Tuvalu and Vanuatu. Financed under the Abu Dhabi Fund for Development’s $50 million UAE-Pacific Partnership Fund, the solar projects will collectively deliver 1.8...
Leighton sells John Holland to CCCC
Leighton Holdings has sold its John Holland infrastructure business to China Communication Construction Company (CCCC), one of the world’s biggest contractors, for $933mn. The sale follows a strategic review of operations by the Australian contractor, which is a 45% shareholder in Dubai-based Habtoor Leighton Group. Leighton Holdings also announced that it has agreed a deal...
Golar announce LNG Facility Cameroon
Golar LNG announced plans today to develop a floating liquefied natural gas export project off the coast of Cameroon utilizing the Golar Hilli, an LNG carrier that is currently being converted into an LNG liquefaction vessel at Keppel Shipyard in Singapore. The facility, which will be converted from a Moss-type LNG carrier at a cost of USD $735...
Wentworth hits gas, Mozambique
Wentworth, the independent, East Africa-focused oil & gas company, said that drilling operations of the Tembo-1 well have now completed and a natural gas discovery has been made in Cretaceous aged sands. The well was drilled to a total depth of 4,553 meters (4,401 meters True Vertical Depth Sub Sea) and reached TD in Jurassic...
BAE wins $1.2bn US Army deal
BAE Systems has won a contract worth up to $1.2 billion to build a new type of armoured vehicle for the US Army, the company and Army officials said this week. The British-based defence contractor said in a statement the programme aims to engineer and produce a limited initial number of the vehicles, called the...
BP ‘eyes $800m Rosneft deal’
UK supermajor close to taking stake in East Siberia oil field from state-owned giant, report says BP is close to spending up to $800 million to acquire a stake in a Russian oil field that would further cement its already significant relationship with state giant Rosneft, according to a report. The UK supermajor is looking...
TANAP select contractors for pipeline
TANAP consortium decides on contractors for pipeline’s construction The consortium of the Trans Anatolian Natural Gas Pipeline (TANAP) has made its decision regarding the contractors for the pipeline’s construction, Turkish news agency DHA reported Dec. 23. Reportedly, the tender’s winners are the Fernas Insaat, the Sicim-Yuksel-Akkord consortium, and Tekfen Holding. They have been invited to...
Consortium wins $250m water project
A consortium comprising Hyflux and National Power and Water Co has received a letter of award for an international tender to design, build, own and operate an independent water project in Oman. The contract for the Qurayyat IWP project has been awarded by the government-owned Oman Power and Water Procurement Company SAOC (OPWP) and the...
Oman awards $255m power contracts
Oman Electricity Transmission Company has awarded six contracts worth RO87 million ($225 million) for several infrastructure projects related to the new grid station in the sultanate. These include expansion of a number of existing plants, reinforcement of overhead transmission lines (OHL) and consultancy services for construction of new grid stations in many areas, said a...