ENGIE signs energy agreements with Egypt
On the occasion of the State Visit of President François Hollande of France and the French Republic to Egypt, Isabelle Kocher, Deputy CEO and Chief Operating Officer of ENGIE, has signed today two energy agreements. Firstly, a cooperation agreement for further development of renewable energy with the National Renewable Energy Association (NREA) and the Egyptian Electricity Transport Company...
Aibel awarded Glen Lyon FPSO contract
Aibel has been awarded a contract for yardstay and assistance with the final preparations of the Glen Lyon FPSO. The vessel arrives in Haugesund today. With a length of 270 metres and a width of 52 metres, Glen Lyon will become the largest FPSO (Floating Production Storage Offloading) ever to dock at Aibel Haugesund. The...
Wasa wins Rauma contract
Two major construction projects, totaling EUR 62 million, will start this month at the Port of Rauma, Finland. The port, in cooperation with the Finnish Transport Agency, will increase the maximum authorized draught of Rauma channel from 10 meters to 12 meters. WASA Dredging is the principal contractor appointed for the channel deepening project. The company will use...
Aker Solutions wins agreement from Lundin Norway
Aker Solutions Wins Engineering Framework Agreement From Lundin Norway Aker Solutions secured a framework agreement from Lundin Norway to provide engineering services for offshore developments in Norway. The agreement covers early-phase studies, pre-engineering (FEED) work, verifications and follow-on engineering for Lundin Norway. It encompasses engineering work from Aker Solutions’ three business areas – Engineering, Subsea...
Siemens to build major new power plant in UAE
Siemens is to develop a major gas-fired power plant in the Northern Emirates to help the demand for its growing power needs. The German company has signed a memorandum of understanding with the Federal Electricity and Water Authority (Fewa) for the construction of a 2.2 gigawatt plant in the Northern Emirates to “enhance the electricity...
SR Technics signs $30m maintenance deal with Airblue
SR Technics, one of the world’s leading providers of technical solutions to airlines, is pleased to announce that it has signed an engine maintenance contract with Pakistan’s second largest airline, Airblue Limited. Worth over USD 30 million, the agreement runs until 2022 and covers the maintenance and overhaul of the M56-5B engines used on Airblue’s Airbus A320 fleet. This...
Dutch Ampelmann signs Sakhalin contract
Dutch offshore access solutions provider Ampelmann has signed an agreement with the Sakhalin Energy consortium to provide its offshore access solutions for the Sakhalin-2 field. Under the agreement, Ampelmann will deliver the winterized version of the motion compensated gangway system which will, according to Ampelmann, allow the transfer of work crew at temperatures of up...
Astaldi win EUR 100m Romanian Highway contract
ASTALDI, NEW ORDER IN ROMANIA Contract valued at about EUR 100 million Astaldi announces it has acquired, in joint venture, a contract in Romania for the construction of the Brasov–Oradea motorway. The works to be performed are worth approximately EUR 100 million (Astaldi Group: 48.5% stake). The contract refers to the design and construction of...
Alba names Bechtel for EPCM $3.5bn contract
Aluminium Bahrain B.S.C. (Alba), the Bahrain-based leading international aluminium smelter, is pleased to announce International Bechtel Co. Ltd. (Bechtel) as the Engineering, Procurement, and Construction Management (EPCM) contractor for its landmark Line 6 Expansion Project. Under the terms of the contract, Bechtel will be responsible to design and construct the sixth potline as well as...
Vinci and Bouygues land Cairo metro contract
The joint venture led by VINCI Construction Grands Projets, alongside Bouygues Construction’s subsidiary Bouygues Travaux Publics and their Egyptian partners Orascom Construction and Arabco Contractors, has won the Phase 3 contract for Line 3 of the Cairo metro. The President of the Arab Republic of Egypt, Abdel Fattah el-Sisi, and the President of the French...
Saipem lands TAP gas pipeline contract
Saipem has been awarded a new contract regarding the offshore section of the Trans Adriatic Pipeline project. The contract has been awarded by Trans Adriatic Pipeline AG, a joint venture between BP, SOCAR, Snam S.p.A., Fluxys, Enagás and Axpo. The EPCI contract (Engineering, Procurement, Construction and Installation) involves the installation of a gas pipeline between...
Aker Solutions signs agreement with Petrobras
Aker Solutions secured an agreement to provide maintenance and other services for subsea facilities at Petrobras-operated oil and gas fields offshore Brazil. The contract is for a fixed term of three years valued at BRL 435 million net of taxes (NOK 1 billion) and may be extended by another three years. It covers maintenance, storage,...