Competition heats up for Upper Zakum expansion

Bidders for the $4 billion Upper Zakum (UZ 750) oilfield expansion project are squaring off for what could be a sharp fight as the Abu Dhabi client considers its options following commercial tenders giving a South Korean contractor the edge. The client Zakum Development Company (Zadco) is “not...

Posted on 11/23/2012 / 0 comments / Read More

Waiting game for Browse contract rivals

Rivals for the major turnkey contracts for the Browse liquefied natural gas project in Western Australia have each put their bids forward and now await the final decisions of operator Woodside Petroleum. It is understood that commercial and technical clarifications...

Posted on 11/23/2012 / 0 comments / Read More

Mariner and Bressay bids under evaluation

Statoil expects to make a significant step forward with its Mariner and Bressay heavy oil developments in the UK North Sea by the end of this year. Bids for Engineering Procurement and Construction of the major surface facilities at Mariner are now with Statoil and are under evaluation. And...

Posted on 11/23/2012 / 1 comments / Read More