Saipem, the Italian energy engineering company working on oil, pipeline gas and LNG projects worldwide, said it was awarded new contracts worth $1 billion for crude and gas in Saudi Arabia and the development of underwater drones in Brazil as a new survey underpinned the long-term viability of oil in the energy mix to help finance cleaner alternatives and technologies.
Ineos, the European petrochemicals company with shale-gas and refinery assets in the UK, said it signed a long-term supply agreement with SP Chemicals of China for the supply of ethane made from US shale gas.
Evergas, the Denmark-based operator of a 26-vessel multigas fleet including new small-scale carriers with LNG and ethane loading capability, has held a US naming ceremony for the eighth and final newbuilt Dragon-Class vessel with 27,500 cubic metres capacity and constructed in China.