Saipem has been awarded two offshore contracts in Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with Aramco.The first contract (CRPO 162), with a duration of 32 months, encompasses the Engineerin…
Aramco Taps Saipem for Offshore Work in $600M Deal Read More »
Saipem has been awarded two offshore contracts in Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with Aramco.The first contract (CRPO 162), with a duration of 32 months, encompasses the Engineerin…
Saipem Awarded Two Offshore Contracts in Saudi Arabia at $600m Read More »
Oil prices were steady in choppy trade on Tuesday as investors weighed dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen.Brent crude futures for February delivery, which expire on Tuesday…
Oil Prices Stabilize as Russia-Ukraine Peace Hopes Fade, Yemen Tensions Rise Read More »
Discounts on Russian oil at export terminals have once again approached historic highs, putting pressure on exporters’ trade profits amid weak global oil prices, Reuters calculations show.Western sanctions over Russia’s military action in Ukraine…
Russian Oil Exporters Struggle to Stay Afloat as Discounts Deepen Read More »
China fired rockets into waters off Taiwan on Tuesday, showcased new assault ships and dismissed prospects of U.S. and allied intervention to block any future attack by Beijing to take control of the island in its most extensive war games to date.As pa…
China Launches Rockets into Taiwan Waters During Military Display Read More »