
BP Awards $700 Million Offshore Contracts
BP awards $700 million in offshore contracts to Saipem and BOS Shelf for the Shah Deniz Compression Project, expanding Caspian gas output.

BP awards $700 million in offshore contracts to Saipem and BOS Shelf for the Shah Deniz Compression Project, expanding Caspian gas output.

Saipem has secured three offshore engineering and installation contracts worth €600 million across Azerbaijan, the North Sea, and West Africa, reinforcing its global subsea presence.

BP has secured a major arbitration win against Venture Global LNG over missed cargo deliveries, marking a significant development in the ongoing LNG supply disputes involving U.S. exporters.

Heerema Marine Contractors has secured a contract from BP to decommission the Andrew platform in the UK North Sea, covering both topside and jacket removal.

Transocean has secured $243 million in backlog after bp and Petrobras extended contracts for its ultra-deepwater drillships in the Gulf of Mexico and Brazil.

GATE Energy has been awarded the full commissioning scope for BP’s Kaskida Floating Production Unit, reinforcing its partnership with Seatrium on deepwater projects.
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