Entries by deepoff

Pipeline vandalism affect PPMC operations

The Pipelines Products Marketing Company, PPMC a subsidiary of the Nigerian National Petroleum Corporation, NNPC is worried about the vandalism of petroleum pipelines in the nation. The firm stated over the weekend that the continued rupturing of both crude oil and gas pipelines in the country was becoming frustrating. The Managing Director, PPMC, Mr. Haruna […]

Saipem bags two FPSO contracts in Brazil and Angola

Saipem has been awarded contracts for the extension of leasing and upgrading works of the Cidade de Vitoria FPSO (Floating Production Storage and Offloading vessel) in Brazil. The company has also been awarded a lease extension and operation contract for the Gimboa FPSO in Angola. These contracts are worth in total approximately $600 million. Saipem has been awarded by […]