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Cheniere Energy signed a long-term LNG supply deal with exploration and production company EOG Resources. Under the terms of the agreement, EOG will sell natural gas to Cheniere over a period of approximately 15 years beginning in 2020, with the quantity starting at 140,000 MMbtu/D and eventually increasing to 440,000 MMbtu/D. The first 140,000 MMbtu/D of LNG will be …
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ExxonMobil has now made 14 discoveries offshore Guyana, while Tullow's announcement of its second find in the basin comes just a month after reporting its first.
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Oil prices rose on the news that Saudi Arabian production was disrupted by aerial attacks. The massive outage might may boost US exports to new highs.
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As part of a plan to increase revenue to more than $1 billion by 2023, the engineering and construction company is moving away from large offshore platforms with fixed substructures, saying that it expects to win and execute a series of FPSO projects in the future.
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Tensions in the region spike as US blames Iran.
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Safe and green innovations for handling hydrocarbon-contaminated cuttings are of great interest for offshore platforms. This paper describes a bulk transfer system that improves the safety of handling cuttings offshore and provides an environmentally acceptable approach to cuttings management.
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The deal sees Energy Transfer gain, among other assets, various crude and natural gas liquids pipelines running from the Denver-Julesburg and Anadarko Basins.
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As part of a deal that could net up to $3 billion, GE will lose majority control of Baker Hughes just two years after it acquired the oilfield service company.
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The planned collaboration is expected to provide analytics-ready data from IHS Markit that would be directly accessible from the GAIA platform.
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Fiber optics are considered one of the more promising direct leak-detection technologies. The fiber core normally used for telecommunication can be converted as a sensor using the principle of light backscattering within the fiber.
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James Fisher Offshore (JFO) has won a decommissioning project in the Middle East, a deal that covers the removal of a new offshore platform jacket in Saudi Arabia. The project requires two full spreads of abrasive cutting equipment to be mobilized in support of a regional contractor’s jacket removal program. JFO said the work will utilize a cutting solution that is ca…
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Clough, an Australian LNG engineering company, has been awarded an engineering, procurement, and construction deal for the loadout line trestle for the LNG Canada project in Kitimat, British Columbia. The contract, worth an estimated $40 billion, covers a liquefaction facility, a 670-km pipeline from Dawson Creek, and a marine terminal. Construction activities began l…
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