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As construction continues, SBM Offshore secured the $1.14 billion needed to finance work on the vessel. Liza Unity is scheduled for deployment at ExxonMobil's Liza Phase 2 development offshore Guyana.
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New projects coming on stream will boost US gulf oil output to 1.9 million B/D in 2019 and 2 million B/D in 2020, EIA projects.
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DORIS Engineering and Hyundai Heavy Industries have received front end engineering design contracts for the Shwe Phase 3 gas field development offshore Myanmar. Shwe is an integrated development over multiple gas condensate fields within Blocks A-1 and A-3 in the Bay of Bengal. It consists of three major field areas: the central Shwe field, the northern Shwe Phyu fiel…
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The measure bars any California leasing authority from allowing pipelines or other oil and gas infrastructure to be built on state property. It makes it difficult for drilling to occur because federally protected areas are adjacent to state-owned land.
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Critics say an ethane expansion not only will prolong hydraulic fracturing but also could also trigger a public health disaster as political polarization over the climate surges under Trump.
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After a spike in enrollment in 2017, a significant downturn is projected.
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Wearable technology will help drive personal protective equipment growth as the MENA region strives for safer workplaces.
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Unmanned aerial vehicles are creeping up on ubiquity in the oil and gas industry, but their potential still firmly outweighs the actuality. A panel at the 2019 SPE Annual Technical Conference and Exhibition took a close look at the benefits of drones and at the tethers still holding back their use.
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A mini symposium led by experienced industry professionals and environment subject-matter experts will provide a 101-level-course refresher on air permitting and air-emissions management, water and wastewater management, environmental sustainability, and regulatory risk and liability prevention.
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The deal is contingent on Energean Oil and Gas completing its acquisition of Edison E&P, announced in July.
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TechnipFMC received an EPC contract from PetroVietnam Gas for Phase 2 of the Nam Con Son 2 pipeline across the Nam Con Son and Cuu Long basins in Vietnam. The oilfield service company labeled the contract a “significant” one, meaning that it was worth between $75 million and $250 million.
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Tamarind Resources will not extend a contract with BW Offshore for the Umuroa FPSO, which is currently operating on the Tui field offshore New Zealand. The contract will be terminated effective 31 December. BW Offshore will begin preparation for the demobilization of the vessel from the Tui field, where it has been operating since 2007. The news comes on the heels of …
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