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Chevron’s $50-billion purchase of Anadarko will make it the second-place ultra-major, behind ExxonMobil.

The move comes weeks after Gazprom announced a final development concept for the project. Other projects Shell is developing with Gazprom, including the Sakhalin 2 export facility, will not be impacted by the decision.

The move is part of Delek’s strategy to expand its operations beyond the Eastern Mediterranean region. Shell, meanwhile, is in the midst of a $10-billion divestment program.

The gas agreement clears the way for the FEED phase; FID expected in 2020.

The independent oil and gas company is aiming to build shareholder value through a change in business focus to midstream with this step into pipeline service and construction.

During the last decade, the use of drones for industrial asset inspections has grown significantly. The ability to inspect in-service flares can eliminate millions of dollars of operational expenditure and mitigate safety risks presented by traditional access methods.

Working to lower sulfur dioxide and carbon monoxide emissions is beneficial from an environmental point of view, but it is not free. In fact, it comes with a substantial cost increase. This paper explores options for emission reduction at ADNOC’s Habshan gas-processing plant along with their costs.

Aker Solutions and FSubsea have agreed to a joint venture, named FASTSubsea, to help operators increase oil recovery.

Watch Valhall Flank West topsides move outside at the Kvaerner Verdal yard.

When the oil and gas industry goes one way, family-owned Hunt Oil goes the other. And that’s why the company has been around for three generations.

Archer, an oilfield services company, announced the resignation of CEO John Lechner. Lechner, who had been serving in his position since April 2016, is staying on as senior advisor during the transition period until a new CEO is appointed. Prior to becoming the CEO, Lechner had served as president of eastern hemisphere operations and as executive vice president, North…

Nabil Abou-Rahme has been named chief research officer for the Bentley Institute’s Digital Advancement Academies. Bentley Systems said in a statement that Abou-Rahme will lead the company’s efforts in “digital advancement research, collaborating with government, university, and industry visionaries to promote innovative solutions for advancing infrastructure.” He join…