Chevron
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Potential suitors to acquire Chevron’s stake in the LNG project include co-owner and operator Woodside.
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The deal is part of the company’s divestment program targeting proceeds of $5 to 10 billion between 2018 and 2020.
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Subsea 7’s installation services contract is the latest Chevron award for its Anchor field project. First oil from the project is expected in 2024.
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The umbilicals will be designed and manufactured at Aker Solutions’ facility in Alabama.
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The international major has lowered its output forecast in the world’s most prolific unconventional basin by 20%.
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The partnership will fund research projects that aim to improve the understanding of the environmental impacts of decommissioning and provide guidance on best options from an environmental perspective.
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Engineering career tip of the day: If you are using Microsoft Excel at work, don’t leave it open on your computer when your boss is nearby.
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Wood will provide the FEED and design for the offshore project. First oil is anticipated in 2024.
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Chevron Technology Ventures has joined a consortium in a $16-million investment in a company that provides portable carbon-capture technology.
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Chevron has evacuated all of its American oil workers from Iraq following the recent US airstrike in Baghdad.