Chevron

The umbilicals will be designed and manufactured at Aker Solutions’ facility in Alabama.

The international major has lowered its output forecast in the world’s most prolific unconventional basin by 20%.

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.

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.

Wood will provide the FEED and design for the offshore project. First oil is anticipated in 2024.

Chevron Technology Ventures has joined a consortium in a $16-million investment in a company that provides portable carbon-capture technology.

Chevron has evacuated all of its American oil workers from Iraq following the recent US airstrike in Baghdad.

The Arab world’s most populous country has awarded a string of concessions in a bid to become the region’s next major supplier of natural gas.

The Anchor development in the US Gulf of Mexico is the first ultra-high-pressure project requiring 20-ksi operating pressure to reach a final investment decision.

The US major will keep its overall budget flat for a third straight year, but the expectation of lower oil and gas prices long-term will result in tax impairment charges of $10 billion–$11 billion. More than half of those charges will come from its Appalachia Shale gas assets.