Chevron

One of the largest pre-sanction fields on the UK Continental Shelf, Rosebank, could significantly bolster the company’s UK portfolio. However, the field’s water depth and harsh environment may run development costs into the multibillion-dollar range.

There is a new, big independent in the UK North Sea, Delek Group. Its UK North Sea arm, Ithaca, bought most of Chevron’s holdings in the sector in a $2 billion deal.

After suffering major setbacks, Chevron’s massive Big Foot project finally achieved first oil last November in the US Gulf of Mexico. With the setbacks in the rear-view mirror, project personnel spoke about the challenges.

Digitalization and new technologies are disrupting old practices and shaping a new safety landscape for the oil and gas industry. At OTC, a panel sponsored by the Center for Offshore Safety looked at the effects of some of these new technology trends.

Oxy has won the fight for Anadarko. Citing capital discipline as the reason, Chevron has elected not to make another bid for the independent.

Anadarko Petroleum now plans to exit its agreement with Chevron after deeming Occidental Petroleum's revised takeover bid "superior."

The explorer has so far encountered 400 ft of reservoir pay zone in an area where it has three other producing fields.

Keen on Anadarko for a while, Occidental Petroleum is ready to do battle with Chevron for the big independent.

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

Data volumes are growing at an exponential rate. How can high-performance computing solutions help operators manage these volumes? Will faster, stronger processors and cloud computing solutions be the answer?