Business/economics
After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
-
Potential suitors to acquire Chevron’s stake in the LNG project include co-owner and operator Woodside. -
Sandvik and Van Oord’s announcements come a week after oil major BP said it’s slashing 10,000 jobs.
-
Aramco’s acquisition of SABIC positions the company as a major global petrochemical player.
-
Texas LNG’s CEO Vivek Chandra and ALNGE Principal Luc Speeleveld outlined key issues and concerns facing the US LNG industry now and in the future as market dynamics remain affected by COVID-19.
-
Write-offs include billions for early-exploration-stage projects that the company will now cut.
-
The development marks the second-largest shale producer to file for Chapter 11 since the onset of the COVID-19 pandemic that sent crude prices reeling.
-
With the acquisition of Magnolia LNG, along with its Texas LNG Brownsville project, Glenfarne Group expands its export capacity to 12 mpta.
-
Work has resumed on Energan’s Singapore FPSO; subsea installation for the Karish project continues as planned.
-
Weatherford announced that Mark A. McCollum, president, CEO, and a director, has left the company, effectively immediately.
-
