Management
Nearly 90% of investment since 2019 has gone to replacing lost production, with $570 billion in spending projected for 2025.
Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
Supermajor BP awards contract to same specialists who commissioned its Argos platform.
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The contracts will cover concept and other project engineering services for at least the next 5 years.
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The three service operations vessels are committed under a long-term contract at the Dogger Bank wind farm offshore UK.
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China will launch renewables-to-hydrogen projects in Inner Mongolia this autumn intended to transform the coal-bearing region into a renewables hub.
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Guyana boasts some of the world's most economic offshore fields. Now it must navigate how to produce them in a world that is asking for oil producers to pull back.
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The contractor was tapped by Chevron Australia and Aker Solutions to provide power from shore to the Jansz-Io field offshore Australia.
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The US military and the Group of Seven leading industrialized nations accused Iran of being behind a deadly attack on an oil tanker in the Arabian Sea.
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The megadeal will make Woodside a Top 10 independent global oil and gas producer with annual volumes of approximately 200 million BOE.
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A trio of service companies will serve as proposed “stalking horse” bidders in the court-supervised sale process, which will be facilitated through Chapter 11 filing.
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Pair look to commercialize autonomous subsea production system for rare earth elements located on the ocean floor off Norway and internationally.
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Service company was previously awarded a similar scope of work related to Shell's Vito project in the US Gulf.