Asset Management
The deal includes Waygate’s inspection portfolios and is expected to close later this year.
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
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An overview of methane emissions and the changes anticipated with the energy transition highlight resources available to SPE members and plans for cross-discipline initiatives. -
Oil-consuming nations announced a big push to drive down oil prices. Next week, it’s OPEC’s turn to respond to that move.
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Woodside and BHP make final investment decision on $12 billion offshore development and additional LNG train in Australia. The approval on Monday came at the same time the operators signed an agreement to merge BHP’s petroleum unit into Woodside, originally announced in August.
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The Abu Dhabi National Oil Company took four of the nine awards presented at the 2021 Abu Dhabi International Petroleum Exhibition and Conference.
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French major plans to spend $2 billion on the Libyan field to raise production to 100,000 B/D, and add solar power to the national grid.
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The auction was held as the result of a US district court order issued in June that overruled the Biden administration's attempt to suspend lease sales.
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SBM will supply the FPSO and TechnipFMC will supply more than 50 subsea trees and a dozen manifolds for the project offshore Guyana.
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The fresh investment will result in the manufacture of new drilling-related equipment to assist the national oil company in boosting production capacity.
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Companies join forces in carbon capture project near LNG facility.
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Collaboration seems to be the name of the game as a slew of companies get together to drive the energy transition. These companies are focusing on alternative sources of methane, new ways of making hydrogen, and new ways of keeping track of it all.
