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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JERA Americas will receive just over a quarter stake in the LNG exporter for $2.5 billion. -
The new production vessel will be installed at the state oil company’s Parque das Baleias complex.
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“Where is Shell based?” The answer to that is likely to get simpler very soon.
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Africa’s first floating LNG facility will be towed from South Korea to its new home on the Coral South project.
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Although offshore drilling demand is slowly getting better, headwinds remain.
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Norwegian oil firm chooses Aker, Sevan, TechnipFMC and others to continue studying $8-billion-plus Barents Sea development.
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The supermajor and service company that have long been partners on oil and gas projects said they are exploring new models to fit the energy transition. They also separately announced this week new plans to expand into the hydrogen market.
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Union of rival contract drillers will create one of the largest offshore rig companies.
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The 2021–2022 Drillbotics competition will require the contestants to integrate human factors engineering considerations into their automated drilling rigs for the first time.
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Oil production from West Africa has fallen from last year’s depressed levels and will remain down without increased investment.
