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Santos targets LNG growth with $1.4 billion ConocoPhillips deal

Santos targets LNG growth with $1.4 billion ConocoPhillips deal

Santos Ltd. agreed to buy ConocoPhillips’ northern Australia business for $1.4 billion in a deal. ConocoPhillips (NYSE: COP) today announced an increase in its quarterly dividend of 38 percent. ConocoPhillips (NYSE: COP) today completed its previously announced transaction. Company will boost the Adelaide-based oil and gas producer’s position in the growing Asian liquefied natural gas...

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Kongsberg Digital to digitalize Shell’s Nyhamna gas facility in Norway

Kongsberg Digital to digitalize Shell’s Nyhamna gas facility in Norway

Kongsberg Digital, a subsidiary of KONGSBERG, signed an agreement to digitalize the Nyhamna facility. KONGSBERG and MAN Energy Solutions have signed a Memorandum of Understanding. The company behind the advanced SeaCross navigation system for safe. The contract award includes the full SURF System including Production wells, Gas and Water Injection wells. Students at the Jiangsu...

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Fugro completes deepwater AUV surveys for Shell in US Gulf of Mexico

Fugro completes deepwater AUV surveys for Shell in US Gulf of Mexico

Fugro has completed several high-resolution geophysical surveys in the US Gulf of Mexico. Erik-Jan Bijvank worked at Stork, a Fluor company, for over 20 years. Banedanmark manages Denmark’s public railway infrastructure and is responsible for maintenance, traffic control. The project required data collection over multiple deepwater lease blocks in the greater Perdido. The programme will...

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Equinor to build wind farm to power oil platforms offshore Norway

Equinor to build wind farm to power oil platforms offshore Norway

Equinor made a final decision to invest in floating wind turbines to power offshore oil platforms off. Equinor and its partners confirmed a new timeline for the Rosebank project. Equinor, on behalf of the Njord licence, has awarded Saipem a subsea service contract. Hywind Tampen will cost a total of almost 5 billion kroner $550...

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MAN Energy Solutions and KONGSBERG sign MoU for collaboration on common data infrastructure for maritime sector

MAN Energy Solutions and KONGSBERG sign MoU for collaboration on common data infrastructure for maritime sector

MAN Energy Solutions and KONGSBERG, the international technology group, have signed a Memorandum of Understanding. Hong Kong-based dry bulk shipping company Pacific Basin Shipping has signed a service agreement. Singapore-based Eastern Pacific Shipping’s orders for a total of eleven 15,000 TEU containerships have been confirmed. The MOU regarding the exploration of the potential for collaboration...

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USGS estimates 214 Tcf of natural gas in Appalachian basin formations

USGS estimates 214 Tcf of natural gas in Appalachian basin formations

The Marcellus shale and Point Pleasant-Utica shale formations of the Appalachian basin contain an estimated. Forest Service and Mount Hood National Forest, will install three new volcano. The Alaska North Slope contains an estimated 53.8 trillion cubic feet of natural gas hydrate resources. It technically recoverable continuous resources of natural gas, according to new USGS...

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Chevron CEO Mike Wirth praises Texas, bemoans California home

Chevron CEO Mike Wirth praises Texas, bemoans California home

Chevron may be based in California, but CEO Mike Wirth had little praise for the state as he lauded the Texas business environment. The Supreme Court of Canada has rejected a request to review a decision of the Court. Chevron Corporation has established new goals to reduce net greenhouse gas (GHG) emission intensity. In the...

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LAGCOE keynote speaker issues rallying call, to earn social license to operate

LAGCOE keynote speaker issues rallying call, to earn social license to operate

Kimberly McHugh, vice president of drilling & completions at Chevron, kicked off LAGCOE 2019 Wednesday morning. Six months after the inaugural Energy Innovators Pitch Challenge. With that pitch, Josh Suttles and his company, Flange Cuff LLC, pulled ahead of nine other finalists for $25,000 in professional marketing. A federal agency that regulates offshore energy production...

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Maersk Supply Service awarded integrated solutions project in Brazil

Maersk Supply Service awarded integrated solutions project in Brazil

Maersk Supply Service will provide an integrated mooring lines life extension solution. Western Australia’s Port of Fremantle is setting new records with the arrival of two Post Panamax containerships. On July 10, the company said that it agreed with SoLix Group AB. Shell’s FPSO Fluminense, including project management, engineering, interface management. New facility which has...

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Weatherford hosts Production 4.0 forum at its Enterprise Software Conference

Weatherford hosts Production 4.0 forum at its Enterprise Software Conference

Weatherford International will present the U.S. oil and gas industry’s only Production 4.0 forum. Company announced its largest-ever contract for deep-set safety valves. Company announced it has signed a $220 million, three-year contract with the Abu Dhabi Company. Company announced the signing of a five-year Corporate Procurement agreement. Enterprise Software Conference from October 7 to...