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Chevron Technology Ventures backs Calgary-based pipeline inspection innovator

Chevron Technology Ventures backs Calgary-based pipeline inspection innovator

A Calgary-based technology company whose Pipers technology is dedicated to the pipeline inspection industry. Company established new goals to reduce net greenhouse gas (GHG) emission intensity. Chevron and Microsoft announced the industry’s first three-party collaboration. Company announced it raised growth capital from Energy Innovation Capital and Chevron Technology Ventures. Company announced the sanction of a...

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Chevron wins 90-day Venezuela sanction waiver extension

Chevron wins 90-day Venezuela sanction waiver extension

The Trump administration extended Chevron’s waiver to operate in Venezuela, allowing the second-largest U.S. oil explorer. Company has established new goals to reduce net greenhouse gas (GHG) emission intensity. Chevron U.S.A. Inc. announced it will donate $500,000 to help support local public schools. Company announced the sanction of a waterflood project in the St. Malo...

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Chevron sanctions waterflood project to boost St. Malo production

Chevron sanctions waterflood project to boost St. Malo production

Chevron has sanctioned a waterflood project in the St. Malo field. Company announced that it has completed the acquisition from Petrobras America Inc. Strategic fit that enhances Chevron’s advantaged portfolio. Company launched Fund VII, a new $90 million fund established to sustain Chevron’s continued venture capital investment. The application of enabling technology is expected to...

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Venezuela importing the most fuel since U.S. sanctions started

Venezuela importing the most fuel since U.S. sanctions started

Venezuela is importing fuel at a rate not seen since the U.S. imposed crippling sanctions on the country. A Chinese contractor has agreed to shore up Venezuela’s derelict refining network to ease fuel shortages. US imposed sanctions on Venezuelan individuals linked to Maduro’s government. US President Donald Trump has signed an executive order imposing an...

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McDermott and BHGE awarded contracts for Ichthys Gas Field Development

McDermott and BHGE awarded contracts for Ichthys Gas Field Development

McDermott International and Baker Hughes, a GE company announced contracts to provide a joint URF. The plant utilizes Chevron Lummus Global ISODEWAXING and ISOFINISHING technologies. 34% sequential-quarter increase in backlog to $21 billion, including a record level of $8.9 billion. The award includes technology license, basic engineering, proprietary equipment, training and technical services. It’s located...

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Chevron awards OneSubsea 20-year subsea GOM equipment and services contract

Chevron awards OneSubsea 20-year subsea GOM equipment and services contract

Schlumberger announced today an award by Chevron of a 20-year subsea equipment. Chevron Corporation provided an overview of the company’s 2018 operational performance. Chevron Corporation announced that it has completed the acquisition from Petrobras America Inc. Chevron Corporation (NYSE: CVX) announced that it has entered into a definitive agreement. Chevron Technology Ventures LLC (CTV) launched...

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LAGCOE announces keynote speakers for 2019 conference

LAGCOE announces keynote speakers for 2019 conference

LAGCOE leadership announces the keynote speakers for its 2019 Technical Exposition. LAGCOE leadership announces LAGCOE 2019 online registration is officially open. LAGCOE, a nonprofit energy industry organization focused on promoting commerce. An event in Lafayette last week had a lot to do with the future of St. Mary Parish. The shale drilling boom over the...

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Investors applaud Chevron for $33 billion purchase of Anadarko

Investors applaud Chevron for $33 billion purchase of Anadarko

According to investors, Chevron’s acquisition of Anadarko Petroleum is something of a bargain. Chevron Corporation (NYSE: CVX) announced that it has entered into a definitive agreement. The Supreme Court of Canada has rejected a request to review a decision of the Court. Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies. Chevron Corporation...

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Oceaneering secures integrity services contract extension from Equinor

Oceaneering secures integrity services contract extension from Equinor

Oceaneering International Inc has secured a contract renewal from Equinor. In 2018 Equinor purchased goods and services worth NOK 141,7 billion. Equinor reports adjusted earnings of USD 4.4 billion. The acquisition of one of Europe’s largest short-term electricity traders. Equinor and Chevron have completed their transaction announced in October 2018. Equinor has completed the sales...

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Total announces positive appraisal of A6 Block discovery, offshore Myanmar

Total announces positive appraisal of A6 Block discovery, offshore Myanmar

Shwe Yee Htun-2 discovery, offshore Myanmar, completing a major step towards confirming a commercial project. Chevron is committed to its Thailand investments despite job cuts that have spurred rumours of the US oil major’s exit. Australian energy company Woodside said it is planning to boost its drilling campaign offshore Myanmar. Australia-based Thrust Maritime will provide...

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