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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...

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Exxon puts $15 billion of global assets up for sale

Exxon puts $15 billion of global assets up for sale

Exxon Mobil Corp. is again trying to sell its oil and gas operations in southeast Australia. Fourth drillship to begin Guyana operations in October. Technology uses advanced chemistry to remove carbon dioxide from emissions sources. The U.S. supermajor “will be testing market interest” for global assets. Upstream liquids production grows by 8 percent from a...

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ExxonMobil commits to joint development of open automation processes

ExxonMobil commits to joint development of open automation processes

ExxonMobil said that it has signed collaboration agreements with six other companies. Two liquefied natural gas trains planned with combined annual capacity over 15 million tons. Technology removes carbon dioxide from industrial sources and the atmosphere. It accelerate the development of Open Process Automation (OPA) systems. ExxonMobil provide $3 million to USAID to design and...

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Exxon Mobil proceeds with Argentina expansion project in Vaca Muerta basin

Exxon Mobil proceeds with Argentina expansion project in Vaca Muerta basin

Exxon Mobil is proceeding with a long-term oil development in Argentina’s Bajo del Choique-La Invernada block. The project is to produce approximately 40,000 additional barrels of oil per day. It plans on track to more than double earnings. ExxonMobil is holding its annual meeting of shareholders on last week. The study evaluates planned development activities...

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ExxonMobil’s Gulf of Mexico sale draws interest from Repsol, Ineos

ExxonMobil’s Gulf of Mexico sale draws interest from Repsol, Ineos

ExxonMobil Corp. has drawn interest from Repsol SA. The study evaluates planned development activities over the next 40 years. Thirty one institutions of higher learning in New Jersey receive funds. It specialty thermoplastics help reduce vehicle. It ten-year agreement with National Renewable Energy Laboratory. The funding will be provided to the Red Cross to assist...

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CNOOC Limited signs agreement with JSC Novatek for the Arctic LNG 2 project

CNOOC Limited signs agreement with JSC Novatek for the Arctic LNG 2 project

CNOOC Limited has announced that the company has signed a heads of agreement with JSC Novatek. CNOOC Limited announced its key operational statistics for the first quarter of 2019. CNOOC Limited announced that its subsidiary, CNOOC China Limited, has signed a Petroleum Contract with PetroChina Company Limited. has filed with the United States Securities and...

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ExxonMobil wins three blocks in Argentina offshore bid round

ExxonMobil wins three blocks in Argentina offshore bid round

ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments. The expansion project uses proprietary technologies to increase yields of higher. Funding will be provided to the Red Cross and other agencies. Company procures about $500 million a year from women-owned businesses. Travelling exhibition to visit 12 cities over a three-year period....

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Total, Papua New Guinea sign Papua LNG project agreement

Total, Papua New Guinea sign Papua LNG project agreement

ExxonMobil and Oil Search have signed the gas agreement with the Independent State of Papua New Guinea. Fighter jets and elite counterterrorism soldiers has been deployed in Papua New Guinea (PNG). Papua New Guinea (PNG) is gearing up for a nationwide vaccination campaign. Papua New Guinea (PNG) will ban Facebook for a month while the...

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Delmar Systems completes first North Sea rig disconnect using RAR Plus technology

Delmar Systems completes first North Sea rig disconnect using RAR Plus technology

Delmar successfully completed of the mooring system on Seadrill’s West Phoenix semisubmersible drilling rig. Delmar System has been awarded the mooring contract to provide engineering design services. On Next Generation release Rig Anchor system. Delmar Systems and Maritime Developments (MDL) have formed a joint-partnership to launch LiveWire. Company excited and proud to be recognized by...

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BHGE announces February rig counts

BHGE announces February rig counts

Baker Hughes, a GE company has announced that the Baker Hughes international rig count for February 2019 was 1,027. Baker Hughes, a GE company (NYSE: BHGE), the world’s first fullstream oil and gas company. It will supply turbomachinery equipment for the construction of the Golden Pass LNG export facility. It introduced of *MILLITE™ lightweight frac...

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