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Shell says it’ll stay in Canada while other oil majors flee

Shell says it’ll stay in Canada while other oil majors flee

Royal Dutch Shell is reassuring investors, workers, and anyone else who will listen that it’s the international oil major. Consortium announces oil and gas production start at P-68 FPSO located at BM-S-11-A concession in Berbigão, Sururu. Royal Dutch Shell plc announces the commencement of trading in the next tranche of its share buyback programme. Shell’s...

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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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Canadian petroleum agency approves Hibernia platform restart following spill

Canadian petroleum agency approves Hibernia platform restart following spill

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) issued approval to Hibernia Management. Today’s fiscal framework for natural gas development in British Columbia is a critical step to create a global. Global Energy Monitor published a misleading report titled. The Government of Canada’s new approval to build the Trans Mountain Expansion Project. Canada’s oil sector...

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Chevron warns future Venezuela events may hurt earnings

Chevron warns future Venezuela events may hurt earnings

The last major U.S. oil producer in Venezuela is warning that developments in the crisis-torn South American. Chevron U.S.A. Inc. has awarded Schlumberger subsidiary OneSubsea a 20-year subsea equipment. Chevron Corp. is seeking approval to modify its plans for a liquefied natural gas export facility. Chevron U.S.A. Inc. has completed its $350 million acquisition of...

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Saipem to establish a spoolbase in the US Gulf of Mexico

Saipem to establish a spoolbase in the US Gulf of Mexico

Saipem will establish a spoolbase on Greenwood Island, Pascagoula, Mississippi. Saipem has reached an agreement with Technip France SA. Saipem informed that, on that same date, the Tribunal of Algiers had pronounced a first instance judgment. Company serving as a highly specialized site designed to provide support for vessels performing pipelay activities. Saipem has been...

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ADNOC and Petramina expand partnership exploring new upstream, downstream opportunities

ADNOC and Petramina expand partnership exploring new upstream, downstream opportunities

The Abu Dhabi National Oil Company (ADNOC) signed a Comprehensive Strategic Framework. Abu Dhabi National Oil Company (ADNOC) met with Excellency Alexander Novak. The Korea National Oil Company (KNOC) and GS Energy one of ADNOC’s youngest operating companies. The discussions coincided with a joint visit to review the progress of the over US$ 30 billion....

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TechnipFMC scores $7.6-billion contract for the Arctic LNG 2 project in West Siberia

TechnipFMC scores $7.6-billion contract for the Arctic LNG 2 project in West Siberia

TechnipFMC has been awarded a $7.6-billion Engineering, Procurement and Construction (EPC) contract by Novatek. TechnipFMC is preparing for the relocation of its Parisian teams early 2021. TechnipFMC announces the recent completion of the construction of the new Boehringer Ingelheim Respimat® plant. The shipment will be delivered by the Valencia Knutsen LNG Tanker to customers in...

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YPF awards McDermott pre-FEED contract for Vaca Muerta LNG in Argentina

YPF awards McDermott pre-FEED contract for Vaca Muerta LNG in Argentina

McDermott International announced it has been awarded a contract by Argentina-based YPF. It protests that briefly disrupted production in part of Argentina’s main shale. YPF SA, Argentina’s state-run energy producer, is closing the tap on some of its natural gas wells. The state-run energy firms of Chile and Argentina said on Wednesday. Norway’s Statoil has...

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McDermott wins FEED contract for Sohar LNG bunkering project in Oman

McDermott wins FEED contract for Sohar LNG bunkering project in Oman

McDermott International, Inc., announced it has been awarded a sizeable contract by Total Oman E&P Development. The joint venture’s scope of work covers the onshore engineering. Qatar Petroleum has awarded the FEED contract for the North Field Expansion Project’s. McDermott has awarded a charter extension to the Bourbon and Oceanteam-owned construction. It also includes the...

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Chevron seeks to turn Canada LNG plan into all-electric design

Chevron seeks to turn Canada LNG plan into all-electric design

Chevron Corp. is seeking approval to modify its plans for a liquefied natural gas export facility. Company has been notified of an unsolicited “mini-tender offer” by TRC Capital. Chevron Corporation (NYSE: CVX) today reported earnings of $3.4 billion for second quarter 2018. Chevron Corporation announced expectations for significant cash flow growth, disciplined spending. Chevron Corporation...

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