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Royal Dutch Shell

Oil and gas major Shell has publicly committed to selling more than $5 billion of assets per year in 2019 and 2020. The Netherlands-based company is trying to use its global scale to build a power business as the world moves toward cleaner energy. Read more

M&A/Investment

Castleton Resources will hold 222,400 net acres in the region and produce some 334 MMcfe/d (net). Read more

Drilling & Exploration

Ocean LNG has dominated in terms of long-term liquefied natural gas (LNG) import volumes for contracts signed by key purchasing companies for the year 2019, with almost 47% of the global contracted capacity. Read more

Natural Gas/LNG

Consortium announces oil and gas production start at P-68 FPSO located at BM-S-11-A concession in Berbigão, Sururu, and West Atapu; unit can process up to 150,000 barrels per day. Read more

Natural Gas/LNG

The 2019 WJTA (Water Jet Technology Associations)-IMCA (Industrial & Municipal Cleaning Association) Conference & Expo was held Nov. 11-13 at the Morial Convention Center in New Orleans. Read more

BIC Attends

Environmental awareness

Gaj Rudolf

Total said it would reconsider its memberships of these three groups “in the event of lasting divergences.” Read more

Health, Safety & Environmental

Royal Dutch Shell plc (Shell) today announces the appointment of Huibert Vigeveno as Downstream Director with effect from 1st January 2020. Read more

People Going Places

The company now expects higher annual production and lower costs than its earlier estimates. Read more

Pipeline/Transportation

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Photo courtesy Contra Costa County Fire Protection District

On Monday, a small earthquake hit operations at two oil refineries in California. Then, firefighters had to battle a blaze in Northern California after two ethanol tanks caught fire. Read more

Health, Safety & Environmental

Oil and gas companies have come under huge public and investor pressure in recent years to reduce carbon emissions from their operations and the products they sell. Read more

Health, Safety & Environmental

The 10th annual Gulf Coast Industry Forum Sept. 18 and 19 features five panels of experts from the maritime, petrochemical, transportation and logistics industries discussing growth and challenges facing continued economic development in the region. Read more

Plant Management & Operations

This transaction demonstrates Equinor’s ambition to grow and strengthens the portfolio in the US Gulf of Mexico, now producing a total of more than 130,000 boe/day. Read more

Offshore & Marine

Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the US and China, while BP dominates among the majors Read more

Commodities

Flowserve will support Prelude from its recently refurbished Quick Response Center (QRC) in Darwin, the capital of Australia’s Northern Territory. Read more

Upstream

The project is expected to start production in late 2021 and produce up to 35,000 barrels of oil equivalent per day (boe/d) at peak rates. Read more

Offshore & Marine

Appomattox Platform

Hand-out Shell Offshore Inc.

The transaction represents Shell’s focus on strategically positioning the deep-water business for growth and is consistent with its strategy to pursue competitive projects that deliver value in the 2020s and beyond. Read more

M&A/Investment

Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently announced $18 billion worth of project commitments associated with the Marjan and Berri expansion projects. Read more

Offshore & Marine

The Government of Indonesia has approved the revised Plan of Development for the Abadi LNG project. Read more

Offshore & Marine

Louisiana, Mississippi and Texas coastal refineries operated by Royal Dutch Shell Plc and Chevron Corp were monitoring a developing weather disturbance in the northeastern Gulf of Mexico that may produce heavy wind and rain later this week. Read more

Plant Management & Operations