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Offshore & Marine

Cheniere Energy, Inc. announced that the first commissioning cargo of liquefied natural gas (LNG) has loaded and departed from its Corpus Christi liquefaction facility in Texas. more

Offshore & Marine

International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel operators, refiners, and global oil markets. more

Offshore & Marine

ExxonMobil said today that it has made a final investment decision to develop the West Barracouta gas field in Bass Strait to bring new gas supplies to the Australian domestic market. more

Upstream

Stolthaven Houston’s new jetty is on schedule to be fully operational in February 2019 and has been used for layby berthing since October. more

Tanks/Terminals/Storage

Williams announced the sale of certain pipeline systems located in the Gulf Coast area to Easton Energy LLC for $177 million in cash. more

Midstream

The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 million barrels. Equinor and its partners have decided to invest some NOK 1.4 billion in Vigdis boostin more

Upstream

ExxonMobil said today it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. more

Drilling & Exploration

National Oilwell Varco, Inc today announced the signing of a frame agreement with Equinor ASA for the provision of IntelliServTM Wired Drillpipe to outfit their global fleet of offshore drilling rigs. more

Drilling & Exploration

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has completed the sale of its shares in Shell E&P Ireland Limited (SEPIL), which holds a 45% interest in the Corrib gas venture, for up to $1.30 billion more

Offshore & Marine

McDermott International, Inc. (NYSE: MDR) announced today a sizeable* contract from Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell plc, for new subsea umbilical and flowline installation more

Upstream

McDermott International, Inc. announced a contract award by Petrobras for a natural gas pipeline project in support of the client’s Santos basin pre-salt field program. more

Pipeline/Transportation

The U.S. Army Corps of Engineers (USACE) announced its Fiscal Year (FY) 2019 Work Plan, which includes an additional $59 million in funding for the Corpus Christi Ship Channel Improvement Project (CIP). more

Offshore & Marine

BP, on behalf of co-venturers Shell, Chevron and ConocoPhillips, achieved first oil production from the giant Clair Ridge project in the West of Shetland region offshore UK. more

Upstream

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REUTERS/ALVIN BAEZ/FILE PHOTO

BP Plc’s trading arm on Friday entered a tolling agreement with the owners of an idled oil refinery in St. Croix, U.S. Virgin Islands, cementing plans to bring the plant back online six years after it was idled by previous owners. more

Refining/Petrochemical

Located 120 miles offshore Guyana, the 6.6 million-acre Stabroek Block holds exciting exploration and development potential. With commercial production expected to begin in 2020. more

Offshore & Marine

Equinor will operate two exploration parcels, NL18-CFB01-14 (Equinor Canada 70%, Husky Energy 30%) and NL18-CFB01-15 (Equinor Canada 60%, Suncor Energy 40%), totalling 412,644 hectares , and will participate in the Suncor Energy more

Offshore & Marine

Pricing is everything. In retail and in real estate, we all know that price can either attract prospective buyers or drive them away. The same can be said about the federal government’s approach to royalty revenue for offshore oil and gas production. more

M&A/Investment

The Port of Corpus Christi Authority has entered into an agreement with The Carlyle Group (“Carlyle”) to develop a crude oil export terminal on Harbor Island. more

Offshore & Marine

Pin Oak executed a 10-year exclusive use agreement for Suezmax vessels at Public Oil Dock 14 with the Port of Corpus Christi, including extension options. more

Offshore & Marine

The sale is subject to regulatory approval and expected to be completed in 2019. The transaction’s effective date is 1 January 2017. more

M&A/Investment

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