RSS

Offshore & Marine

Chevron Phillips Chemical Company LLC reinforced its commitment to environmental stewardship by making a $15 million investment in the Circulate Capital Ocean Fund (CCOF). Read more

Offshore & Marine

Equinor and OMV have agreed on transferring the operatorship for the Wisting license and development phase in the Barents Sea as of 1 December. Read more

Global oil refiners have upgraded processing units and adjusted operations to raise output of low-sulphur residual fuels and marine gasoil (MGO) to prepare for stricter shipping fuel standards. Read more

Offshore & Marine

Despite massive cuts in investment the US Gulf of Mexico is set for another year of record oil production in 2020. Read more

Offshore & Marine

1200x-1.jpg

SeongJoon Cho/Bloomberg

Ships hauling everything from iron ore to coal and grains are struggling to obtain the fuels they need to test them in time for the start of sweeping environmental legislation that takes effect in six weeks’ time. Read more

Commodities

Maersk Drilling has entered a contract with BG International Ltd., a subsidiary of Shell, for work offshore Trinidad and Tobago on a two-well development project for the semi-submersible rig Mærsk Developer. Read more

Drilling & Exploration

The money in the fund must be used for its intended purpose: upgrading and modernizing the nation’s harbors, ports, and waterways. Read more

Regulations

georgia-ports-authority-garden-city-terminal-.jpg

Photo Courtesy by Stephen Morton

As U.S. plastics exports grow, suppliers are looking to diversify supply chain solutions and mitigate risk by creating options outside of Texas, where most of the product is made. Read more

Tanks/Terminals/Storage

Maersk Drilling has entered into a contract with Serica Energy UK Ltd. to drill a subsea development well at the Columbus Development in the Central part of the UK North Sea. Read more

Drilling & Exploration

The IEA finds that global offshore wind capacity may increase 15-fold and attract around $1 trillion of cumulative investment by 2040. Read more

Renewable & Biofuel

On 28 October 2019 BP announced a major gas discovery, Orca-1, off the coast of Mauritania. Read more

Drilling & Exploration

McDermott International, Inc. today announced substantial completion of PEMEX Exploracion y Produccion's Abkatun-A2 Platform. The production platform is located in Mexico's Bay of Campeche in the Gulf of Mexico. Read more

Upstream

The preliminary agreement is for Mitsui's participation in the Cameron LNG Phase 2 project in Louisiana, and future expansion of the Energía Costa Azul LNG project in Baja California, Mexico. Read more

Natural Gas/LNG

McDermott International, Inc. announced it has been awarded a sizeable* fabrication subcontract for the Greater Tortue Ahmeyim natural gas project. Read more

Engineering, Procurement & Construction

900x0_s3-44669-Port-Copus-Christi.jpg

Photo courtesy Port of Corpus Christi

The project was one of at least nine crude oil export terminals proposed for the U.S. Gulf Coast to load U.S. shale oil onto supertankers. Read more

Offshore & Marine

Oil from the giant Johan Sverdrup field in the North Sea has arrived at the Mongstad plant north of Bergen. The event is being celebrated at the plant today. Read more

Offshore & Marine

Maersk Drilling has secured a contract for the 7th generation drillship Maersk Viking which will be employed by the POSCO International Corporation, a Korean operator, for a three-well campaign offshore Myanmar. Read more

Drilling & Exploration

U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) averaged 1.8 million barrels per day (b/d) in 2018, setting a new annual record. Read more

Offshore & Marine

Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. Read more

Upstream

Equinor has been awarded exploration acreage in the Northern Carnarvon Basin offshore Western Australia. Read more

Drilling & Exploration

  • 86161759_s.jpg

    Oil and gas production platform, Oil and Gas production and exploration business in the gulf of Thailand.