RSS

Upstream

On behalf of the Johan Sverdrup licence, Equinor is awarding the contract for subsea pipelines and associated marine operations in the second project phase to Subsea 7. Read more

Pipeline/Transportation

Prime Rock Resources and New Dawn Energy announced an agreement to jointly develop certain assets contributed by each company in central Louisiana targeting the emerging Austin Chalk Play. Read more

Engineering, Procurement & Construction

As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects. Read more

Upstream

Shell, along with its Joint Venture Partners INPEX, KOGAS and OPIC, today announced that the first shipment of Liquefied Natural Gas has sailed from Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility. Read more

Offshore & Marine

The new administration led by President Lopez Obrador is giving Pemex a boost in its upstream and downstream sectors but the strategy would deliver mainly short term results. Read more

Expansions

ExxonMobil and its partners will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels. Read more

Upstream

McDermott International, Inc. today announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Deve Read more

Upstream

Equinor has today been awarded five licences by the Oil and Gas Authority (OGA) - four as operator and one as partner. Read more

Upstream

Israel’s Delek Group moved closer to listing its Ithaca Energy subsidiary on Thursday by buying most of Chevron’s British North Sea oil and gas fields for $2 billion. Read more

Upstream

TGS and Schlumberger announced today a strategic collaboration for multiclient ocean-bottom node projects in the deepwater U.S. Gulf of Mexico. Read more

Upstream

Appomattox Platform

Hand-out Shell Offshore Inc.

Appomattox, which currently has an expected production of 175,000 barrels of oil equivalent per day (boe/d), is the first commercial discovery now brought into production in the deep-water Gulf of Mexico Norphlet formation. Read more

Upstream

The plan for development and operation (PDO) of the second phase of the Johan Sverdrup field development was formally approved by Norwegian authorities on 15 May. Read more

Upstream

The Rovuma LNG project will work to build the local workforce through focused recruitment and skills development. Read more

Natural Gas/LNG

Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of USD 965 million in cash. Read more

Upstream

otc2018_50yearsgray_1920x1080.jpg

Photo courtesy of Offshore Technology Conference

BIC Magazine attends the largest upstream/offshore event of the year in Houston Read more

Offshore & Marine

Region-wide Gulf lease sale yields $244.3 million in high bids, Chevron eyes 900,000 b/d from Permian by yearend 2023, ExxonMobil adds 4.5 billion barrels to reserves, BSEE: Key to energy security lies within offshore industry Read more

Upstream

The Offshore Technology Conference (OTC) in Houston, Texas celebrates its 50th birthday this week, begging the question – what will the next 50 years hold for the offshore market? Read more

Upstream

ExxonMobil said today it has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals. Read more

Upstream

McDermott International, Inc. (NYSE:MDR) announced today it has recently successfully completed the final offshore campaign for the INPEX-operated Ichthys LNG Project, located offshore Western Australia. Read more

Upstream

McDermott International, Inc. (NYSE: MDR) today announced the award of a contract by ENI México for engineering, procurement and construction of wellhead platform one (WHP1) to be installed in the Amoca field. Read more

Upstream

Subscribe to our mailing list

* indicates required
BIC Magazine Enewsletters
Recruiting