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NEWS |
KBR wins pre-FEED contract for MPL’s LNG project in Mexico
KBR has won a pre front end engineering design (pre-FEED) contract from Mexico Pacific (MPL) for a midscale LNG liquefaction project proposed to be built on the Pacific coast of Mexico.
NEWS |
Rowan Announces Contract with ConocoPhillips for the Rowan Norway
Rowan Companies plc announced today that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a contract in Norway by ConocoPhillips Skandinavia AS for an estimated durat (...)
NEWS |
Adnoc among top 10 oil and gas firms worldwide, new ranking finds
State-owned Abu Dhabi National Oil Company is among the top 10 most influential companies and organisations in the energy sector, a new ranking from research and intelligence firm GlobalData found.
NEWS |
ConocoPhillips to spend about $6.1 billion in capex in 2019, flat versus 2018
ConocoPhillips COP, -1.02% set its capital budget for 2019 on Monday, saying it plans to spend $6.1 billion, or roughly the same as will be spent by end 2018.
NEWS |
Aasta Hansteen on stream
On 16 December Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea.
NEWS |
The green light to historically profitable project
The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development.
NEWS |
UK North Sea Review: Latest Developments
It has been a busy month for the oil and gas industry in the UK North Sea. The UK government kept the fiscal conditions in the Budget, authorities approved new developments by major companies, and lar (...)
NEWS |
Shell to sell stake in Greater Sunrise fields to East Timor for $300m
Shell Australia has reached a $300m agreement to divest its 26.56% interest in the Greater Sunrise natural gas fields located off the northern coast of the country to East Timor.
NEWS |
Ineos in talks to buy Conoco North Sea assets
British petrochemicals company Ineos is in exclusive talks with ConocoPhillips (COP.N) to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company, the Sunday Times newspaper rep (...)
NEWS |
Scottish-American start-up Ziyen Inc. moves into oil production
Scottish-American oil and energy company Ziyen Inc., which has operations in Aberdeen, has achieved first oil as it prepares to enter a new round of funding.
NEWS |
WorleyParsons wins ConocoPhillips contracts
Australian engineering company WorleyParsons has been awarded to contracts in the UK by US giant ConocoPhillips.
NEWS |
Marathon Oil looks to exit North Sea
Marathon Oil has launched the sale of its British North Sea oil and gas fields, a document seen by Reuters showed, the latest U.S. firm to retreat from the basin to focus on onshore shale production a (...)
NEWS |
East Timor buys ConocoPhillips' stake in Sunrise gas field - report
East Timor has signed a deal to buy ConocoPhillips’ stake in the Greater Sunrise gas field off the country’s southern coast for $350 million, the Australian Financial Review reported on Monday.
NEWS |
Equinor starts up fasttrack Visund Nord in the North Sea
Equinor has brought onstream the Visund Nord IOR (improved oil recovery) project in the Norwegian North Sea, below budget and two months ahead of schedule.
NEWS |
ConocoPhillips to cut workforce in September
US independent ConocoPhillips will undergo “modest workforce reductions” in mid-September, the company confirmed on Monday. A corporate spokesperson said employees had already been informed of the cut (...)
NEWS |
Conoco confirms decom plan for Southern North Sea
US oil firm ConocoPhillips has revealed its plans for decommissioning a host of southern North Sea installations. It comes on the same day ConocoPhillips confirmed the Theddlethorpe Gas Terminal in Li (...)
NEWS |
BP-led Clair Ridge Field Moves Closer To Production In North Sea
Clair Ridge is the second development on the Clair Field, which was discovered more than 40 years ago and brought online in 2005. and partners are moving closer to marking first oil from the Clair Ri (...)
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