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NEWS |
ExxonMobil, BHP to invest $291m to further develop Kipper gas field
ExxonMobil’s subsidiary Esso Australia has made a final investment decision (FID) to develop additional gas from the Kipper field in the offshore part of the Gippsland Basin in Australia with an estim (...)
NEWS |
Pressure on BHP to cut fossil fuel business
Expectations are growing that BHP Group Ltd will deliver a verdict on the future of its petroleum business at its results next week, as it comes under increasing pressure to cut its fossil fuel footpr (...)
NEWS |
BHP looks to adapt to a low carbon economy
BHP is examining options for its oil and gas assets including a sale, as the miner looks to focus on commodities that will be needed in the shift to a low-carbon economy, according to people familiar (...)
NEWS |
McDermott receives design contract for Trion field offshore Mexico
McDermott International has secured a design contract for the Trion field development in the deepwater Gulf of Mexico offshore Mexico.
NEWS |
Hess sells stake in Gulf of Mexico field to fund Guyana project
Oil and gas company Hess Corporation has entered into an agreement to sell its 28 per cent working interest in the Shenzi field in the deepwater Gulf of Mexico to BHP to fund a project in Guyana.
NEWS |
BHP sees slow recovery in oil and gas demand
UK-Australian resources firm BHP's oil and gas production fell by 10pc in its latest financial year and could drop by another 13pc in the next 12 months. Energy demand is unlikely to return to pre-Cov (...)
NEWS |
McDermott awarded Trion FPU contract by BHP
Houston-headquartered McDermott International has been awarded a contract by BHP in Mexico to provide pre-front-end engineering design (pre-FEED) services for a floating production unit that will be i (...)
NEWS |
BHP to invest $283m in Ruby project development
Australian firm BHP has approved a $283m investment in developing the Ruby project situated in Trinidad and Tobago.
NEWS |
Oceaneering to perform first deepwater AUV survey in Mexico
Oceaneering International, Inc. has secured a contract to perform the first-ever deepwater Autonomous Underwater Vehicle (AUV) survey in Mexican waters.
NEWS |
BHP's board approves funding for BP-led U.S. oil project
BHP Group, the world’s largest miner, said on Wednesday its board has approved $696 million (540 million pounds) in funding to expand production at the BP PLC-led Atlantis oil project in the U.S. Gulf (...)
NEWS |
BP launches $3B sale of U.S. assets to fund BHP deal
UK oil supermajor BP Plc has initiated the sale of U.S. oil and gas onshore assets that could raise more than $3 billion to help pay for other U.S. assets it bought in October from BHP, industry and b (...)
NEWS |
ExxonMobil makes FID to develop West Barracouta gas project
ExxonMobil said that it has made a final investment decision to develop West Barracouta gas field in Bass Strait, to bring new gas supplies to the Australian domestic market.
NEWS |
Completion of the acquisition of Total E&P, BHP and Marubeni interests in Bruce and Keith fields
Completion of the acquisition of Total E&P, BHP and Marubeni interests in Bruce and Keith fields
NEWS |
Deals this week: Serica Energy, Jumbo Offshore, Petrobras
Serica Energy has entered an agreement to acquire BHP Billiton Petroleum Great Britain’s (BHP) interests in the Bruce and Keith fields, as well as infrastructure in the North Sea, UK.
NEWS |
Equinor and BHP awarded blocks offshore Canada
Equinor and BHP have both won bids for new exploration blocks offshore Canada. Equinor and its partners announced they were successful in new exploration blocks in the prolific Jeanne d’Arc basin, off (...)
NEWS |
Serica Energy buys bigger share of North Sea oil fields from BHP
Serica Energy said it had acquired an additional interest in some North Sea oil fields from BHP Billiton.
NEWS |
BP transforms its US onshore oil and gas business
In a move that will upgrade and materially reposition its US onshore oil and gas business, BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisiti (...)
NEWS |
BP becomes front-runner to buy BHP's US shale assets
BP has emerged as the front-runner to buy BHP Billiton's onshore oil and gas operations in the US, according to a person familiar with the matter.