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NEWS |
Transocean Ltd. Announces 5-Year $830 Million USD Drilling Contract for Newbuild Ultra-Deepwater Drillship
Transocean Ltd. announced today that it has signed a rig design and construction management contract, as well as a five-year drilling contract, with Chevron USA, Inc. for one of its two dynamically po (...)
NEWS |
UK North Sea Oil & Gas Review
It has been a busy end-of-year period in the UK Continental Shelf. Between mid-November and the first half of December, several end-year industry reports were published, and companies both large and s (...)
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 |
New oil, gas projects to accelerate next year - report
The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still unlikely to be enough to meet future demand, consultancy Wood Mackenzie said in a (...)
NEWS |
Chevron North Sea wins approval for Captain field EOR project
Chevron North Sea (CNSL) has received an approval from the Oil and Gas Authority (OGA) for the field development plan (FDP) of an enhanced oil recovery (EOR) project at the Captain field in Block 13/2 (...)
NEWS |
Chrysaor sets sights on Chevron's North Sea assets
Private equity-backed oil firm Chrysaor has hired advisers ahead of talks to buy Chevron’s British North Sea oil and gas fields for over $2.5 billion, industry and banking sources said.
NEWS |
Business UK continental shelf still worth oil investment despite Brexit - Equinor
Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union, a senior executive told Reuters.
NEWS |
Chevron begins production from Big Foot project in US Gulf of Mexico
Chevron has commenced crude oil and natural gas production from the Big Foot project, a deepwater project developed with an investment of around $4bn in the US Gulf of Mexico.
NEWS |
Chevron Wellhead Deal Goes to TechnipFMC
TechnipFMC reported Wednesday that it has signed a surface technologies frame agreement with Chevron.
NEWS |
DeltaTek banks eight-hours of rig time for Chevron with SeaCure technology
Well construction specialist, DeltaTek Global, has announced the inaugural deployment of its SeaCure technology.
NEWS |
Chevron Lummus Global and Neste Engineering Solutions enter into collaboration
Chevron Lummus Global (CLG) and Neste Engineering Solutions have signed a collaboration agreement regarding NAPCON operator training simulators for residue hydrocracking technologies.
NEWS |
Petrobras Puts Brakes On Chevron Drilling Plan
Brazil’s state energy giant Petrobras has decided not to go through with a drilling plan at a field operated by Chevron, effectively ruining the supermajor’s plans for the field, Reuters reports, citi (...)
NEWS |
Chevron gets lifeline on delayed Gorgon carbon capture
The McGowan Government has given oil and gas giant Chevron some breathing space for its increasingly desperate efforts to get the troubled Gorgon carbon capture and storage project working.
NEWS |
McDermott Awarded EPC Contract for LUKOIL Refinery
McDermott International, Inc. yesterday announced it has been awarded a significant* contract by LUKOIL NizhegorodNefteorgSyntez, a subsidiary of JSC LUKOIL, for the engineering, procurement and const (...)
NEWS |
Two companies plead guilty to breaching health and safety laws
Two companies have pleaded guilty to breaching health and safety laws in connection with an explosion at a Pembrokeshire oil refinery which killed four people. Dennis Riley, Robert Broome, Andrew Jenk (...)
NEWS |
Chevron first Supermajor to exit Norway
Chevron is the first oil supermajor to leave the Norwegian Continental Shelf, after Norway’s authorities accepted the sale of the only asset of the U.S. firm—a 20-percent stake in an exploration licen (...)
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 |
Chevron Extends North Sea Contract with Petrofac
Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited. The agreement, which has been held by Petro (...)
NEWS |
Equinor acquires a 40% stake in the Rosebank project in the UK
Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS). Once concluded, the transa (...)
NEWS |
Global oil companies win acreage in Brazilian offshore blocks
Major oil and gas giants, including Shell, Chevron and BP, have bagged acreage in the auction of Brazilian offshore oilfields in the pre-salt region.
NEWS |
Chevron receives interest for Rosebank stake in UK North Sea
Chevron has received an expression of interest from a potential buyer for its 40% stake in the Rosebank field, located in the UK North Sea.
NEWS |
TOTAL Set to Acquire Chevron's Interest in Danish Shelf
TOTAL S.A. (TOT - Free Report) has entered in an agreement with Chevron Corporation (CVX - Free Report) to acquire all the share capital of its arm Chevron Denmark Inc., which holds 12% interest in th (...)
NEWS |
Oil majors to bet big on Brazil oil amid election uncertainty
Oil majors are set to gather in Rio de Janeiro on Friday to unveil bids for stakes in Brazil’s high potential offshore areas ahead of elections that are casting a cloud of uncertainty over the industr (...)
NEWS |
Chevron receives buyer interest in North Sea field stake
Chevron has received interest from a potential buyer for its stake in one of the UK North Sea’s biggest oil and gas developments, a company spokeswoman said on Wednesday.
NEWS |
Total to acquire Chevron’s stake in Danish Underground Consortium
Total has signed a deal to acquire 100% of Chevron Denmark from Chevron for an undisclosed price to increase its stake in the Danish Underground Consortium (DUC).
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