Fossil Energy
Worsley Alumina buying Chevron’s offshore gas
Following the agreement to buy gas from Woodside in Australia on Wednesday, Worsley Alumina JV has also reached a deal to buy gas sourced from Chevron’s offshore Australia fields.
Total plans $5 billion in asset sales as second quarter profit slips on lower oil prices
Total has said it plans to sell about $5 billion worth of assets, mostly from its Exploration & Production business.
TechnipFMC books smaller profit, but sees record inbound orders
TechnipFMC booked a smaller profit in the second quarter of the year despite a 16% increase in revenues when compared to the same period last year.
Swiber creates joint venture with Hilong Marine
Singapore’s offshore vessel chartering company Swiber, under judicial management since 2016, has formed a joint venture with Hong Kong-based Hilong Marine Engineering.
Hibernia output still shut. Oil spill volume shrinking
The Hibernia oil production platform offshore Newfoundland, Canada, is still shut, as cleanup efforts continue one week after 12,000 liters of oil spilled into the Atlantic Ocean.
Equinor posts increase in 2Q net income, cuts Johan Sverdrup costs
Norwegian oil and gas company Equinor recorded an increase in its second quarter 2019 net income while its earnings were down compared to the last year’s quarter.
Williams’ Gulf of Mexico Norphlet deepwater pipeline enters service
Gulf of Mexico pipeline operator Williams has acquired and placed into service the 16-inch Norphlet deepwater gathering pipeline system.
CHC chief executive resigns. Interim CEO named
President and chief executive officer of helicopter operator CHC has resigned to accept an opportunity outside of the oil and gas industry.
Marine Energy Event: How Europe is leading
The 5th annual Marine Energy Event is organized in cooperation with the Dutch Energy from Water Association (EWA) and Dutch Marine Energy Centre (DMEC).
ADNOC in collaboration agreement with Pertamina
ADNOC has signed a comprehensive strategic framework agreement with Indonesia’s Pertamina to explore opportunities for collaboration across the oil and gas value chain in the UAE, Indonesia, and worldwide.
First oil flows from Hibiscus’ North Sabah infill well
Malaysian operator Hibiscus Petroleum has achieved first oil in the North Sabah PSC offshore Malaysia.
U.S. Gulf of Mexico drillship market in enviable position, Westwood says
The U.S. Gulf of Mexico drillship market is currently in quite an enviable position, according to market research provider Westwood Global Energy Group.
Carnarvon raising funds for further Dorado plans
Carnarvon Petroleum has revealed plans to raise around $84 million via two share placements for funding further work on the Dorado discovery and other purposes.
Tullow plans to drill Suriname well next year
Tullow Oil and its partners have decided to drill an exploration well in Block 47 located offshore Suriname next year.