Tag Archive

TechnipFMC Awarded iEPCI™ Contract

TechnipFMC Awarded iEPCI™ Contract

January 9, 2019 No Comments

TechnipFMC (NYSE: FTI) (Paris: FTI) has been awarded a integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by BP for the Atlantis Phase 3 project worth between $75 million and $250 million. Following final investment decisions from all partners, TechnipFMC will manufacture, deliver and install subsea equipment, including subsea tree systems, manifolds, flowline, umbilicals and […]

BP approves Atlantis expansion

BP approves Atlantis expansion

January 8, 2019 No Comments

Atlantis Phase 3 will include the construction of a new subsea production system from eight new wells that will be tied into the current platform, 150 miles south of New Orleans. Scheduled to come onstream in 2020, the project is expected to boost production at the platform by an estimated 38,000 barrels of oil equivalent […]

Sapura Energy Berhad wins new contracts in Mexico and Malaysia

Sapura Energy Berhad wins new contracts in Mexico and Malaysia

November 22, 2018 No Comments

Sapura Energy Berhad (Sapura Energy) has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion. The new contracts have lifted the company’s orderbook to RM18 billion and total contract wins to-date for this financial year to RM7 billion. Sapura Energy has built capabilities and expertise that are critical […]

Chevron Announces First Oil From Big Foot Project in the Deepwater GoM

Chevron Announces First Oil From Big Foot Project in the Deepwater GoM

November 22, 2018 No Comments

Chevron Corporation (NYSE:CVX) announced that the Chevron-operated Big Foot deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located approximately 225 miles (360 km) south of New Orleans, La., in a water depth of approximately 5,200 feet (1,584 m.). The Big Foot field was […]

Kosmos Energy Announces Third Quarter 2018 Results

Kosmos Energy Announces Third Quarter 2018 Results

November 13, 2018 No Comments

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced financial and operating results for the third quarter of 2018. For the third quarter of 2018, the Company generated a net loss of $126.1 million, or $0.31 per diluted share as compared to net loss of $63.4 million or $0.16 per diluted share in the same period last […]

Steven W. Green Named President of Chevron North America E&P

Steven W. Green Named President of Chevron North America E&P

November 6, 2018 No Comments

Chevron Corporation (NYSE:CVX) today named Steven W. Green president of Chevron North America Exploration and Production, effective March 1, 2019. Green, 61, succeeds Jeff Shellebarger, who is retiring from Chevron after 38 years of distinguished service. Green, who is currently president of Chevron Asia Pacific Exploration and Production, will oversee Chevron’s exploration and production activities […]

ROWAN RELIANCE AWARDED CONTRACT BY FIELDWOOD

ROWAN RELIANCE AWARDED CONTRACT BY FIELDWOOD

October 31, 2018 No Comments

Rowan Companies plc (“Rowan” or the “Company”) (NYSE: RDC) announced that the Rowan Reliance, an R-Class ultra-deepwater drillship, has been awarded a contract in the United States Gulf of Mexico by Fieldwood Energy LLC with a firm term of one year plus three 90-day options at then market rates. The contract is expected to commence […]

ENERGY NEWSTRACK TO 06/09/18:

ENERGY NEWSTRACK TO 06/09/18:

September 6, 2018 No Comments

The price of OPEC basket of fifteen crudes stood at $75.18 a barrel on Wednesday, 5 September 2018, compared with $76.32 the previous day, according to OPEC Secretariat calculation. Includes: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait […]

Advanced analytics solution, developed with BHGE, will be installed on BP’s upstream assets

Advanced analytics solution, developed with BHGE, will be installed on BP’s upstream assets

September 4, 2018 No Comments

BP announced today that it has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed with Baker Hughes, a GE company, across all four of its operated production platforms in the deepwater Gulf of Mexico. The announcement comes after an initial deployment of POA proved the technology could help prevent unplanned downtime […]

Eni acquires 124 exploration leases onshore Alaska

Eni acquires 124 exploration leases onshore Alaska

August 30, 2018 No Comments

Eni announced the acquisition of 124 exploration leases (for a total of approximately 350,000 acres) onshore in the Eastern North Slope of Alaska from Caelus Alaska Exploration Company, LLC. Eni will hold all the leases with a 100% working interest. The “Eastern Exploration Area” (EEA) is located to the South-East of the giant Prudhoe Bay […]

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