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Latest News - page 289

 

Exxon Faces Local Lawsuit over Refinery Fire

Aug 01, 2019

Exxon Mobil Corp was hit with a lawsuit on Thursday over pollution from a fire at the company's Baytown Olefins Plant, according to an attorney for Harris County, Texas, which filed the suit.The fire was being investigated by federal and state agencies…

TC Energy: Order Blocking Keystone XL Pipeline Lifted

Aug 01, 2019

TC Energy Corp's long-delayed Keystone XL oil pipeline took a small step forward this week, after a U.S. court overturned an injunction that barred certain work on the project, the company said.The company, which also reported a better-than-expected quarterly profit on Thursday…

Vallianz, Calm Oceans Build Offshore Mobile Platform

Aug 01, 2019

Singapore-based offshore service provider Vallianz Holdings has entered into a strategic partnership with the offshore oil and gas company Calm Oceans to construct the first Mono-Column Platform-Lite (MCP-Lite).The providers of offshore support…

Oxy Q2 Earnings Dip

Jul 31, 2019

Occidental Petroleum Corp , which is battling activist investor Carl Icahn over its $38 billion purchase of Anadarko Petroleum, reported a 14% drop in quarterly profit on Wednesday, as costs related to the deal and weaker chemical earnings hit its bottom line…

MDL Wins Equatorial Guinea Pipelay Work

Jul 31, 2019

Maritime Developments (MDL), a provider of back-deck equipment for the subsea sector of oil and gas industry, has been awarded a contract to supply a complete pipelay spread and personnel for a flexible installation offshore Equatorial Guinea…

Enterprise Products to Build GoM Crude Terminal

Jul 31, 2019

Enterprise Products Partners LP said on Wednesday it expects to take about two years to construct its oil export project called Sea Port Oil Terminal, or SPOT, in the U.S. Gulf of Mexico.Permitting for the terminal was expected to reach the…

Fire Erupts at Exxon's Baytown complex; 37 Hurt

Jul 31, 2019

Exxon Mobil Corp said it was fighting a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex injuring 37 people and sending nearby residents indoors.As many as 37 people were being treated for non-life threatening injuries amid efforts to put out the fire…

U.S. Senate Panel Backs Nord Stream 2 Pipeline Sanctions Bill

Jul 31, 2019

A U.S. Senate committee passed a bill on Wednesday to slap sanctions on companies and individuals involved in building the Nord Stream 2 pipeline from Russia to Germany that the Trump administration says would strengthen Moscow's economic grip on Europe…

Hess Corp Posts Smaller Quarterly Loss

Jul 31, 2019

Hess Corp reported a smaller-than-expected quarterly loss on Wednesday, helped by lower exploration costs and a surge in output in its Bakken shale and Gulf of Mexico assets that also prompted the company to raise its 2019 production forecast…

BP and Eni Ink Exploration Deal in Oman

Jul 31, 2019

Supermajors BP and Eni on Wednesday signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Ministry of Oil and Gas of the Sultanate of Oman.Block 77 covers a total area of over 2,700 square kilometers…

KBR Wins Aramco Offshore Contract

Jul 31, 2019

American engineering company KBR, Inc., announced that it has been awarded a project management contract by Saudi Aramco to provide project management services for Saudi Aramco's offshore program.KBR will provide project management and engineering…

Enterprise, Chevron to Build Offshore Port

Jul 31, 2019

Pipeline operator Enterprise Products Partners  signed long-term agreements with Chevron Corp to develop Enterprise’s Sea Port Oil Terminal (SPOT) in the Gulf of Mexico.The American midstream natural gas and crude oil pipeline company said in…

GSP Offshore, Trident Black Sea Bid in Ukraine

Jul 31, 2019

GSP Holding company GSP Offshore SRL is the preferred drilling and engineering services provider of Trident Black Sea, in its bid for the right to negotiate a production sharing agreement (PSA) with the Ukrainian government for the offshore Dolphin block in the northwestern part of the Black Sea…

US LNG Exports to Europe Grow

Jul 31, 2019

U.S. exports of liquefied natural gas (LNG) have been growing steadily and reached a new peak of 4.7 billion cubic feet per day (Bcf/d) in May 2019, according to the latest data published by the U.S. Department of Energy’s Office of Fossil Energy…

Swiber Forms JV with Hilong Marine

Jul 31, 2019

Singapore offshore company Swiber Holdings' wholly-owned subsidiary, Swiber Offshore Construction (SOC) has entered into a shareholder's agreement with Hilong Marine Engineering (HME) to establish a joint venture company in Singapore.The shareholders…

Current News

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Hibiscus Petroleum Starts Drilling at Teal West Field off UK

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Yinson Production Nets DNV Approval for New FPSO Hull Design

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Brownfield Output Decline Accelerates, says IEA

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PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

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