Dutch ocean-towing company ALP will tow Eni's giant FLNG vessel Coral Sul (South) from South Korea to Mozambique, and will also assist with the mooring operations once on location.ALP on Monday said that TechnipFMC and JGC had contracted it…
Royal Dutch Shell said on Tuesday it has temporarily suspended production at its Prelude floating liquefied natural gas (LNG) facility off northwest Australia following an electrical trip on Feb. 2.Work is underway to restore full operations…
Marubeni Corp and its partners have signed a project finance agreement with banks to build and operate offshore wind farms in northern Japan, the Japanese trading house said on Monday. Marubeni said the 100 billion yen ($921 million) plan to…
Oil and gas industry veteran Steven Keenan, who was credited with a high-profile shale discovery for Apache Corp, resigned on Wednesday from his position as senior vice president of worldwide exploration, the company said on Friday.Houston-based…
Japan's Inpex Corp, Sojitz Corp and Japan Oil, Gas and Minerals National Corp (JOGMEC) said on Thursday they exited the Frade oil field in Brazil by selling their stakes to partner PetroRio S.A.The three entities, which owned an 18.3% stake in the oil field through a joint venture…
UK engineering company JGC Engineering and Technical Serviceshas, on behalf of Siemens, completed the construction of high voltage equipment containers for the Moray East offshore substation platforms.'The Moray East offshore windfarm project…
China's offshore oil and gas specialist CNOOC Ltd said on Wednesday it entered a framework deal with China Petroleum and Chemical Corp, or Sinopec Corp, to jointly study and explore mostly offshore oil and gas blocks.Under the deal, the two…
Exxon Mobil Corp and Anadarko Petroleum Corp on Wednesday joined several other U.S. oil producers withdrawing staff from deepwater platforms in the U.S. Gulf of Mexico as what could be a major storm gathered.The withdrawals helped push U.S. oil futures up 3…
Oil and gas producer Occidental Petroleum Corp said on Tuesday the U.S. Federal Trade Commission has granted approval for its proposed $38 billion deal to buy Anadarko Petroleum Corp.The waiting period required for companies under the Hart-Scott…
Anadarko Petroleum Corp,which is the target of a bidding war between Occidental Petroleum Corp and Chevron Corp, reported a 7.2 percent fall in adjusted quarterly profit on Thursday, as it sold oil at lower prices.The oil and gas producer said adjusted net income fell to $259 million…
Oil and gas producer Murphy Oil Corp said on Tuesday it would buy Gulf of Mexico assets from LLOG Exploration Offshore and LLOG Bluewater Holdings for at least $1.38 billion in cash in a move to strengthen its position in the region that saw record production last year…
Exxon Mobil Corp unit Exxon Mobil Cepu Limited is expected to produce 216,000 barrels per day of crude oil in 2019, making it Indonesia's biggest oil producer, the country's upstream oil and gas regulator (SKKMigas) said.In second place Chevron…
A consortium made up of Royal Dutch Shell and Chevron Corp won the Saturno block in the Santos basin in Brazil's pre-salt offshore oil auction on Friday, outbidding a rival group led by Exxon Mobil Corp.Shell's consortium won by pledging 70…
Royal Dutch Shell Plc is in talks to sell its assets in a Gulf of Mexico oilfield to Focus Oil to pay for its takeover of BG Group Plc, Bloomberg reported on Thursday, citing people familiar with matter.The deal could value Shell's stake in the Caesar Tonga field at about $1…
Elaine Maslin looks at some of the ongoing and proposed FLNG projects around the globe (First published in the December 2017 OE, access the full issue here). West Africa has seen a good amount of floating LNG project activity this year with three developments underway…
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