US supermajor Chevron announced Thursday it will move ahead with the high-profile Anchor project in the U.S. Gulf of Mexico, targeting first oil production in 2024.The $5.7 billion deepwater project is the first ultra-high pressure development to reach a final investment decision (FID)…
Aker BP has tapped Aker Solutions and Subsea 7 to deliver and install subsea infrastructure for the second phase of the Ærfugl development offshore Norway.The Aker BP operated Ærfugl development is a subsea project being developed in two phases…
The Liberia Petroleum Regulatory Authority (LPRA), has announced the launch of the next licensing round, expected to commence in April 2020.In a meeting held between NOCAL, LPRA and TGS, the next steps were unanimously agreed, to allow the government…
Wison Offshore & Marine (WOM), the upstream oil and gas division of Chinese conglomerate Wison Group Holding, announced the fabrication of Arctic LNG 2 Project (ALNG2 Project) commenced in Zhoushan Yard.The module fabrication contract was awarded by Technip France S…
EGS Group, provider of survey solutions, has secured a contract to carry out a geophysical survey at Ørsted’s 1100MW Ocean Wind offshore wind project in New Jersey, the U.S.The survey work, aimed at providing high-resolution geophysical data…
ABS published its Guide for Fuel Cell Power Systems for Marine and Offshore Applications to support the design, evaluation, and construction of fuel cell systems on vessels and offshore assets.“As technology evolves and regulators challenge shipping to decarbonize…
Oilfield services company Schlumberger and software firm Dataiku have teamed up to enable the exploration and production (E&P) industry to build and deploy their own artificial intelligence (AI) solutions across the full breadth of their upstream workflows within the DELFI cognitive E&P environment…
US-based Talos Energy announced it has spent $640 million to acquire a portfolio of producing assets, exploration prospects and acreage in the US Gulf of Mexico.The exploration and production company announced on Tuesday that it has signed definitive…
The 23rd World Petroleum Congress will set the scene for a discussion about the energy transition, climate change and innovative technologies.Set for December 6-10, 2020, in Houston, considered the energy capitol of the world, the WPC typically draws 10…
SBM Offshore announced on Wednesday that it has firmed up contracts with Brazil’s Petróleo Brasileiro S.A. (Petrobras) for the 22.5-years lease and operation of a floating production, storage and offloading unit (FPSO) to be deployed at the Mero field in the Santos Basin offshore Brazil…
SBM Offshore's longtime chairman of the supervisory board Floris Deckers will retire following the company's April 2020 annual general meeting (AGM), the Dutch floating production, storage and offloading unit (FPSO) specialist announced.Roeland Baan…
Tomography technology company Rocsole said it has appointed Mika Tienhaara as the new chiefe executive officer starting in 2020.Tienhaara has previously been CEO of the Ascom Separation which was acquired by Sulzer Chemtech AG, and has held various roles in Aker Solutions…
Malaysia's Terengganu state said on Wednesday it was open to buying a stake in national energy giant Petronas, after Prime Minister Mahathir Mohamad said he was considering such a sale to raise funds for his heavily-indebted federal government…
Ghana's Springfield E&P said on Wednesday that it had discovered 1.5 billion barrels of oil and 0.7 trillion cubic feet of gas in its Afina-1 well in the West Cape Three Points (WCTP) Block 2, offshore GhanaThe undiscovered potential of the…
Engineering firm Wood announced on Wednesday that it has been awarded a contract by Norwegian energy group Equinor to deliver modifications to a pair of offshore platforms in the Norwegian North Sea that will be connected to electric power from floating wind turbines…
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