Anadarko has made its third discovery in deepwater offshore Colombia, with the Gorgon well. The Gorgon-1 well encountered 260-360ft net of natural gas pay, according to Anadarko. Partner Ecopetrol said the well showed gas presence in two different exploration targets…
Wood Group has signed a 10-year master services agreement (MSA) with Chevron that allows them to deliver conceptual engineering, pre-front-end engineering design (pre-FEED), FEED, detailed design and procurement services in multiple locations…
Susan Gourvenec offers a down under outlook for decommissioning offshore oil and gas facilities. Operating pipelines provide habitat for marine life. Photos from Woodside. Australia’s…
US oil major Chevron has picked up a new exploration permit in a 'gas-rich' part of the Carnarvon Basin, offshore western Australia. Chevron paid US$2.3 million (A$3 million) for the cash bid permit WA-526-P, which will last six years…
All eyes may be on Guyana, but there’s plenty of other countries worthy of attention in South America. Audrey Leon surveys the current spike in exploration activity in the region. Image from Anadarko Petroleum’s Q4 Operations Report…
Anadarko has its eyes set on Colombia, announcing further drilling plans in the Purple Angel block, and opportunities it has identified through the Esmeralda 3D seismic survey in the area. Map of Gorgon…
Although Australia has some of the most progressive fiscal regimes for offshore oil and gas, the country is being short-changed in LNG exports, which is on the verge of further expansion this year. Audrey Raj reports. Shell’s…
Chevron posted total earnings of US$415 million for Q4 2016, however, posted a loss for full-year 2016 that the US supermajor says were due to the low oil prices. Image from Chevron. Chevron’s Q4 2016 earnings reflected a gain…
BP has completed its deal with Cue Energy to take 80% interest in and operatorship of permit containing the Ironbark prospect, offshore northwest Australia. Under the deal, BP will fund 100% of the required work program on exploration permit WA-409-P for the next three years…
More than 70% of Chevron's US$19.8 billion 2017 planned upstream investment will generate production within two years, the firm said yesterday. Chevron says it is targeting shorter-cycle, high-return investments with its 2017 capital budget…
US supermajor Chevron reported a 35% decline for Q3 2016 when compared to 2015, and an even more drastic drop when looking at its total earnings for the first nine months of the year. Big Foot…
Wood Group and Technip have recently completed 11 years of engineering and project management services on the Chevron Australia - operated Gorgon Project, Australia’s largest single-resource development. In collaboration, Wood Group and…
The next five years will bring a reshaping of the global gas trade, the International Energy Agency (IEA) said in its 2016 Medium-Term Gas Market Report. New liquefied natural gas (LNG) supplies are coming online just as demand growth in some major markets weakens…
We have the saying “digital oilfield” within the industry, but does it exist in reality? Audrey Raj reports. Technip CEO Thierry Pilenko. Images from OTC Asia. With offshore…
Chevron’s Gorgon project could put Australia s on track to be the largest liquefied natural gas (LNG) exporter in the world at 11.5 Bcf/d, according to the US Energy Information Administration (EIA). Gorgon…
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