Wood Group Kenny News

 

Iraq Aspires to Pump More Oil and Gas ... but Can it?

Aug 16, 2024

Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse corporate ecosystem, and significant investment being funneled into boosting oil and gas production.  That said, crucial infrastructure issues still need to be overcome…

SBM Offshore to Build FSO for Woodside’s Trion Development Off Mexico

Aug 08, 2024

Dutch FPSO leasing specialist SBM Offshore has signed a contract with Woodside for the construction of a floating storage and offloading (FSO) unit for the Trion deepwater oil field, located in the Perdido Belt of the western Gulf of Mexico…

North Sea Oil and Gas Producers Say UK Windfall Tax is a 'Wrecking Ball'

Aug 01, 2024

Britain's decision to increase a windfall tax on oil and gas producers to help pay for its push to grow renewables will lead to a sharp drop in revenue and accelerate the ageing basin's decline, North Sea drillers said.The new Labour government…

BP Hires Subsea7, SLB’s OneSubsea Alliance for Murlach Oil and Gas Job

Jul 29, 2024

Subsea Integration Alliance, a global alliance between Subsea7 and SLB’s OneSubsea, has secured a ‘sizeable’ contract from BP for the engineering, procurement, construction and installation (EPCI) of subsea pipelines and production systems at Murlach development in the North Sea…

Exxon Clash with Chevron Hinges on Control of Hess' Guyana Asset

Jul 18, 2024

Exxon Mobil's legal bid to stop Chevron's proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of control of Hess' prize subsidiary in Guyana, according to people knowledgeable about the argument.The two top U…

Wood Secures Engineering Work on Shell’s Prelude FLNG Unit

Jul 09, 2024

Engineering consultancy Wood has secured a long-term contract to provide engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) unit.Under the six-year contract signed with Shell…

Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie

Jul 08, 2024

Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online…

Wood Completes Preliminary Engineering for Aramco’s Giant CCS Hub in Saudi Arabia

Jun 10, 2024

Wood has completed the front-end engineering and design (FEED) scope for the first phase of Aramco’s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, expected to be the world’s largest carbon capture and sequestration (CCS) hub…

Foundation Installs Kick Off at Dogger Bank B

May 14, 2024

Foundation installation work has commenced for the second phase of what will become the world’s largest offshore wind farm, Dogger Bank, in the U.K. North Sea.Seaway7’s vessels Seaway Strashnov and Seaway Alfa Lift have commenced installation…

Indonesia to Ask Mubadala to Speed Up South Andaman Gas Development

May 14, 2024

Indonesia will ask Mubadala Energy to accelerate gas development in Indonesia's South Andaman Block after the United Arab Emirates explorer made a second discovery there, Dwi Soetjipto, chairman of upstream regulator SKK Migas, said on Tuesday…

Ørsted Picks ABL for Taiwan Offshore Wind Farms Services

May 09, 2024

Ørsted has appointed energy and marine consultancy ABL to provide marine warranty survey services for the offshore transportation and installation (T&I) of wind turbines and cables package for the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan…

Jason Liu Named CEO of Wood Mackenzie

May 07, 2024

Energy data ana analytics firm Wood Mackenzie announced that Jason Liu has been appointed Chief Executive Officer (CEO), replacing former CEO Mark Brinin, who is departing to pursue other opportunities.Liu brings to the position more than 25…

Exxon Sees Hess Arbitration Dragging into 2025

May 06, 2024

U.S. energy major Exxon Mobil's arbitration case that could block Chevron's purchase of Hess will extend into 2025, Exxon CEO Darren Woods said in an interview on CNBC on Monday, ahead of a coming vote by Hess shareholders on the deal.Exxon…

Wood Scoops TotalEnergies’ Decarbonization Job in North Sea

May 06, 2024

Engineering consultancy Wood has secured a new decarbonization contract from TotalEnergies to support flare gas recovery in the North Sea.The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, follows Wood's successful…

Big Oil Finds More to Love in Deepwater Exploration Fields

May 05, 2024

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight.Offshore exploration had dimmed after the U…

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