Aquaterra lines up platform for Chevron in Angola
Chevron has lined up a Sea Swift platform from Aquaterra Energy for work on the Lifua-A field, in Block 0.
Chevron
Changes reflected at ‘Hill’
Hill of Rubislaw in Aberdeen reflects the changing face of the North Sea oil and gas industry, two of the north-east’s leading commercial property experts said yesterday.
Chevron reports $6.6bn quarterly loss because of natural gas write-offs
Chevron reported a massive $6.6 billion loss in the fourth quarter after $10.4 billion in write-offs in North America because of continuously weak natural gas prices.
European oil firms leaving US counterparts behind in energy transition race, CMS report says
European and Chinese oil and gas firms are well ahead of US rivals in the energy transition race, new research has found.
Australia leads in bumper year for Asia Pacific FIDs
Looming wave of final investment decisions (FIDs) will provide massive boost for offshore oilfield service sector in Southeast Asia
Trump gives five US oilfield service firms another three months in Venezuela
Trump administration officials have given five energy companies with strong ties to Houston another three months in the oil fields of Venezuela.
Trac Oil delivering ‘sustainable’ profits after ‘challenging’ period
Trac Oil and Gas’ boss has hailed the return to “sustainable” profit levels for the rope access inspection, repair and maintenance firm after several “challenging” years.
Study: Oil firms pay investors more than they can afford
The largest oil and gas companies for years have lived beyond their means and paid more money to investors than they can reasonably afford, according to a new report.
Property firm’s key role in third of all office deals
Bosses at commercial property consultancy FG Burnett have toasted a successful year, with the firm at the heart of a third of all office deals in Aberdeen during 2019.
Swell of offshore project approvals brings ‘new investment cycle’ – Rystad
A swell of offshore project approvals means a “new investment cycle is in the making”, according to analysts.
Sparrows Group inks ‘eight-figure’ deal with Chevron, Exxon in Kazakhstan
Aberdeen offshore engineering and equipment firm Sparrows Group has announced an eight-figure deal through a Chevron and ExxonMobil join venture based in Kazakhstan.
NPDC looks deeper at OML 49
Nigerian Petroleum Development Co. (NPDC) has issued an invitation for companies to pre-qualify for work on OML 49, where the subsidiary of Nigerian National Petroleum Corp. (NNPC) works with Chevron.
ExxonMobil, Chevron line up Egyptian entries
Egypt has licensed a number of areas, including the award of around 7,000 square km to ExxonMobil in the offshore.
‘Hardening’ public perception over Brent legs might harm decom science, director says
The director of a multi-million pound decommissioning study has voiced concern that any final decision over the removal of Shell’s Brent platform legs might ‘harden’ public perception toward his project.
Updated: Shell facing £1.8bn impairment charge
Anglo-Dutch oil giant Shell has said it expects to be hit by an impairment of up to £1.8 billion for the year.
The great decoupling of energy stocks from oil creates carnage
This year has been one of moderate gains for the price of oil, but it has been bleak for producers.
Chevron buys Australia’s Puma Energy for nearly $300m
U.S. energy giant Chevron will buy Australia's Puma Energy for about $292 million to provide more fuel distribution support in the Asia-Pacific region.
Subsea 7 wins multi-million Gulf of Mexico deal with Chevron
Subsea 7 today announced the award of a contract with Chevron in the Gulf of Mexico.
Asia Pacific upstream M&A set to accelerate
Southeast Asia and Australia are set to take centre stage in the region’s upstream M&A activity as private equity companies sense a value opportunity.
Exxon and Chevron targeted by climate-activist shareholder group Follow This
The Dutch activist fund that has filed shareholder resolutions pressuring major oil companies in Europe to take action on climate change has set its sights on the U.S.
Chevron authorises Anchor project in Gulf with $5.7bn initial investment
Chevron will move forward with the massive Anchor project in the deepwater Gulf of Mexico that carries an initial development cost of $5.7 billion.
‘Good isn’t good enough’ Chevron boss claims following more than $10bn write-down
Chevron’s boss told an American TV host that “good isn’t good enough” last night as his firm undertook a more than £10 billion write-down.
Saudi Aramco now ‘worth more than top five oil companies’ combined
Saudi Arabia's oil company Aramco has begun trading for the first time, gaining 10% in its first moments on the market in a dramatic debut that pushed its value to 1.88 trillion dollars, higher than any other listed company in the world.
Chevron to Take $11billion writedown amid weak gas prices
Chevron Corp. expects to write down as much as $11 billion in the fourth quarter, more than half of it from its Appalachia natural gas assets after a slump in prices.
Reuters DecomWorld confirm over 30 international E&P’s to Join 12th annual decommissioning summit in Houston, 2020
DecomWorld – part of Reuters Events- today announced the confirmation of over 30 international E&P delegations to attend their 12th Annual D&A Summit (March 31 – 1 April, Houston).