Chevron axes contract with Transocean early
Offshore vessel contracted Transocean said it would receive a fee of $148million after Chevron opted to terminate a rig contract early.
Offshore vessel contracted Transocean said it would receive a fee of $148million after Chevron opted to terminate a rig contract early.
Liveried Sikh doormen have welcomed royalty, literary giants and the deep of pocket to Singapore’s Raffles Hotel for decades. And for one night in September they let in the global oil trading community for the industry’s social highlight of the year.
It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they’re reducing their greenhouse-gas footprints every year, actively participating in a trend that’s swept up most corporate behemoths.
With the North Sea topping the global industry with women leadership, Energy’s new series highlights those forging the path ahead for the sector.
The Press and Journal celebrated the resilience of the North Sea oil and gas industry last night at their annual Gold Awards ceremony.
Oil giant, Chevron, is to give the American Red Cross a $1million donation to aid the immediate relief efforts under way as a consequence of hurricane that hit Texas over the weekend.
Chevron chief executive John Watson will soon retire as the oil giant pivots in a world of evolving energy dynamics, The Wall Street Journal reported, citing sources close to the matter.
US oil major Chevron will decide whether to go after increased production from the North Sea Captain field later this year.
Oil and gas majors have pulled off a strong recovery in the 12 months to June 30, and further improvements will follow in the second half of 2017, a Moody’s oil analyst said.
The Gold Awards for best large and small companies will once again be contested by some of the biggest and best names in the North Sea oil and gas industry.
US oil major Chevron returned to black in the second quarter of 2017 thanks to higher oil prices and a pick-up in gas sales.
Big Oil is starting to beat the crude-market slump as the industry rediscovers how to make money at lower prices.
North-east energy service firm Proserv said yesterday it had won £3million-worth of contracts in the Asia Pacific region.
UK driller Ensco has been awarded three drillship contracts offshore west Africa.
The US Supreme Court left intact a ruling that protects Chevron from having to pay $8.6billion in a decades-long battle over oil pollution in Ecuador, rebuffing an American lawyer who was found to have committed fraud in the South American country’s court.
Chevron Phillips Chemical has finished building two polyethylene units in Old Ocean, southwest of Houston, a “major milestone” in its $6 billion petrochemical expansion along the Gulf Coast.
US major Chevron is getting ready to launch a fresh tender for a floating production, storage and offloading (FPSO) vessel for its giant Rosebank project in the UK North Sea.
US oil major Chevron has agreed to sell its Trinidad and Tobago business to Shell.
US supermajor Chevron has awarded a contract for its Tigris and Anchor developments in the Gulf of Mexico.
Chevron’s Gorgon liquefied natural gas plant shut a production train for about a month, at least the eighth outage since operations started 14 months ago at the most-expensive project in the company’s history.
US shale explorers are boosting drilling budgets 10 times faster than the rest of the world to harvest fields that register fat profits even with the recent drop in oil prices.
US oil major Chevron was back in black in the first quarter of 2017 thanks to higher oil prices and lower costs.
Chevron has announced plans to sell its Bangladesh companies. The California-based firm said its subsidiary Chevron Global Ventures had agreed to sell shares of its subsidiaries operating in Bangladesh to Himalaya Energy. Chevron Bangladesh operates the Bibiyana, Jalalabad and Moulavi Bazar fields.
A marine disaster which caused the greatest loss of life in the North Sea since Piper Alpha has been remembered ten years after the Bourbon Dolphin capsised with the loss of eight lives.
The supermajors are signalling the oil industry's return to the Gulf of Mexico's deep waters.