McDermott International, Inc. (NYSE: MDR) announced it has been awarded a sizeable* contract by ADNOC to provide FEED services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project.
Chevron is abandoning its $33 billion offer for Anadarko Petroleum, the culmination of a month-long bidding war in which Occidental Petroleum Corp. prevailed over a rival five times its size.
The firm intends to become one of the world's largest LNG producers by 2030 via projects in the inhospitable Arctic environment
Global production optimization specialist Enpro Subsea has announced plans to embark on its most ambitious growth campaign, doubling global sales by 2021.
BP has sanctioned development of the Thunder Horse South Expansion Phase 2 project in the deepwater Gulf of Mexico.
ExxonMobil has said it will invest up to $100 million over 10 years to research and develop advanced lower-emissions technologies with the U.S. Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory.
Qatar Petroleum said it has invited bids for engineering, procurement and construction (EPC) work to expand its liquefied natural gas (LNG) storage, and the loading and export facilities for its North Field Expansion project.
Clariant, a focused and innovative specialty chemical company, announced that it will be collaborating with its engineering partner, Wuxi Xiyuan.
China’s natural gas consumption grew steadily in the first quarter amid the country’s fight against air pollution
US refiners have turned to several lesser-used oil suppliers in the wake of U.S. sanctions that restricted usual providers of widely-used grades as they gear up for peak driving season.
Israel’s Oil Refineries (ORL) said its chief executive, Yashar Ben Mordechai, will step down at the end of the month, citing personal reasons.
ExxonMobil said it will invest up to $100 million to research and develop advanced lower-emissions technologies with the U.S. Department of Energy.
His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and group CEO of the Abu Dhabi National Oil Company (ADNOC), and Darren W. Woods, chairman and CEO of ExxonMobil Corporation (ExxonMobil), met to explore new opportunities for collaboration in the upstream and downstream sectors, and discuss wider regional and business-related developments of mutual interest.
Maersk Drilling will launch its first hybrid, low-emission rig. Combining hybrid power, data intelligence and cleaning technology, the Maersk Intrepid will push the boundaries for low-emission drilling on conventionally powered offshore rigs.
n June 2016, the Panama Canal Authority, the body that operates the Panama Canal, opened a third set of locks that facilitated transit of larger ships, the first such expansion since the canal was completed in 1914. In the years since the canal was expanded.
The terminal is owned by PLNG2, which is a joint venture among PETRONAS Gas Berhad, Dialog LNG Sdn Bhd and Permodalan Darul Ta’zim Sdn Bhd.