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Oil Field
SBM Offshore Puts FPSO Work for Exxonmobil's Oil Project Offshore Guyana Into the Hands of Seatrium
Single Buoy Moorings, a subsidiary of the Netherlands-based FPSO operator SBM Offshore, has tasked Singapore-headquartered Seatrium Limited with the topsides fa…
Oil & Gas Trade
BP Eyes 2025 Fid for Tiber Oil Project in US Gulf of Mexico - Executive
An illuminated BP sign is seen at a petrol station in Chester-le-Street, Durham, Britain, September 23, 2021. REUTERS/Lee Smith/File Photo Purchase Licensing Ri…
Oil&Gas Drilling
Exxon Moves Forward With Sixth Oil Project in Guyana
Exxon Mobil?s new headquarters are seen under construction in Georgetown, Guyana, February 18, 2024. REUTERS/Sabrina Valle/File Photo Purchase Licensing RightsA…
Oil & Gas Trade
Exclusive: Japan's Inpex Selling Stake in Russian Oil Project to Itochu
The logo of Itochu Corp is seen outside the company's headquarters in Tokyo, Japan, November 7, 2016. REUTERS/Toru Hanai/File Photo Acquire Licensing Rights…
Oil & Gas Trade
Shell to Boost Production at Perdido's Oil Project in Us Gulf of Mexico
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …
Oil&Gas Drilling
Australia's Red Sky Cleared to Start Up Killanoola Oil
Australian oil and gas explorer Red Sky Energy has received approval from the South Australian state government to start production at its DW-1 well, part of th…
Oil Field
Exxon Expects to Fid Guyana's Sixth Oil Project by Q1 2024
The Exxon logo is displayed above the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York December 21, 2015. REUTERS/Lucas Ja…
Oil&Gas Drilling
Equinor 'More Optimistic' of Building Canada Offshore Oil Project
Equinor logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsThe head of Canadian …
Oil&Gas Drilling
Totalenergies Begins Drilling at Tilenga Oil Project in Uganda
TotalEnergies is the operator of the project. Credit: HJBC via Shutterstock.French energy major TotalEnergies has commenced commercial drilling at the Tilenga o…
Oil&Gas Drilling
Woodside Sanctions $7.2 Billion Deepwater Oil Project
Australia’s energy giant Woodside has made a final investment decision to develop a deepwater oil project in the Perdido basin in the Gulf of Mexico located 30…
Oil&Gas Drilling
Kuwait Oil Company to Invest $43 Billion on New Oil Projects, CEO Says
Kuwait intends to expand production by nearly 200,000 barrels per day
Energy Safety
Exxon, Guyana’s Environmental Agency in Breach of Oil-Spill Insurance
An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part due to errors by the environmental regulator, a G…
Energy Investment
U.S. Oil Majors Focus On Cost Discipline in Spending Plans
As Exxon and Chevron focus more on shareholder returns and less on speculative spending, they are both reining in investments in large international oil project…
Crude Oil
Exxon, Chevron to Spend Billions More on Oil Projects Next Year
The two largest U.S. oil companies - Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) - disclosed plans to increase outlays on energy projects next year amid h…
Crude Oil
Aker BP to Invest $19 Billion in Offshore Oil Projects in Norway
Norway’s oil and gas firm Aker BP approved plans to invest $19 billion in developing new projects offshore Norway by 2028, raising its initial capital expendit…
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