Chevron, a California-based oil and gas giant, is in talks with several companies to divest its downstream assets in Egypt and Pakistan, Reuters reports citing banking sources. The company is hoping to collect up to $300 million from the divestments. Three bids have been launched from interested parties, the news agency further reports, but the [...]
Bilfinger Salamis UK has been awarded a major contract by Chevron Upstream Europe (CUE) to provide a full range of fabric maintenance services on the company’s North Sea platforms. The flagship contract, with a potential value of approximately £50 million, runs for three years and has two additional renewal options. The contract builds on the [...]
Chevron Corporation, a California-based oil and gas company today reported earnings of $6.2 billion for the first quarter 2013, compared with $6.5 billion in the 2012 first quarter. Sales and other operating revenues in the first quarter 2013 were $54 billion, down from $59 billion in the year-ago period, mainly due to lower prices for [...]
Chevron today announced further drilling success by its Australian subsidiary in the Exmouth Plateau area, located in the Carnarvon Basin. The Elfin-1 exploration discovery well encountered approximately 132 feet (40 meters) of net gas pay in the upper Mungaroo sands. It is Chevron’s 21st discovery offshore western Australia since mid-2009. Located in the WA-268-P permit [...]
TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced that a contract was signed with Chevron U.S.A. Inc. to connect the Jack & St. Malo offshore facility with an undersea fiber optic communications system in the deepwater U.S. Gulf of Mexico. Under terms of the contract awarded to [...]
April 17, 2013 | Posted in
Also in the News,
Americas,
Company News,
Contracts & Tenders,
Equipment & Technology,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development |
Read More »
Chevron, a California-based oil and gas exploration and production company has, through its subsidiary Chevron North Sea Limited, ordered a Floating Production Storage Offloading unit from South Korea’s Hyundai Heavy Industries. Hyundai Heavy, one of the world’s largest shipbuilding companies, made an announcement on the Korea Exchange saying that the vessel will, once completed, be supplied [...]
April 11, 2013 | Posted in
Asia pacific,
Contracts & Tenders,
Europe & Eurasia,
Featured,
Headlines,
News,
NEWS BY TOPIC,
News Categories,
Popular articles,
REGIONAL NEWS,
Research & Development,
Vessels |
Read More »
Matrix Composites & Engineering (Matrix) announces it has entered into an agreement with Allseas for the supply of rigid pipeline installation buoyancy for the Chevron-operated Wheatstone Project in Western Australia. The agreement will aid in sustaining the local manufacturing industry and support 225 local jobs, particularly in Kwinana and Rockingham. Under the agreement, 35 people [...]
April 11, 2013 | Posted in
Also in the News,
Asia pacific,
Company News,
Contracts & Tenders,
Equipment & Technology,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
Project Updates,
REGIONAL NEWS |
Read More »
The Brazilian National Agency of Petroleum, Natural Gas (ANP) has given a green light to Chevron to resume oil production from Frade field, offshore Brazil, Reuters has reported. The production has been shut since November 2011, when the authorities ordered the U.S.-based oil company to halt all of its Brazilian operations due to an oil [...]
KBR has been selected by Subsea 7 to perform the topsides design for the Chevron Lianzi development project in a unitized offshore zone between the Republic of Congo and the Republic of Angola. KBR will provide laser scanning of the entire Benguela Belize Lobito Tomboco topsides, FEED verification, detailed engineering and procurement services. The topsides [...]
Chevron Corporation has announced an oil discovery at the Coronado prospect in the deepwater U.S. Gulf of Mexico. The Walker Ridge Block 98 Well No. 1 encountered more than 400 feet (122 m) of net pay. The well is located approximately 190 miles (308 km) off the Louisiana coast in 6,127 feet (1,868 m) of [...]
