Five rig-owning titans – Transocean, Valaris, Noble, Seadrill, and Diamond Offshore -which are seen as the crème de la crème of the offshore drilling contractors, have managed to increase their combined total backlog to a whopping $21.8 billion.
The p…
Chevron and TotalEnergies have used 20,000 psi (20K) technology to bring oil and natural gas from one of the industry’s first ultra-high pressure projects to the market and paving the way for the development of future ultra-high pressure, high-temperat…
European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quart…
Discussions are underway for a long-term construction completion plan to ensure all activities will resume at full scale to bring the Golden Pass LNG project to life without further hiccups.
The post No Golden Pass for $10 billion US LNG project: Start…
An ongoing fight to pull the plug on two liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas seems to have yielded a partial win for climate activists, as a U.S. court has axed the previous authorizations and passed the baton …