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Chevron and JX Nippon Sign MOU for Collaboration to Evaluate Export of Carbon Dioxide
March 19, 2024
JX Nippon Oil & Gas Exploration and Chevron New Energies, a division of Chevron U.S.A., have signed a memorandum of understanding that provides a framework to evaluate the export of carbon dioxide (CO₂) from Japan to carbon capture and storage
Eni Finds 2nd Largest Discovery Offshore Côte d’Ivoire
March 11, 2024
The President of the Republic of Côte d’Ivoire Alassane Ouattara and the Chief Executive Officer of Eni Claudio Descalzi met in Abidjan last week to discuss the company’s activities in the country, including the successful results of the exploration well
Hitachi Energy Appoints Andreas Schierenbeck as Chief Executive Officer
March 8, 2024
Hitachi Energy has appointed Andreas Schierenbeck as the new Chief Executive Officer, effective July 1, 2024. Claudio Facchin, Hitachi Energy CEO, will step down at the end of June 2024. Schierenbeck will engage with the Hitachi Energy board, executive team,
ConocoPhillips Receives Consent to Begin Production at Eldfisk North Project, Offshore Norway
March 7, 2024
Norwegian Offshore Directorate said that ConocoPhillips has been granted consent by authorities to begin production at the $1.24 billion ( NOK$13 billion) Eldfisk North project in the southern part of the Norwegian North Sea. The offshore Norwegian project comprises two
New Fortress Energy Places Barcarena LNG Terminal in Pará in Operation, Brazil
March 6, 2024
New Fortress Energy (NFE) said its 6 MTPA (300 TBtu) Barcarena LNG terminal located in Pará, Brazil is now operational with the Energos Celsius Floating Storage Regasification Unit (FSRU) on-site. NFE cohosted an event on-site to celebrate the terminal’s commissioning
New Fortress Energy Commissions Terminal Gas Sul LNG Terminal, Brazil
March 5, 2024
New Fortress Energy (NFE) said its Terminal Gas Sul (TGS) LNG terminal located in Santa Catarina, Brazil, is now operational with the Energos Winter Floating Storage Regasification Unit (FSRU) on-site. TGS is an offshore LNG import terminal with a capacity
ChampionX Acquires Artificial Lift Performance to Expand Digital Solutions Portfolio
February 29, 2024
ChampionX Corporation has acquired Artificial Lift Performance Limited (ALP), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed to maximize production
Chevron and Exxon in Dispute Over Hess’ Stake in Guyana Oil Block
February 27, 2024
ExxonMobil said on Monday it may preempt Chevron’s acquisition of a 30 percent stake in a giant Guyana oil block, the centerpiece of its deal for Hess Corp. The companies are in talks on Exxon’s claim it has a right
JERA to Acquire Woodside’s 15.1% Stake in Scarborough Gas Field for $1.4 Billion, Australia
February 23, 2024
JERA Co. has entered into a sale and purchase agreement with Woodside Energy Group to acquire a 15.1 percent participating interest in the Scarborough gas field development project. The total consideration of the acquisition of the project is estimated to
DNO Acquires Interest in UK’s Arran Field for $70 Million, Expands North Sea Portfolio
February 7, 2024
DNO ASA said the company’s wholly-owned subsidiary DNO Exploration UK Limited has entered into an agreement to acquire a 25 percent interest in the Arran field on the UK Continental Shelf from ONE-Dyas. The Arran field started production in 2021
