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Bristow Equips Helicopters to Transport COVID-19 Cases
March 23, 2020
Offshore helicopter operator Bristow has said it has successfully repatriated offshore workers in the oil and gas industry with suspected cases of the novel coronavirus — COVID-19 — using three specially-configured former search and rescue aircraft. Three suspected COVID-19 cases
Queensland University of Technology Opens Research Center to Boost Australian LNG Industry
March 17, 2020
The Queensland University of Technology (QUT) has announced the launch of the $100 million research center to help the Australian LNG industry address the challenges of productivity, cost and decarbonization. Supported by $24.7 million Federal Government grant, the Future Energy
Chevron and National Decommissioning Centre Sign Research Partnership Agreement
March 16, 2020
Chevron Corporation and The National Decommissioning Centre (NDC) have signed an agreement that will support research at the NDC through to 2023. The anchor partnership will fund a portfolio of research projects that will aim to better quantify the environmental
UBS Group Says It Will No Longer Finance Arctic Oil, Coal, or Tar Sands Projects
March 16, 2020
UBS Group AG said Thursday that it would no longer finance new offshore-oil projects in the Arctic, thermal coal mines or oil sands on undeveloped land as banks tighten their restrictions on fossil fuels amid pressure from environmentalists and investors.
Halliburton Wins Drilling, Completion Services Contracts for INPEX-Operated Ichthys Project Field
March 13, 2020
Halliburton Company has been awarded seven contracts for drilling and completion services for the next phase of field development of the INPEX-operated Ichthys Project in the Browse Basin offshore northern Australia. The well development campaign is due to start in
Oxea Joins Eight Other Companies to Create New, Integrated Energy Company OQ
March 11, 2020
The chemical company Oxea, part of the Oman Oil Company & Orpic Group, joins eight other companies in a process to create a new, integrated energy company OQ. OQ aims to become a global leading energy company, capturing and capitalizing
New Fortress Energy to Build Gas Plant in Nicaragua, Signs Long Term Power Purchase Agreement
March 11, 2020
New Fortress Energy has signed a 25-year Power Purchase Agreement with Distribuidora de Electricidad del Norte and Distribuidora de Electricidad del Sur, Nicaragua’s electricity distribution companies. As part of the agreement, New Fortress will construct a natural gas-fired power plant
ExxonMobil Outlines Progress on Long-Term Growth Strategy
March 6, 2020
ExxonMobil continues to make progress on the company’s long-term growth plans by investing through the commodity price cycle to capture high-value opportunities and grow earnings and cash flow potential. “We are effectively executing our growth strategy that will lead to
Eni to Restart Production at Damietta Liquefaction Plant, Egypt
March 5, 2020
Eni said that it has signed multiple agreements needed to restart the Damietta liquefaction plant in Egypt by June 2020, thereby ending a suspension that has lasted about eight years owing to various disputes. The Italian oil and gas company
Saudi Aramco Secures EC Approval for $69 Billion Stake Acquisition in SABIC
March 5, 2020
Saudi Aramco has secured an unconditional approval from the European Commission (EC) for its proposed 70 percent stake acquisition in Saudi Basic Industries Corporation (SABIC) for $69.07 billion. The majority stake in the Saudi Arabian petrochemical company is being acquired
